Deals
Square Buys OrderAhead to Grab Pickup Business at Restaurants
- Deal capitalizes on trend of ordering online ahead of time
- Caviar, Square’s food delivery unit, to incorporate new app
Square Inc. card reader
Photographer: Yuriko Nakao/BloombergThis article is for subscribers only.
Square Inc. said it acquired startup OrderAhead’s dining pickup website and app that allow people to place take-out orders and skip the line at restaurants.
The deal gives the payments processor access to more diners and eating establishments for its Caviar food-delivery service, which Wednesday announced its own restaurant pickup program. Terms weren’t disclosed.