Waitr Incorporated Reports Recent Business Highlights
Aug 02, 2018 03:41PM
● By Camille Mosley
LAKE CHARLES, La.--( BUSINESS WIRE) Waitr Incorporated (“Waitr”) today reported recent business highlights for the second quarter ended June 30, 2018.
As previously announced, Waitr has entered into an agreement for a business combination with Landcadia Holdings, Inc. (Nasdaq:LCA) (“Landcadia”), a special purpose acquisition company, which is expected to be completed later this year.
- Waitr is now in 34 markets, up from 15 markets in the second quarter of 2017 and 29 markets in the first quarter of 2018.
"We are very pleased with the results in the second quarter,” said Chris Meaux, founder and Chief Executive Officer of Waitr. “These results exceeded our expectations, allowing us to increase our outlook for the year. Our partnership with Landry’s has also helped to accelerate our growth during the quarter. We currently have 57 of Landry’s restaurants on our platform and expect to add additional restaurants by the end of the year. We believe that our strong position in our current markets, proven expansion strategy, strong value proposition to customers and restaurants, differentiated proprietary technology platform and high growth business model built in a capital efficient manner has positioned us well for the long term.
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