Waitr Holdings Inc.
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- Waitr Holdings Inc. (ASAPQ) operates an online ordering technology platform that connects restaurants, merchants, and diners for on-demand delivery and carryout services across the United States. The platform enables customers to order food, alcohol, convenience items, groceries, flowers, auto parts, and other products through its ASAP.com brand, while providing restaurants with tools for menu management, promotions, analytics, order tracking, and integration with point-of-sale systems; it also facilitates third-party payment processing referrals and delivery services for merchants lacking their own logistics. Founded in 2013 and headquartered in Lafayette, Louisiana, the company originally focused on restaurant delivery in southern U.S. markets before expanding nationwide via key acquisitions, including Bite Squad in 2019 for approximately $323 million, which extended operations to over 86 markets in more than 500 cities across 22 states. Recent major developments include a 1-for-20 reverse stock split in November 2022 with a ticker change to ASAP, strategic partnerships such as with Unilever for frozen treats delivery and NAPA for auto parts in select Louisiana markets, and a voluntary Chapter 7 bankruptcy filing on April 2, 2024, in the U.S. Bankruptcy Court for the District of Delaware, leading to cessation of operations.
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