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Linked Eats Acquires Sauce Technologies, Adding AI Capabilities and Tools to its Expanding Technology Platform for Restaurant Operators

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 Linked Eats acquires innovative revenue management features to integrate with its proprietary technology, optimizing digital ordering and delivery

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LOS ANGELES, Aug. 6, 2024 /PRNewswire/ — Linked Eats, the leading provider of third-party delivery revenue management software for restaurants, is proud to announce the successful acquisition of Sauce Technologies, a leader in AI-powered solutions for digital-ordering. Linked Eats will work with Sauce Technologies’ teams to add innovative features across marketing and demand forecasting into its groundbreaking platform. As third-party delivery has reached scale, restaurant operators have had to adapt but without the tools to manage these critical channels the way they have for in-restaurant. Linked Eats provides operators with a streamlined and user-friendly platform, providing powerful revenue management tools to optimize, automate and manage their third-party delivery business. This service has been proven to enhance financial performance, reduce errors and improve service speed.

Founded by MIT graduates, Colin Webb and Nenye Anagbogu, Sauce Technologies specializes in revenue management technology for restaurants utilizing third-party delivery services. The company’s standout core product offers leading-edge automation solutions that hundreds of restaurants have already embraced. Sauce Technologies’ proprietary tools take a sophisticated approach to drive traffic and revenue, including adjusting prices downward and item by item based on demand and various dining occasions. By implementing these tools, restaurants have significantly increased both orders and sales, leveraging Sauce Technologies’ expertise to thrive in the competitive market.

“We are thrilled to welcome the entire Sauce team to Linked Eats,” said Robbie Earl, Chairman of Linked Eats. “With third-party delivery reaching critical scale we are seeing the landscape shift to a more profit-driven marketplace, and restaurants need new tools to thrive in this challenging and competitive environment. This acquisition will add further AI-expertise to our team and features and further our leadership in developing and providing these tools.”

Linked Eats will incorporate Sauce Technologies’ features into its standout platform, providing solution-driven insights to help restaurants achieve higher profits within third-party delivery, trusted by nearly 4,000 restaurants across more than 30 enterprise brands. With Sauce Technologies, Linked Eats will have even more industry-specific, best-in-class AI and ML expertise, driving the technology to greater advancement and success.

“We at Sauce are excited to join the Linked Eats team and scale the digital growth tools that we’ve built for restaurants. Combining Linked Eats’ operator-first approach and current platform with Sauce’s marketing automation software creates a powerful synergy to supercharge what it means to be successful for today and tomorrow’s restaurateurs,” added Colin Webb Sauce Technologies’ CEO and co-founder.

Before joining Linked Eats, Sauce Technologies raised over $3.6 million from notable investors including Harlem Capital, Red Sea Ventures, Global Founders Capital and Rackhouse Ventures, a venture firm started by Kevin Novak, the former head of Data Science at Uber. Sauce Technologies’ prominent core product has garnered a robust user base with hundreds of restaurants benefiting from its automation solutions. These tools have proven essential in helping restaurants increase both traffic and revenue by optimizing strategies against various factors such as demand, inter-item dependencies and dining occasions.

For more information on Linked Eats, visit linkedeats.io/.

ABOUT LINKED EATS
Linked Eats is the leading provider of third-party delivery revenue management software for restaurants, built by digital restaurant and technology experts, trusted by enterprise clients.  Linked Eats unified technology platform designed to streamline and enhance the performance of third-party digital channels for restaurants. Linked Eats provides operators with intelligence, optimization, and automation to drive revenue, enhance yield management, and reduce costs through a streamlined, and user-friendly platform using AI-powered tools across operations, marketing, pricing, and reporting. Linked Eats has been proven to enhance financial performance, increase digital revenues, and reduce negative impacts from third-party errors and downtime.  Linked Eats is currently trusted by 4,000 restaurants across more than 30 enterprise brands. 

ABOUT SAUCE TECHNOLOGIES
Sauce is the leading platform for restaurants across digital ordering. Data-driven restaurant brands use Sauce to increase profit margins and online conversion rates, driving increased traffic, revenues, and profits for their locations.  Sauce combines AI, automation, holistic data, and control to allow restaurants to implement and test smart strategies that counter rising costs and margin constraints. Hundreds of restaurant brands use Sauce to find the right value-pricing at the right time of day for their customers, automatically and easily.  Whether it’s the ability to have pricing programs rates for lunch vs dinner, weekday vs. weekend, happy hour vs. popular events, or just updating all platforms to reflect the latest changes in food costs, Sauce makes it easy to scale new strategies across all digital platforms.

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SOURCE Linked Eats

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Compete for $150K Prizes: Join Spatial Joy 2024 The Global AR Application Development Championship

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33 mins ago

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September 21, 2024

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HANGZHOU, China, Sept. 21, 2024 /PRNewswire/ — Spatial Joy 2024 The Global AR Application Development Championship is now open for registration! Organized by Rokid, a global leader in human-computer interaction through augmented reality, this championship invites AR developers globally to harness voice, gesture, and visual AI technologies to create groundbreaking AR experiences. Powered by the self-developed YodaOS-Master operating system, Rokid AR glasses deliver exceptional spatial computing performance.

What is Spatial Joy 2024 about？
In September 2022, Rokid kicked off its first AR Application Development Championship. The second championship, held last year in collaboration with Unity and Agora, quickly established itself as the largest AR application development event in China. As Rokid celebrates its 10th anniversary this year, we are excited to present “Spatial Joy,” our newly branded global championship, open to developers worldwide for the first time, and positioned as the flagship event in the AR industry.

Why join Spatial Joy 2024?

Compete for a $150,000 prize poolFree access to Rokid AR Lite or Rokid AR studioDiscounted rates on purchasing Rokid productsFree participationTechnical support from Unity and AgoraInternational exposure within the AR industryOpportunity to attend the award ceremony in China

Who can participant?
The championship is open to global AR developers of all levels, including students, independent developers, teams, and professionals across sectors such as healthcare, retail, education, gaming, entertainment, lifestyle, and more.

How to register?
Detailed registration guidelines and requirements are available online at [https://t.rokid.com/iwvwcxkn]. Developers can register and submit their projects through Rokid official website at [www.global.rokid.com].

Spatial Joy 2024 Timeline:

Registration Deadline: October 16, 2024Final Project Submission Deadline: November 15, 2024Finalists Announcement: December 27, 2024Award Ceremony: January 11, 2025

About Organizer
Rokid has expanded its global presence, making notable progress in key markets across North America, Europe, and Asia, including a successful campaign on Kickstarter. With a decade of expertise, Rokid has revolutionized AR technology, transforming how users interact with both digital and physical environments.

Join us in shaping the future of AR with Rokid – enter Spatial Joy 2024 The Global AR Application Development Championship Now!

View original content to download multimedia:https://www.prnewswire.com/news-releases/compete-for-150k-prizes-join-spatial-joy-2024-the-global-ar-application-development-championship-302254807.html

SOURCE Rokid

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Summit of Whose Future? Girls Have the Answers: Leaders Must Listen

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3 hours ago

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September 21, 2024

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Young Women Activists Launch “What Girls Want,” Demand World Leaders Put Girls at the Center of Summit of the Future 

NEW YORK, Sept. 21, 2024 /PRNewswire/ — Today in New York, more than 50 young women from around the world – including Nobel Prize Laureate Malala Yousafzai – gathered to take government to task for failing to prioritize girls and young women in the upcoming Summit of the Future. The group is backed by acoalition of girl-centered non-profit organizations, institutions, and funds who synthesized the demands of girls at www.whatgirlswant.com.

At a demonstration near the UN, alongside life-size cutouts of world leaders dressed ironically as “girl experts”, the activists delivered a strong message: world leaders aren’t the experts on what girls want for their futures – girls are. 

Eylül Erçin, 19, from Türkiye, shared: “The time has passed for girls and young women to be treated as mere afterthoughts. Leaders must include us in the foundational design of these processes, ensuring that our priorities are integrated into shaping the future we will inherit. Anything less is unacceptable.”

Today’s event is about more than calling out a process failure. Girls i from around the world delivered a forward-looking call to action this week. They expect governments, institutions, and community leaders to step up and help shape a more equitable future.

Alongside fellow activists, Malala said: “Even at 27, I know better than to assume I understand best what girls want. Everywhere I go, girls are eager to share their vision for their futures. As adults, it is our job to listen, fund their work and follow their lead. It is not too late for world leaders to do right by girls. They can start by prioritizing their demands in tomorrow’s final Summit deliberations and by investing resources to match their words.”

The evidence is clear: investing in girls and delivering on their rights transforms economies, societies, and the environment, advancing the SDGs and building a future that girls deserve.

About What Girls Want 

This effort was produced by a collaboration of girl-centered organizations, institutions, funders, and allies. The campaign is anchored around work to collate insights, data, and stories from 20+ public consultations with girls and young women over the past decade, driven by a shared desire to center girls’ demands in spaces where they are being ignored. 

Contact:

whatgirlswantpress@gmail.com

nate.powers@edelman.com

Logo – https://mma.prnewswire.com/media/2384993/Women_Deliver_Logo.jpg 

View original content:https://www.prnewswire.co.uk/news-releases/summit-of-whose-future-girls-have-the-answers-leaders-must-listen-302254570.html

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48-Hour Saudi Visa Processing, Major Discounts and Unmissable Giveaways – Only at ‘Spectacular Saudi’ in Mumbai

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5 hours ago

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September 21, 2024

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NEW DELHI, Sept. 21, 2024 /PRNewswire/ — Saudi’s national tourism brand, ‘Saudi Welcome to Arabia’ is hosting its first-ever immersive consumer event ‘Spectacular Saudi’, from September 25 to October 2,  from 2:00 p.m. – 10:30 p.m. at R2 Ground in BKC, Mumbai.

Slated to transport visitors straight to the Heart of Arabia; the 8-day immersive experience will give visitors a glimpse into Saudi’s many wonders and iconic experiences – all while extending the warm Saudi welcome. To give consumers a truly memorable experience Saudi is offering exclusive giveaways and discounts specially curated for Indian travellers.

What’s more, Indian travellers can fast-track their Saudi visas exclusively at the event. All you need is a valid Visa or Mastercard credit card! Head on over to one of eight dedicated Tasheer kiosks, ensure the name on the credit card matches the passport, and have sufficient funds available on the card. After that, sit back and relax as your visa will be in hand within 48 hours!

It has never been easier to visit Saudi. With the most seamless visa process offered to date, the excitement doesn’t end there. On the travel front, SAUDIA Airlines is offering special deals, including a buy one get 50% off on the second ticket if travelling business class. Additionally, all economy class tickets will be 15% off. Attendees will also have the chance to participate in daily giveaways for free flight tickets for two to Saudi. With over 50+ travel trade offers, visitors can access incredible cashback and discounts on Saudi travel packages. Additionally, those booking Saudi packages will enjoy complimentary cultural city tours. Group tour packages to Riyadh, Jeddah, and Dammam will be available exclusively at the event, starting at INR 99,999 for 5 nights.

Visitors can expect unique immersive experiences–including exhibits, culinary delights, Ardah dancers, Saudi coffee, traditional scents, and fashion–all under one roof. So don’t miss out and register here to experience a piece of Saudi, right in the heart of Mumbai.

Photo – https://mma.prnewswire.com/media/2511104/Spectacular_Saudi.jpg

 

View original content to download multimedia:https://www.prnewswire.com/in/news-releases/48-hour-saudi-visa-processing-major-discounts-and-unmissable-giveaways–only-at-spectacular-saudi-in-mumbai-302254776.html

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