SQ Square Inc. Class A

Caviar Introduces Pickup, Creating Even More Ways for Diners to Order

Today Caviar introduced Caviar pickup, a new feature that lets diners order ahead and skip the line to pick up their food at their favorite restaurants. Caviar, which partners directly with over 3,000 restaurants across the U.S., is a high-quality food ordering platform that offers restaurant delivery to individuals and groups of all sizes. The new pickup feature is launching in San Francisco, the East Bay, Los Angeles, and Portland, and will soon expand to customers in all Caviar markets across the country. Pickup comes with no additional fees for diners and the feature is available both online at trycaviar.com and within the Caviar app for iOS.

“We've been using Caviar pickup in beta for the last several weeks and it's definitely revealed an opportunity for sizable new volume in terms of mobile orders,” said Evan Kidera, President of Señor Sisig, a popular food truck in the Bay Area. “We understand how valuable our customers' time is, and we recognize that our often long lines can be intimidating for new customers wanting to try our food. We see the incredible potential that Caviar pickup presents and we're thrilled to offer our customers more options to experience Señor Sisig on the go.”

Square also announced today the company’s acquisition of OrderAhead’s pickup business, a convenient service that allows anyone to save time and discover local restaurants by quickly ordering food for takeout straight from their phone.

“OrderAhead’s expertise in improving the restaurant ordering process for busy diners and businesses is a great fit for Caviar and our commitment to helping restaurants grow,” said Gokul Rajaram, Caviar Lead at Square. “This addition will accelerate Caviar pickup and give more food ordering options to diners across the country.”

Caviar’s deep relationships with local restaurants, integration with Square, and focus on using technology to improve back of house operations, help restaurants of all sizes to grow their sales and expand their reach. With the addition of Caviar pickup, Caviar now offers both quick and reliable delivery and pickup to customers, giving restaurants multiple ways to boost sales through a single platform. More information about Caviar pickup can be found at trycaviar.com.

About Caviar

Caviar is an easy way to order meals from popular local restaurants across the U.S. Customers can order ahead on the web, or instantly from Caviar’s free mobile app for iOS and Android. Caviar provides customers with quick, reliable delivery and pickup service no matter where they are. In New York City and San Francisco, customers can also access Fastbite, a quick and affordable way to order curated meals from some of the city's best restaurants.

Caviar is part of Square’s suite of services for businesses, enabling restaurants across the country to reach more customers, grow their sales, and expand their reach. Caviar provides service in Brooklyn, Boston, Chicago, Dallas, Manhattan, Los Angeles, Philadelphia, Queens, Sacramento, the San Francisco Bay Area (including the East Bay & Marin), Seattle, Portland, and Washington D.C.

About Square

Square, Inc. (NYSE:SQ) creates tools that help sellers of all sizes start, run, and grow their businesses. Square's point-of-sale service offers tools for every part of running a business, from accepting credit cards and tracking inventory, to real-time analytics and invoicing. Square also offers sellers financial and marketing services, including small business financing and customer engagement tools. Businesses and individuals use Square Cash, an easy way to send and receive money, as well as Caviar, a food delivery service for popular restaurants. Square was founded in 2009 and is headquartered in San Francisco, with offices in the United States, Canada, Japan, and Australia.

EN
01/03/2017

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