Olo (OLO) Upgraded at Stifel to 'Buy' on Strong 2Q Results, Announces Partnership with Just Eat Takeaway.com (GRUB)

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Olo Teams Up With Grubhub to Streamline Delivery and Digital Orders for Restaurants

August 10, 2021 4:51 PM EDT

Orders through Grubhub now injected directly into restaurant point-of-sale via Olo Rails

NEW YORK & CHICAGO--(BUSINESS WIRE)-- Olo (NYSE: OLO), a leading on-demand commerce platform powering the restaurant industrys digital transformation, today announced an engagement with... More

Olo Announces Second Quarter 2021 Financial Results

August 10, 2021 4:06 PM EDT

Second-Quarter Revenue Grew 48% Year-over-Year on Continued Active Location and Transaction Volume Growth

NEW YORK--(BUSINESS WIRE)-- Olo Inc. (NYSE: OLO), a leading on-demand commerce platform powering the restaurant industrys digital transformation, today announced financial results for the second quarter ended June 30, 2021.

The second quarter was another strong quarter of profitable growth for Olo. Restaurant digital sales proved durable during the second quarter, demonstrating that the restaurant industrys digital transformation is not just about delivery but all ordering modes. We are excited that Olos platform is enabling restaurant brands... More