Restaurant point of sale (POS) provider Toast has attributed its strong quarterly performance to location additions and balancing top-line growth while optimizing operational efficiency. Third-quarter (Q3) earnings results announced on Tuesday (Nov. 7) showed a 37% year over year (YoY) surge in revenue to about...
Restaurant point of sale (POS) provider Toast has a new chief executive. Aman Narang, who co-founded the firm in 2011 and has served as its chief operating officer since 2021, will become CEO at the start of 2024, the company announced in a news release Tuesday (Sept. 5). Narang...
NCR Corp. announced the acquisition of Midwest POS Solutions to expand its presence in Kentucky and Indiana, as detailed in a press release on Monday (Oct. 7). Midwest POS is among the first NCR Aloha dealers. The acquisition will expand NCR’s service to 1,000 restaurants...
The restaurant search app Zomato has found a new vertical for itself: point of sale. The Economic Times reports that the New Delhi-based startup is trying out a new, cloud-based point-of-sale product called Zomato Base. Specifically, the outlet describes Zomato Base as an Android-based POS...
March 25, 2024
Lightspeed, which provides point-of-sale (POS) systems to restaurants, is reportedly considering going private. The firm went public five years ago but Dax Dasilva, interim CEO and founder of Lightspeed, wonders if going private would be a better option, Bloomberg reported Monday (March 25), citing an interview published on the Montreal-based, French-language news site La Presse. […]
September 05, 2023
Restaurant point of sale (POS) provider Toast has a new chief executive. Aman Narang, who co-founded the firm in 2011 and has served as its chief operating officer since 2021, will become...
October 07, 2019
NCR Corp. announced the acquisition of Midwest POS Solutions to expand its presence in Kentucky and Indiana, as detailed in a press release on Monday (Oct. 7). Midwest POS is...
April 04, 2016
The restaurant search app Zomato has found a new vertical for itself: point of sale. The Economic Times reports that the New Delhi-based startup is trying out a new, cloud-based...
