Just Eat acquires iPad POS system Practi in attempt to lock-in restaurants

Just Eat acquires iPad POS system Practi in attempt to lock-in restaurants

5 years ago
Anonymous $9jpehmcKty

https://techcrunch.com/2019/04/16/just-eat-acquires-ipad-pos-system-practi-in-attempt-to-lock-in-restaurants/

Just Eat — the marketplace for online food delivery which IPO’d but which is now under increasing pressure from several avenues, not least Uber and Deliveroo — has decided to add to its ‘quiver of arrows’ by acquiring Practi, a software service that provides independent restaurants and small chains with tablet-based Point of Sale (PoS) and restaurant management systems.

The acquisition cost is an initial £6.7m ($8.7m) with further payments dependent on the business achieving certain commercial milestones.

Just Eat acquires iPad POS system Practi in attempt to lock-in restaurants

Apr 16, 2019, 12:31pm UTC
https://techcrunch.com/2019/04/16/just-eat-acquires-ipad-pos-system-practi-in-attempt-to-lock-in-restaurants/ > Just Eat — the marketplace for online food delivery which IPO’d but which is now under increasing pressure from several avenues, not least Uber and Deliveroo — has decided to add to its ‘quiver of arrows’ by acquiring Practi, a software service that provides independent restaurants and small chains with tablet-based Point of Sale (PoS) and restaurant management systems. > The acquisition cost is an initial £6.7m ($8.7m) with further payments dependent on the business achieving certain commercial milestones.