CloudKitchens

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CloudKitchens is a ghost kitchen and virtual restaurant company started by Diego Berdakin in 2016.[1]

Saudi Arabia investments[]

In January 2019, Saudi Arabia's sovereign wealth fund, Public Investment Fund, invested $400 million in the startup's Series A round. By that time Kalanick had invested $300 million in the company, he sold $1.4 billion of his Uber stock by May 2019.[2][3]

Several sources noted that this was the first investment by the Saudi fund since the killing of Jamal Khashoggi. Sources also noted Kalanick's ties to Saudi Arabia.[4][5][3]

Travis Kalanick purchased a controlling stake in City Storage Systems LLC (created by Diego Berdakin) for $150 million, which operates as the parent company of CloudKitchens and is operated by Berdakin and .[6] This parent company arrangement allows CloudKitchens to operate as a shell company and to keep a level of secrecy or stealth to the startup.[7][6][8][9]

Ghost kitchen operations[]

A ghost kitchen (or "dark kitchen"[2]) allows the kitchen space to operate as a commissary to others, which lets the costs be shared and can exist in lower-overhead spaces than a standard restaurant.[10][11][12] Ghost kitchen partners include:

Otter[]

CloudKitchens created Otter, a food order platform, which consolidates orders from various platforms (such as Uber Eats, Postmates, Caviar, Doordash), for kitchens.[13][14]

Internet Food Court[]

In April 2020 CloudKitchens launched — and closed — an experiment called the "Internet Food Court" in Koreatown, Los Angeles, with retro 8-bit. The Internet Food Court allowed families to order delivery from 100 virtual restaurants.[1]

Future Foods[]

CloudKitchens' virtual restaurant division is named Future Foods.[15][16] Virtual restaurant brands (or "pseudo-restaurants"[17]) are the opposite of a ghost kitchen: they allow existing restaurants to deliver food with the Future Foods brands.[10] Future Foods handles marketing including food photography.[18]

These Future Foods brand orders are organized for a restaurateur using the Otter order system.[14]

CloudKitchens brands[]

Acquisitions and lobbying[]

It acquired FoodStars BH Ltd, which had opened in 2015.[8][17] Bradley Tusk provides political lobbying for the company.[6]

References[]

  1. ^ a b c d Patrick Fallon (5 April 2020). "Amidst COVID-19, CloudKitchens Redefines Restaurants As We Know It". HNGRY. Retrieved 1 June 2021.
  2. ^ a b Kate Conger (24 December 2019). "Uber Founder Travis Kalanick Leaves Board, Severing Last Tie". nytimes.com. Retrieved 1 June 2021.
  3. ^ a b c d e Jones, Rory; Winkler, Rolfe (7 November 2019). "Saudis Back Travis Kalanick's New Startup". WSJ. Retrieved 1 June 2021.
  4. ^ Kara Swisher (8 November 2019). "Opinion | Why Do We Tolerate Saudi Money in Tech? (Published 2019)". nytimes.com. Retrieved 1 June 2021.
  5. ^ a b c Graham Rapier (7 November 2019). "Uber founder Travis Kalanick has reportedly raised $400 million for his next act from Saudi Arabia. He'll be competing directly with his old company". Business Insider. Retrieved 1 June 2021.
  6. ^ a b c d e f Meghan Morris (22 April 2021). "Travis Kalanick's stealth $5 billion startup, CloudKitchens, is Uber all over again, ruled by a 'temple of bros,' insiders say". Business Insider. Retrieved 1 June 2021.
  7. ^ "CloudKitchens Pushes Nationwide Expansion With 40+ Locations". HNGRY. 10 September 2020. Retrieved 1 June 2021.
  8. ^ a b c Winkler, Rolfe; Jones, Rory (7 November 2019). "Meet Travis Kalanick's Secret Startup, CloudKitchens". WSJ. Retrieved 1 June 2021.
  9. ^ Putzier, Konrad (20 October 2020). "Uber Founder Turns Real-Estate Mogul for Ghost Kitchen Startup". WSJ. Retrieved 1 June 2021.
  10. ^ a b c Mike Isaac; David Yaffe-Bellany (14 August 2019). "The Rise of the Virtual Restaurant". nytimes.com. Retrieved 1 June 2021.
  11. ^ Jonah Engel Bromwich (24 December 2019). "Farm to Table? More Like Ghost Kitchen to Sofa". nytimes.com. Retrieved 1 June 2021.
  12. ^ "Ousted Uber cofounder Travis Kalanick has reportedly spent $130 million on his ghost kitchen startup. Here's what it's like inside one of the secretive locations". Business Insider. 20 October 2020. Retrieved 1 June 2021.
  13. ^ "Try Otter: Integrations". tryotter.com. Retrieved 1 June 2021.
  14. ^ a b c d e f g h i j k l m n o p q r s Emilie Friedlander (30 March 2021). "The Mysterious Case of the F*cking Good Pizza". vice.com. Retrieved 1 June 2021.
  15. ^ a b c Josh Dzieza (1 June 2021). "The Great Wings Rush". The Verge. Retrieved 1 June 2021.
  16. ^ Meghan Morris; Allana Akhtar (23 April 2021). "Travis Kalanick's startup refused to change 'Happy Ending' branding for an Asian restaurant menu item, saying it wouldn't cave to woke culture, employees said". Business Insider. Retrieved 1 June 2021.
  17. ^ a b Eric Newcomer (11 March 2019). "Uber and Travis Kalanick Are in Business Again. This Time, as Competitors". Bloomberg.com. Retrieved 1 June 2021.
  18. ^ Joe Guszkowski (1 April 2021). "How a virtual brand turned a Chicago brunch spot into a bagel concept". Restaurant Business. Retrieved 1 June 2021.
  19. ^ a b Adrianne Jeffries (15 September 2020). "What Are Ghost Kitchens". themarkup.org. Retrieved 1 June 2021.

External links[]

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