08 Jul Yum! to Acquire Digital Ordering Company Dragontail for $72.5 Million
Yum ! to Acquire Digital Ordering Company @Dragontail for $72.5 Million
“With Dragontail, we expect to tap into the power of AI to accelerate and further enhance our delivery technology capabilities, especially at Pizza Hut, and optimize the end-to-end food preparation process,” said Yum! CFO Chris Turner in a statement.
Dragontail’s system is in nearly 1,500 Pizza Hut stores across 10 countries. The end goal for Yum! is to scale the platform and offer it to all its brands globally over time. The fast-food conglomerate also noted that in addition to the kitchen order management system and delivery technology, it will also bring in-house Dragontail’s other “emerging technologies.”
Source- QSR Magazine
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