RDE Inc (OTCMKTS:RSTN)’s Restaurant.com Ties up with SWIPEBY to Offer Virtual Drive-Thru to Consumers

RDE Inc (OTCMKTS:RSTN), the owner and operator of Restaurant.com, the nation’s largest restaurant-focused digital deals brand, has announced a collaboration to incorporate SWIPEBY, a technology platform for curbside pick-up and delivery, into the Restaurant.com solution.

Trading Data

On Wednesday, RSTN stock fell 1% to $1.48 with more than 11.9K shares, compared to its average volume of 12K shares. The stock moved within a range of $1.4850 – 1.5200 after opening trade at $1.52.

RDE, Inc.’s Restaurant.com Partners with SWIPEBY to Offer Virtual Drive-Thru to its Platform

SWIPEBY is a turnkey platform that makes online ordering, as well as curbside pick-up and delivery, all the more convenient. It also sends out customizable geo-fenced arrival notifications so that your customers and staff have the best experience. It is a cost-effective, easy-to-use application for brick-and-mortar businesses to offer virtual drive-thru for their customers.

SWIPEBY caters to restaurants, ghost kitchens, c-stores, liquor stores, retailers and venues. Carl Turner, SWIPEBY’s CEO and founder, comments that Restaurant.com has developed a robust platform that provides all means to local restaurants across the nation to attract and retain customers. It is the ideal fit for SWIPEBY’s easy online ordering, delivery, pick-up, re-marketing, and geo-fenced arrival notifications featuring customized messaging.

Ketan Thakker, Chief Executive Officer of RDE, Inc., states that this partnership enables them to  further extend platform capabilities and provide their restaurants with additional tools to engage and service consumers. SWIPEBY makes the dining experience easy and enjoyable for busy diners, while enabling restaurants to connect to additional revenue and a customer base that they might have otherwise missed.

Key Quote

Ketan Thakker, Chief Executive Officer of RDE, Inc., commented, “This partnership enables us to further extend our platform capabilities and provide our restaurants additional tools to engage and service our consumers. SWIPEBY makes the dining experience as easy and enjoyable as possible connecting busy diners for easy takeout from restaurants. SWIPEBY enables restaurants to connect to additional revenue and a customer base that they might have otherwise missed, huge value-add that our restaurants desire.”

Technical Data

RSTN stock is trading above the 20-Day and 50-Day Moving averages of $1.13 and $0.77 respectively. Moreover, the stock is trading above the 50-Day moving average of $1.45.