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Ritual Announces International Expansion

January 31, 2019

SAN FRANCISCO--(BUSINESS WIRE)--Jan 31, 2019--Mobile pickup app Ritual announced today it has expanded internationally into the U.K., Australia and plans for expansion into Europe. Ritual will also be in more than 40 North American cities and aims to more than triple its restaurant count by the end of 2019.

Since launching in Toronto in 2014, and in the United States in 2017, Ritual has developed a robust and scalable platform providing convenience, value and choice to both consumers and restaurants. Ritual has experienced exponential growth, first crossing over a million orders in less than two years and now processing over a million orders in under two months.

“We are proud of the progress we have made in such a short period of time. Because of our solid business fundamentals, we’re now positioned to rapidly scale our business and move into many more markets this year. We are excited to become a truly global brand,” said Ray Reddy, Co-Founder and CEO of Ritual. “We look forward to bringing the ease of use and accessibility to users as well as offer restaurants a streamlined way to service new and repeat customers all while providing the best possible experience for everyone on our platform.”

Ritual provides restaurants with turnkey mobile ordering technology, which gives consumers a convenient solution to discover, order and pick up their meals – specifically for coffee and lunch orders. Using Ritual’s social group ordering feature, Piggyback, over 100,000 teams globally connect and collaborate on lunch and coffee orders and pick up orders for busy teammates. With Piggyback, restaurants are able to leverage existing customers who pick up and bring back orders for teammates, which increases order size up to 4x due to social features, ease of use and transparent pricing structure.

Internationally, Ritual is operating in London and Sydney and some of the new North American cities launching in 2019 include Vancouver, Calgary, Ottawa, Montreal and Edmonton in Canada and Portland, San Diego, Salt Lake City, Phoenix, San Antonio, Austin, New Orleans, Oklahoma City, Detroit, Cleveland, Indianapolis, Kansas City, Milwaukee, Pittsburgh, Baltimore, Charlotte, Nashville and Miami in the United States.

To celebrate city launches nationwide, Ritual will be hosting week-long Ritual Food Festivals, the equivalent of Restaurant Week but for takeout restaurants, which allow users to sample and discover the best of their neighborhood at a special price. Ritual ran 10 food festivals at the end of 2018 and is planning on running over 100 in 2019.

About Ritual

Mobile pickup app Ritual connects restaurants with customers to offer a simple, time-saving tool to place, pay for and pick-up lunch orders for themselves and their workplace teams. Ritual currently works with more than 5,000 restaurants to serve customers in 16+ cities across North America, the U.K. and Australia. Ritual was founded in 2014 and has raised $127.5M in venture funding, with headquarters in San Francisco and Toronto. Learn more at https://ritual.co

View source version on businesswire.com:https://www.businesswire.com/news/home/20190131005159/en/

CONTACT: Sutherlandgold for Ritual

Mally Fox, 646-779-0218

ritual@sutherlandgold.com

KEYWORD: AUSTRALIA UNITED KINGDOM UNITED STATES EUROPE NORTH AMERICA CANADA AUSTRALIA/OCEANIA CALIFORNIA

INDUSTRY KEYWORD: TECHNOLOGY ONLINE RETAIL INTERNET RESTAURANT/BAR MOBILE/WIRELESS RETAIL FOOD/BEVERAGE

SOURCE: Ritual

Copyright Business Wire 2019.

PUB: 01/31/2019 09:00 AM/DISC: 01/31/2019 09:01 AM

http://www.businesswire.com/news/home/20190131005159/en

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