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The Wall Street Journal called it "better than expected. Early According to the San Francisco Chronicle , OpenTable "seated more than 22 million diners at restaurants worldwide" in the first quarter of Meanwhile, competitors like Urbanspoon's Rez have started to pop up. Priceline announces that Kayak will continue "independent operations" under its current management as in the OpenTable acquisition in OpenTable CEO Matthew Roberts tells All Things D that Foodspotting will continue to exist as an app and that "the more deeper integration will happen in the other direction," as in adding photos to menus on the OpenTable site or to confirmation emails.
July: OpenTable "partners" with competitor Urbanspoon's reservation service. OpenTable acquires UrbanSpoon's Rezbook reservation system, which was launched in as a more affordable option for online reservation making.
The terms of the deal are undisclosed. August: Facebook partners with OpenTable to offer reservations at 20, restaurants direct from restaurants' mobile Facebook pages. The terms of the partnership are private, but presumably OpenTable gets a windfall. December: Apple files a patent application for their very own reservation and ordering system.
Immediately OpenTable stock dips , going down by some 3. The move to purchase a company known for sophisticated mobile waitlist technology may or may not be a response to Apple's patent application. OpenTable stock is slightly up from the dip after the Apple patent reveal. OpenTable will continue to operate as an independent brand under its current management. Per a company statement: "You'll have the same real-time availability at more than 31, restaurants worldwide, the same super-convenient mobile apps and the same rewarding points program.
We will also continue to rollout our new payment product that lets you easily pay with your OpenTable mobile app without asking for the check. Cookie banner We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from.
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