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THE DAILY INDEX

Technology, AI, software, security, crypto and business

MISCELLANEOUS

TLDR

WENDY’S WILL EXPERIMENT WITH DYNAMIC SURGE PRICING FOR FOOD IN 2025

Wendy's will start testing dynamic pricing and AI menu features in 2025. Dynamic pricing means that prices for food items will automatically change throughout the day depending on demand. The company will invest approximately $20 million to install digital menus capable of displaying real-time variable prices across all of its company-operated locations in the US. Dynamic pricing is a common business practice for several industries, but its application in the fast-food sector is largely untested.

WONDER, MARC LORE'S $3.5 BILLION STARTUP, HAS LAUNCHED A FOOD HALL IN WALMART

Wonder has opened its 11th location inside a Walmart in Quakertown, Pennsylvania. The company plans to open two more locations inside Walmart stores in Ledgewood and Teterboro, New Jersey. Wonder is a 'fast-fine' food startup that until last year operated high-tech food trucks. The company achieved a $3.5 billion valuation after a $350 million capital raise in 2022. Its pivot away from its curbside delivery model netted a $100 million loss.

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