With 8 million lunches served in 16 cities around the world since it launched two years ago, the food delivery service MealPal has found success by cozying up to the people dishing out the food.
"You've got the challenge of an industry, the restaurant industry, that historically has really low profit margins," said Mary Biggins, MealPal's co-founder. "The average restaurant has a margin of only six percent."
That's been too tight for some Silicon Valley food-delivery startups such as Maple and Munchery to operate (both went under). Postmates struggles to find its own profit within those margins.
The difference for MealPal, Biggins said in an interview on Cheddar, was that it tied its model to restaurants' profitability from the start.
"We want every restaurant on MealPal to be able to say that MealPal is their most valuable partner," she said.
Biggins first had success with Classpass, an app that allowed users to sign up for a bunch of gym classes for an affordable fee. MealPal functions similarly, offering lunch for just $6 from some of the most popular restaurants in a city.
"You need to build something that's going to resonate with consumers, but also work for the supply side as well," she said.
For full interview, [click here](https://cheddar.com/videos/digging-into-the-world-of-apps).
Kristian Kerr, Head of Macro Strategy at LPL Financial, breaks down the firm's 2026 Mid-Year Outlook, recession risks, AI, the Fed, and what's next for markets.
Jess Inskip, Director of Investor Research at StockBrokers.com, breaks down Q2, the AI trade, Fed policy, earnings, and where investors should look next.
Quantum computing is moving from science fiction to national strategy. Infleqtion CEO Matt Kinsella explains Trump's new executive order and what it means.
Americans traveled in record numbers over July 4th despite rising costs. Skift's Sarah Kopit explains what it says about consumers, airfares, and summer travel.
The U.S. economy is being held up in part by the AI boom, but that boom could still lead to broader prosperity or inequality, says a Nobel Prize winner.
Foundation Robotics co-founder Michael LeBlanc explains how humanoid robots are moving from the lab to military and industrial missions and what comes next.
Jeff Burnstein, President of the Association for Advancing Automation (A3), discusses humanoid robots, AI, smart manufacturing, and the future of U.S. industry.