Olo launches delivery app with flat 5% fee and no menu markups
Olo, led by founder and CEO Noah Glass, has launched a nationwide food-delivery app on iOS and Android featuring 250 restaurant brands at launch. Unlike Uber Eats and DoorDash, Olo charges restaurants no commission-driven markups, instead charging users a flat 5 percent service fee plus delivery charges, with menu prices matching in-store pricing. The app also omits sponsored listings, showing a streamlined list of nearby restaurants and past orders.