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American Express will acquire the dining reservation and event management platform Tock from Squarespace for $400 million cash. AmEx began making acquisitions in the dining and event space with ...
Kokonas's restaurants Next, Alinea, and The Aviary served as a testing and development ground for his proprietary ticketing system called Tock. [2] Kokonas's system allows for dynamic pricing for restaurant tickets/reservations. Some of the earliest adopters include, Thomas Keller's The French Laundry and Per Se and Daniel Patterson's Coi. [2]
The company, which bought reservation app Resy in 2019, struck an all-cash deal to acquire Tock, another reservation app, previously owned by Squarespace. The latest acquisition will give Amex ...
American Express announced last week that it’s buying Tock, ... ($650 a year) receive exclusive reservations at hard-to-get restaurants and first dibs when cancellations pop up. ...
In June 2024, Amex acquired Tock, a restaurant reservation platform, further expanding its portfolio in dining reservations following its earlier acquisition of Resy. [ 142 ] [ 143 ] In January 2025, American Express announced that it will pay about $230 million to settle U.S. criminal and civil probes into alleged deceptive practices in ...
First launched in March 2020, Toast's restaurant management system operates on the Android operating system and includes four devices: Flex (a terminal available in single-screen, guest-facing and kitchen displays), Tap (a three-in-one payment processing device that supports contactless payments), Toast Hub, and receipt printer.
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