Waterloo startup aims to revolutionize food delivery industry

They won’t graduate until next spring, but their startup has already taken flight.

The five founders of Gooloo recently earned a spot in the University of Waterloo’s Concept $5K Finals, where they explained their business model to a panel of judges alongside nine other student teams.

“Only six per cent of food delivery orders are placed from companies, and only 26 per cent of food delivery orders are placed during weekdays,” began Yuqian Li (Actuarial Science and Statistics) in her pitch on behalf of the Gooloo team. “The great potential of weekday lunch delivery services went unexploited. That’s where Gooloo came in.”

Read the full story on the Math news site.