The news says square may buy caviar at least 100 million dollars

The source said that square was negotiating with the group's catering platform caviar on acquisitions, and that square would buy caviar at least 100 million dollars. This April, Caviar just won a round of 13 million dollars in a round of financing.

Compared with other online ordering services, Caviar's unique feature is that restaurants that work exclusively with caviar are upscale restaurants. In addition, the catering service provided by caviar is mainly a group order, such as a team, a company or a family meal booking service.

Caviar was launched in San Francisco in 2012, with the exception of San Francisco, where caviar services were extended to other major U.S. cities, including New York, Seattle, Chicago, Boston, Washington and Uptown Manhattan.

Recently, Square is in the online ordering area for the layout. This May, Square has just launched a new application called Square Order, which allows consumers to order meals in advance on the phone, but requires consumers to go to the restaurant to get their meals. In comparison, the caviar offers a more comprehensive ordering service. If square really buys caviar, it's understandable.