Giftify Acquires TakeOut7 to Expand Restaurant Technology and Digital Marketing Platform

Giftify, Inc. has acquired TakeOut7, a restaurant technology company, to expand its digital commerce ecosystem. The acquisition adds comprehensive restaurant ordering and AI-powered marketing solutions to Giftify's platform. The combined platform connects over 185,000 restaurants with enhanced technology for independent operators. Giftify has issued 350,000 shares of common stock for the acquisition.

Schaumburg, IL — Giftify, Inc. (NASDAQ: GIFT), a leader in the incentives and rewards industry, has announced the strategic acquisition of TakeOut7, a restaurant technology company. The acquisition, valued at 350,000 shares of Giftify common stock, aims to expand Giftify's digital commerce ecosystem by adding comprehensive restaurant ordering and AI-powered marketing solutions. The combined platform will connect over 185,000 restaurants with enhanced technology for independent operators.

TakeOut7 operates two complementary platforms: its flagship online ordering platform, which utilizes an innovative "zero cost" business model, and its AI-powered digital marketing solution, Platr. The online ordering platform charges consumers a nominal $1.99 service fee while providing restaurants with a complete technology suite, including online ordering, kitchen integration, payment processing, and delivery coordination. The Platr platform offers marketing services such as website design, social media management, email campaigns, local search optimization, and customer satisfaction surveys.

The acquisition positions Giftify to capture opportunities in the growing $1.5 billion restaurant digital marketing market. The integrated solution addresses critical pain points for restaurant operators, with 90% expressing concern that lack of marketing hurts sales and 84% lacking time or budget for effective marketing initiatives. Ketan Thakker, Chief Executive Officer of Giftify, Inc., commented, "This strategic acquisition represents a significant expansion of our technology platform and market reach within the restaurant industry."

The acquisition brings advanced features such as integrated online ordering with real-time menu synchronization, AI-powered customer communication, comprehensive analytics and reporting dashboards, POS system integrations, multi-channel marketing campaigns, and customer loyalty programs. TakeOut7's combined platforms generate an average revenue of $2,500 per restaurant annually and are operating near break-even, with the acquisition expected to contribute positively to Giftify's financial performance immediately upon integration.

Giftify, Inc. is a pioneer in the incentive and rewards industry with a focus on retail, dining & entertainment experiences. Its platforms, CardCash.com and Restaurant.com, connect digital consumers, businesses, and communities by offering thousands of dining, retail, and entertainment deal options nationwide at over 184,000 restaurants and retailers.

References:
1. [Giftify, Inc. Acquires TakeOut7 to Expand Restaurant Technology and Digital Marketing Platform](https://www.manilatimes.net/2025/06/05/tmt-newswire/globenewswire/giftify-inc-announces-strategic-acquisition-of-takeout7-to-expand-restaurant-technology-and-digital-marketing-platform/2128161)
2. [Giftify, Inc. Acquires TakeOut7 to Expand Restaurant Technology and Digital Marketing Platform](https://www.stocktitan.net/news/GIFT/giftify-inc-announces-strategic-acquisition-of-take-out7-to-expand-seurs7o4528g.html)