Square, the mobile payments company led by Twitter co-founder Jack Dorsey, is hoping to grow in new directions by acquiring Caviar, a Bay Area startup that delivers meals from restaurants that don’t have their own couriers.

“It’s logical for them to be looking for where they can extend into adjacent businesses,” said Todd Ablowitz, president of Double Diamond Group, a consulting firm that focuses on the mobile payments industry.

Mercury News, August 4, 2014
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