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Dodo Pizza

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Dodo Pizza
Native name
Додо Пицца
Company typePrivate
Industry
Founded2011; 13 years ago (2011) in Syktyvkar, Komi Republic, Russia
Founders
  • Fyodor Ovchinnikov
Headquarters
Moscow
,
Russia
Number of locations
Increase 1117
(22 August 2024)
Area served
Worldwide
Key people
Alena Tikhova[1]
(CEO)
Websitedodobrands.io
Fyodor Ovchinnikov in 2020

Dodo Pizza (Russian: Додо Пицца) is a multinational[2] pizza сhain founded in 2011 in Syktyvkar, Russia. Operating under the umbrella of QSR group Dodo Brands, the company has more than 1000 restaurants in 21 countries across Europe, Middle East, Asia and Africa.[3]

Operations

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Ovchinnikov states that the company views itself as an IT-driven retail company based on the principle of transparency.[4] Dodo Pizza uses a cloud-based system known as Dodo IS that collects and processes operations data, reports real-time business analytics, and helps kitchen and delivery staff to be more efficient by allowing for more informed decision-making.[5]

History

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In 2014, the company ran the largest crowdfunding initiative in Russia to date, raising over $2 million from 180 private investors. Dodo also made headlines from Washington to Tokyo with what it billed as the world's first commercial delivery of pizzas by drone, to customers in the central square in Syktyvkar.[6]

In September 2018, Fyodor Ovchinnikov announced that the chain would grow its IT team from 60 to 250 developers in two years,[7] and by October 2019, Dodo Pizza has doubled it.[8]

According to the chain's public Top Pizza Shop Sales Ranking, the best-performing Dodo Pizza store in Novy Urengoy, Russia netted $166,086 in sales in March 2019.[9]

In 2018, Dodo Pizza sold the franchise rights for Nigeria to Quality Foods Africa, the same group of British investors that brought Krispy Kreme to that continent's most populous country. The first 20 Dodos opened in October 2019 in Lagos.[8]

In 2019, Dodo Pizza opened a cashless pizza store in China, its “primary market of the future” along with Britain.[10] In November 2019, the company received GRLC Distinction Award for Innovation at Global Restaurant Leadership Conference in Singapore.[11]

In 2019, the company planned to add 1,000 pizza shops in Europe, Asia and Africa over the next five years and to hit $500 million in network revenue by 2021 and $1 billion by 2024.[8]

In April 2021, Ovchinnikov announced that Dodo Pizza would cease operations in China due to the company's rejection of the global business model, as well as due to difficulties encountered in the Chinese market, such as high competition, a complex consumer mentality, and an incorrectly chosen business model.[12]

In 2022, the founder of the network announced that the network would leave United Kingdom which included 5 Dodo Pizza outlets. One of the reasons for the network's problems was the economic sanctions imposed on Russia after its invasion of Ukraine, but British branches had already experienced declines in turnover.[13]

In 2023, the franchisor, DODO FRANCHISING LLC, achieved a financial result of 5.9 billion rubles (approximately 63 million US dollars) in revenue and 756.8 million rubles (8 million US dollars) in net profit. The number of establishments in accordance with the RosPatent register increased by 65 enterprises.[14]

See also

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References

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  1. ^ "Dodo Brands CEO Fyodor Ovchinnikov steps down". Caterer Middle East. 5 October 2023. Retrieved 22 August 2024.
  2. ^ Doner, Satyne (28 May 2024). "Why a Multinational Pizza Chain Partnered with ChatGPT". QSR Magazine. Retrieved 22 August 2024.
  3. ^ "Dodo Pizza's AI-Powered 'Flavor Generator' Creates a Whole New App Experience". PMQ Pizza Magazine. 28 May 2024. Retrieved 22 August 2024.
  4. ^ A.I, Kaiten (2018-06-29). "Why Dodo Pizza started using Kaiten instead of Trello & Jira tandem". Medium. Archived from the original on 2019-04-01. Retrieved 2019-03-01.
  5. ^ bighospitality.co.uk (5 April 2019). "Russian-based tech-focused pizzeria brand Dodo to come alive in Coventry". bighospitality.co.uk. Archived from the original on 2022-05-20. Retrieved 2019-04-25.
  6. ^ Shah, Khushbu (2014-06-23). "Russian Pizzeria Launches Drone Delivery Service". Eater. Archived from the original on 2022-12-09. Retrieved 2019-10-21.
  7. ^ "Big hairy goal: from 49 to 250 developers in two years". Dodo Pizza Story. 2018-09-07. Archived from the original on 2022-10-04. Retrieved 2019-04-25.
  8. ^ a b c "Russia's Pizza King Wants to Use the Cloud to Take Over the World". Bloomberg.com. 14 October 2019. Archived from the original on 2024-03-24. Retrieved 2019-10-21.
  9. ^ "What are the top pizzerias in sales?". Dodo Pizza Story. Retrieved 2019-04-25.
  10. ^ "Dodo Pizza in China: reinventing the pizza business for the world's largest market". Dodo Pizza Story. 2019-09-06. Archived from the original on 2023-03-14. Retrieved 2019-10-21.
  11. ^ "4 companies awarded the global restaurant industry's highest honor". Global Restaurant Leadership Conference. Archived from the original on 2022-12-06. Retrieved 2019-11-08.
  12. ^ "Why Dodo's leaving China". Dodo Brands. Retrieved 2024-08-03.
  13. ^ "Rosyjska Dodo Pizza znika z Wielkiej Brytanii i ma problemy w Rosji. Sieć nadal działa w Polsce". bezprawnik.pl. 5 March 2022. Archived from the original on 2022-07-07. Retrieved 2022-03-10.
  14. ^ "Франшиза Додо Пицца". www.ifran.ru. 5 May 2024. Retrieved 2024-05-05.