McDonald's is considering selling part of its digital start-up Dynamic Yield, which it bought for over $300 two years ago to boost drive-through and in-restaurant kiosk orders.
According to McDonald's franchise owners, the investment in Dynnamic Yield hasn't paid off.
Consequently, McDonald’s would return $6 million to a franchisee-backed advertising fund for running the Israel-based Dynamic Yield.
The fast-food giant had been looking to utilize artificial intelligence to personalize its digital promotions to consumers, which would vary depending on weather, time of day, and wait times.
According to Dynamic Yield's founder and CEO Liad Agmon, a partial sale of the company had been discussed from the outset, and exploring the possibility seems to be ripe.
McDonald's purchase of Dynamic Yield in 2019 was the US-based group's largest purchase in years.
Dynamic Yield, which is seen as a key element of McDonald's digital strategy, operates independently within McDonald’s and has continued to pursue and work with clients other than its owner.
According to Dynamic Yield, it works with over 350 brands and helps create “individualized experiences" for over 600 million users each month.” Among Dynamic Yield's clients are Ikea, Hallmark, Urban Outfitters, and Sephora.bus


Rio Tinto and BHP Agree to Explore Major Iron Ore Collaboration in Pilbara
Zhipu AI Launches GLM-Image Model Trained on Huawei Chips, Boosting China’s AI Self-Reliance Drive
U.S. Lawmakers Raise Alarm Over Trump Approval of Nvidia AI Chip Sales to China
Walmart International CEO Kathryn McLay to Step Down After Two and a Half Years
U.S. Transportation Board Sends Union Pacific–Norfolk Southern Merger Back for Revision
Toyota Industries Buyout Faces Resistance as Elliott Rejects Higher Offer
Boeing Reaches Tentative Labor Deal With SPEEA Workers After Spirit AeroSystems Acquisition
TSMC Shares Hit Record High as AI Chip Demand Fuels Strong Q4 Earnings
TSMC Set to Post Record Q4 Profit as AI Chip Demand Accelerates
BYD Shares Rise in Hong Kong on Reports of Battery Supply Talks With Ford
TikTok Expands AI Age-Detection Technology Across Europe Amid Rising Regulatory Pressure
Federal Judge Clears Way for Jury Trial in Elon Musk’s Fraud Lawsuit Against OpenAI and Microsoft
xAI Restricts Grok Image Editing After Sexualized AI Images Trigger Global Scrutiny
China’s AI Models Narrow the Gap With the West, Says Google DeepMind CEO
Boeing Reaches Tentative Settlement With Canadian Victim’s Family in 737 MAX Crash Lawsuits
Elon Musk Seeks $134 Billion in Lawsuit Against OpenAI and Microsoft Over Alleged Wrongful Gains
Jamie Dimon Signals Possible Five More Years as JPMorgan CEO Amid Ongoing Succession Speculation 



