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Doordash filed to take itself public on Friday, setting the stage for a blockbuster IPO by the end of this year.
The fast-growing food-delivery giant, which in just seven years has become the
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Chipotle Mexican Grill said Wednesday it is opening a location that only accepts digital orders and has no dining area as the pandemic continues to empty restaurants.
The new facility — slated to
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The Justice Department reportedly has approved Uber’s acquisition of food-delivery app Postmates following months of scrutiny over antitrust concerns.
The deal has been on hold since it was
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The New York City Council on Thursday extended emergency legislation slashing what food delivery apps can charge Big Apple restaurants during the pandemic. Bills capping what apps like Grubhub and UberEats can charge for facilitating a takeout order or food delivery had been set to expire in September. On Thursday, the city council agreed to …
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Grubhub is launching a petition on Thursday to end food-delivery commission caps that have been imposed during the pandemic by the New York City Council, The Post has learned. The food-delivery giant, which also owns Seamless, is taking out targeted digital ads in the districts of council members who support the caps, including Speaker Corey …
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Food-delivery companies like Grubhub and UberEats can expect their margins to get squeezed in the Big Apple for a while longer, The Post has learned. City Council members are slated to meet Aug. 13 to extend emergency legislation that caps the commissions and delivery fees those companies charge restaurants. Passed in May, the strict rules …
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Uber Technologies Inc said demand for its food delivery service more than doubled in the second quarter as many users remained largely homebound, while demand for ride-hailing trips was only marginally recovering from pandemic rock bottom. The company said that despite those larger challenges it is sticking to its goal of being profitable on an …
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Blue Apron’s financials finally look appetizing — but the company warned that its surprise profit won’t last. The New York-based meal-kit maker swung to a $1.1 million profit in the second quarter — a sharp turnaround from its year-ago loss of $7.7 million — as the coronavirus pandemic kept restaurants shuttered and consumers cooking at …
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Read More: Dutch food-ordering company close to buying Grubhub NYC Council to press food deliverers like Grubhub to stop charging restaurants fees Grubhub acquired by Dutch food-delivery company in $7.3 billion tie-up Grubhub acquisition sets up delivery duel with Uber
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The cut-throat food-delivery business is turning into a gladiator fight. Wall Street cheered the acquisition of Grubhub by Dutch-based delivery giant Just Eat Takeaway.com on Thursday, sending Grubhub’s shares up by 4.7 percent while pushing shares of Grubhub’s former suitor, Uber, down 11 percent. Uber, which owns UberEats, had been in talks to buy Grubhub …