• NYC extends fee caps on Grubhub, Uber Eats

    NYC extends fee caps on Grubhub, Uber Eats

    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 …
  • Grubhub fights back against COVID-19 food delivery commission caps

    Grubhub fights back against COVID-19 food delivery commission caps

    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 …
  • City Council moves to extend food delivery caps on Grubhub, UberEats

    City Council moves to extend food delivery caps on Grubhub, UberEats

    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 …
  • Uber’s food delivery business doubles as ride demand crushed amid COVID-19

    Uber’s food delivery business doubles as ride demand crushed amid COVID-19

    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 …
  • Blue Apron earns $1.1M profit — but warns that it won’t last

    Blue Apron earns $1.1M profit — but warns that it won’t last

    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 …
  • DoorDash valued at $16 billion in pre-IPO funding round

    DoorDash valued at $16 billion in pre-IPO funding round

    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
  • Grubhub acquisition sets up delivery duel with Uber

    Grubhub acquisition sets up delivery duel with Uber

    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 …
  • Grubhub acquired by Dutch food-delivery company in $7.3 billion tie-up

    Grubhub acquired by Dutch food-delivery company in $7.3 billion tie-up

    Grubhub on Wednesday was acquired by Dutch food delivery giant Just Eat Takeaway.com. The companies announced in a joint press release that they would merge in a deal valued at $7.3 billion. Shares of Grubhub shot up more than 6 percent in extended trading to $62.72. The merger puts an end to weeks of speculation …
  • Dutch food-ordering company close to buying Grubhub

    Dutch food-ordering company close to buying Grubhub

    European food ordering firm Just Eat Takeaway.com said on Wednesday it was in advanced talks to buy Grubhub in an all-stock deal. Grubhub was also approached by ride-hailing firm Uber in May for an all-stock deal. Uber, however, is now close to exiting the deal, CNBC reported on Wednesday. Uber did not immediately respond to …
  • Yankees prospect TJ Sikkema working as DoorDash driver during baseball pause

    Yankees prospect TJ Sikkema working as DoorDash driver during baseball pause

    It’s not the type of fun T.J. Sikkema expected to be having this summer, but the Yankees minor leaguer is making the most out of a difficult situation. Instead of being on a field for his first full minor league season, he’s spending his time with his girlfriend helping to deliver food to those who …