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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 …
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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 …
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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 …
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Grubhub has received interest from at least two European companies, Delivery Hero and Just Eat Takeaway.com, as potential acquirers, CNBC reported on Friday, citing people familiar with the matter. The news sent shares of Gruhub, which owns food delivery app Seamless, up 7.4 percent, to $61.76, in afternoon trading. Ride-hailing firm Uber in May approached …
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Uber said it will make changes to its ride-hailing app and Uber Eats delivery service to support black-owned businesses. In an email to customers late Thursday, CEO Dara Khosrowshahi said Uber Eats will promote black-owned restaurants on its app, and that the service will not charge delivery fees to those restaurants “for the remainder of …
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Uber said it will make changes to its ride-hailing app and Uber Eats delivery service to support black-owned businesses. In an email to customers late Thursday, CEO Dara Khosrowshahi said Uber Eats will promote black-owned restaurants on its app, and that the service will not charge delivery fees to those restaurants “for the remainder of …
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New York City restaurants are pulling out all the stops to survive the pandemic, including launching deliveries 90 miles away to the Hamptons. Restaurants from American bistro The Smith to Michelin-starred Carbone have been making the trek to Long Island’s East End in an effort to serve customers who fled the city during the coronavirus …
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Mayor Bill de Blasio signed several bills on Tuesday that could temporarily eat into the profits of food-ordering and delivery apps like Grubhub and UberEats. Starting June 2, the commissions that food-delivery apps can charge Big Apple eateries will be capped at 20 percent — or 15 percent for delivery charges and 5 percent for …
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A Kansas restauranteur was able to make some dough placing orders at his own pizzeria through the food delivery app DoorDash, according to a report. The owner of AJ’s NY Pizzeria said he only learned that his business was on the delivery app after receiving complaints about orders, according to strategist Ranjan Roy, a friend …
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The Big Apple’s struggling restaurants are about to get some relief on food-delivery costs as hungry New Yorkers increasingly order in during the coronavirus crisis. The City Council is expected to pass emergency legislation on Wednesday that will cap the commission fees that delivery apps charge restaurants at 20 percent during any government-ordered state of …
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 …
