grubhub

Yum Brands, parent of fast-food giants KFC, Taco Bell and Pizza Hut, posted a smaller-than-expected drop in comparable sales and beat profit estimates Thursday, helped by strong online sales at its

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 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 …

Lookout Grubhub and Uber Eats, you’re under scrutiny by NYC lawmakers — again. The NYC Councilman behind a measure to limit the fees food delivery apps can charge restaurants during the pandemic is now demanding the city agency in charge of enforcing the law seek out violators and slap them with hefty fines. The demand …

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 …

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

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 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 …

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 …

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 …