• Grubhub rises 7 percent on news of European suitors

    Grubhub rises 7 percent on news of European suitors

    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 …
  • De Blasio signs bill capping NYC restaurant delivery-app fees

    De Blasio signs bill capping NYC restaurant delivery-app fees

    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 …
  • NYC Council to press food deliverers like Grubhub to stop charging restaurants fees

    NYC Council to press food deliverers like Grubhub to stop charging restaurants fees

    The New York City Council wants to ban food-ordering apps like Grubhub from charging most of their usual fees to restaurants during any government-ordered state of emergency, The Post has learned. The bill seeks to prohibit food-ordering and delivery apps like Grubhub’s Seamless Web site, UberEats and Doordash from profiting from Big Apple restaurants during …