by Tom Kaiser | May 14, 2020 | Top Stories
After hiring an advisor and considering a sale of the company back in January, Grubhub, the second-largest U.S. restaurant delivery provider, is said to be in talks with Uber, which has reportedly offered to acquire the Chicago-based company in an all-stock...
by Nicholas Upton | May 14, 2020 | Finance, News, Research
New market share data gives a little insight into who’s winning during the global COVID-19 pandemic. It may come as no surprise that U.S. delivery leader DoorDash is, so far, coming out on top. In a new look at more than 190,000 transactions through April, Edison...
by Nicholas Upton | May 7, 2020 | Finance, News, Third-Party Delivery, Top Stories
Usually, earnings calls are great information but can have a canned feeling with the droll back-and-forth between management and stock analysts. The latest Grubhub call, however, shed a lot of light not only on company performance during the COVID crisis but also how...
by Nicholas Upton | Apr 30, 2020 | COVID-19, Finance, News
Delivery providers may be reporting a surge in orders as COVID-19 keeps diners at home, but the pandemic is expected to hurt more in the long term, according to a Wells Fargo financial analyst. In a research note from John Power, a senior analyst at Wells Fargo who...
by Nicholas Upton | Apr 30, 2020 | COVID-19, News, Third-Party Delivery
Sparked by a San Francisco decision to cap third-party delivery fees, several other U.S. cities are implementing or discussing their own cap-limitations in the name of helping restaurants. San Francisco Mayor London Breed said the 15-percent fee cap is “part of a...