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...
by Nicholas Upton | Feb 27, 2020 | News, Third-Party Delivery
Grubhub announced Grubhub+, a new membership program to expand its rewards program and keep customers locked into the system. Founder and CEO Matt Maloney said it expands the company’s robust reward programs even further, a key strategy the executive team emphasized...
by Nicholas Upton | Feb 5, 2020 | Finance, Top Stories
Grubhub announced fourth-quarter results, and ultimately delivered a mixed bag, missing analyst estimates for earnings, but growing revenue slightly faster than expected. Revenues came in at $341 million, a 19 percent year-over-year increase from $288 in the fourth...
by Nicholas Upton | Jan 30, 2020 | News, Third-Party Delivery, Top Stories
Grubhub is making a move into hardware, and it’s well beyond another tablet. The company unveiled a new point of sale (POS) system dubbed Ultimate in an attempt to help restaurants become more sophisticated around takeout. It will also help ease some headaches with...