Grubhub Reports Shaky Growth Going into JET Transaction
Grubhub (NYSE: GRUB) reported strong second-quarter results and gave a few updates on the Just Eat Takeaway.com (JET) transaction. The company released the results without an earnings call as the company has chosen not to hold calls until the close of the JET...
Uber Eats Switches Bait, Goes After Postmates Instead
After ponying up an all-stock offer of $4.9 billion to acquire Grubhub back in May, multiple reports suggest Uber CEO Dara Khosrowshahi is swapping in some lighter tackle to land Postmates, the fourth largest U.S. restaurant delivery service, for a less biting $2.6...
Light Shines on ‘Partnership’ in Yum Brands-Grubhub Lawsuit
A lawsuit between Yum Brands and Grubhub shows that delivery partnerships based on big enterprise contracts can be as contentious as those at an independent single unit. In short, Yum sued Grubhub after the delivery platform raised fees and pulled out of a contract...
UPDATED: Uber Walks Away as Grubhub, Just Eat Takeaway.com Announce Deal
Uber’s rumored deal to acquire Grubhub is officially off the table, with news coming late Wednesday afternoon that Just Eat Takeaway.com has agreed to combine with Grubhub in an all-stock, $7.3 billion transaction that would create the world’s largest online food...
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