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Report: Grubhub Hires Advisor, Considers Sale

Report: Grubhub Hires Advisor, Considers Sale

by Tom Kaiser | Jan 9, 2020 | Third-Party Delivery, Top Stories

Here we go with the first big delivery headline of 2020: The Wall Street Journal reports that Grubhub, the second largest U.S. delivery provider, has hired a financial advisor to explore strategic options, possibly including a sale, as optimism has morphed into...
Grubhub Sums Up the Year in Delivery with Taste of 2019

Grubhub Sums Up the Year in Delivery with Taste of 2019

by Nicholas Upton | Dec 19, 2019 | News, Research, Third-Party Delivery

Amid the holiday feasting, Grubhub unveiled its annual “Year In Food” report, showing what we all feasted on throughout this year of delivery. One of the most notable highlights was the collision of the delivery trend and plant-based restaurant options. The fastest...
Uber Posts Huge Loss, Cramer Recommends Selling Eats to Grub

Uber Posts Huge Loss, Cramer Recommends Selling Eats to Grub

by Tom Kaiser | Nov 7, 2019 | Finance, Third-Party Delivery

A new week has brought yet another major financial blow to the third-party delivery landscape with Uber posting a $1.2 billion loss during the third quarter on the heels of the mobility giant’s epic $5.2 billion loss during the second quarter. Its stock price fell...
Grubhub: [Trust Us,] We’re Going to Make a lot of $$ Next Year

Grubhub: [Trust Us,] We’re Going to Make a lot of $$ Next Year

by Tom Kaiser | Oct 31, 2019 | Finance, Top Stories

Grubhub CEO Matt Maloney and President Adam DeWitt were clear the company’s third-quarter financial results were a disappointment—putting it lightly—but the execs of the one-time top U.S. delivery brand kept returning to the mantra that nobody should focus too much on...
Pressure Builds Before Grub’s Quarterly Results

Pressure Builds Before Grub’s Quarterly Results

by Tom Kaiser | Oct 24, 2019 | Finance, News, Third-Party Delivery

In the wake of WeWork’s near implosion and fresh memories of Uber’s $5.2 billion quarterly loss earlier this year, a range of business pubs are claiming that the era of growth-before-profits companies is coming to an end, including third-party restaurant delivery...
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