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Grubhub Reports Mixed Fourth Quarter Results

Grubhub Reports Mixed Fourth Quarter Results

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...
Grubhub Unveils ‘Ultimate’ POS Hardware

Grubhub Unveils ‘Ultimate’ POS Hardware

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...
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...
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