New York City Looking Into Grubhub Charges

Details are few, but multiple reports suggest the New York City Council is looking into fees charged to restaurants by Grubhub and other delivery providers. First reported by the New York Post, a hearing is scheduled by the city council’s Committee on Small Business...
Grubhub Nabs $400 Million Infusion

Grubhub Nabs $400 Million Infusion

It’s been a rough eight months for Grubhub’s stock price, but the company is celebrating good news in the form of $400 million in new financing through a private offering. According to the company’s press release, $340 million of that cash pile will be used to repay...