Less than two years after Amsterdam-based Just Eat Takeaway.com purchased Grubhub and appointed long-time executive Adam DeWitt as CEO, the company announced he is stepping down from his position and leaving the company at the end of April. Current SkipTheDishes CEO...
Grubhub received a big boost after Amazon announced it’s giving a free year of the Grubhub+ to its nearly 150 million U.S. Prime members as a new perk, affording them access to free and unlimited deliveries starting immediately. This comes less than three months after...
Following months of speculation and activist investor tumult, Amsterdam-based Just Eat Takeaway.com announced its intent to sell Grubhub or explore introducing a strategic partner less than a year after completing its $7.3 billion acquisition of the third-largest U.S....
Moody’s Investors Services, the highly visible bond credit rating business, downgraded its outlook for Grubhub while maintaining a stable outlook for the third-largest U.S. restaurant delivery provider. The ratings firm cited erosion in Grubhub’s liquidity, sustained...
It’s been a slow roll toward the finish line, but Amsterdam-based Just Eat Takeaway.com completed its acquisition of Grubhub in an all-stock transaction that represents JET’s entry into the U.S. food delivery market. Grubhub President and CFO Adam DeWitt was named...
