by Tom Kaiser | Jun 16, 2021 | News, Third-Party Delivery, Top Stories
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...
by Nicholas Upton | Jun 9, 2021 | Finance, News
A year after entering a merger plan with Just Eat Takewaway.com, Grubhub is defending itself against a handful of shareholder lawsuits. In all, 14 lawsuits have hit the courts alleging various issues in the merger agreement. One suit alleges the company violated key...
by Tom Kaiser | Apr 29, 2021 | Briefs, News, Third-Party Delivery
Deliverect, a Belgian startup that integrates Uber Eats, Deliveroo, DoorDash, Just Eat Takeaway.com and other providers into restaurant point-of-sale systems, announced it has raised $65 million in a Series C funding round from DST Global Partners and Redpoint...
by Tom Kaiser | Oct 29, 2020 | Finance, News, Third-Party Delivery
A global pandemic shifting an enormous portion of restaurant orders to off-premises channels hasn’t been enough to nudge Grubhub into profitability, as the Chicago-based company reported third-quarter results showing yet another jump in order volumes, but a wider loss...
by Nicholas Upton | Oct 9, 2020 | Finance, News
The shareholders of Just Eat Takeaway.com (Just Eat) have formally approved the monster acquisition of Grubhub that would deliver the company a U.S. foothold. The shareholder vote approved much of the $6.9 billion proposal. Grubhub’s founder and CEO Matt Maloney will...