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Uber Bets Big on Online Grocery Delivery via Cornershop

Uber Bets Big on Online Grocery Delivery via Cornershop

by Tom Kaiser | Jul 8, 2020 | News, Third-Party Delivery

After purchasing a majority stake in Latin America’s Cornershop grocery delivery service, Uber has announced a dramatic expansion of its grocery delivery offering into select cities in Latin America, Canada and, later this month, the United States. With the promise of...
Uber Buys Postmates: Then There Were Three

Uber Buys Postmates: Then There Were Three

by Tom Kaiser | Jul 8, 2020 | News, Third-Party Delivery, Top Stories

After years of speculation about how the U.S. restaurant delivery scene will change with anticipated consolidation among the four largest third-party delivery services, the landscape has dramatically shifted with the news that Uber is in the process of buying...
Uber Eats Switches Bait, Goes After Postmates Instead

Uber Eats Switches Bait, Goes After Postmates Instead

by Tom Kaiser | Jul 2, 2020 | Research, Third-Party Delivery, Top Stories

After ponying up an all-stock offer of $4.9 billion to acquire Grubhub back in May, multiple reports suggest Uber CEO Dara Khosrowshahi is swapping in some lighter tackle to land Postmates, the fourth largest U.S. restaurant delivery service, for a less biting $2.6...
UPDATED: Uber Walks Away as Grubhub, Just Eat Takeaway.com Announce Deal

UPDATED: Uber Walks Away as Grubhub, Just Eat Takeaway.com Announce Deal

by Tom Kaiser | Jun 11, 2020 | News, Third-Party Delivery, Top Stories

Uber’s rumored deal to acquire Grubhub is officially off the table, with news coming late Wednesday afternoon that Just Eat Takeaway.com has agreed to combine with Grubhub in an all-stock, $7.3 billion transaction that would create the world’s largest online food...
Are Minor Sticking Points all that Remain in Uber/Grubhub Deal?

Are Minor Sticking Points all that Remain in Uber/Grubhub Deal?

by Nicholas Upton | Jun 4, 2020 | Finance, News

In the ongoing negotiations between Grubhub and Uber, it seems like only minor concessions remain between now and the signing table. According to Bloomberg, “people familiar with the matter” say one key negotiating point remains: What’s known as a “breakup fee.” But...
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