Grubhub, the food delivery startup, saw shares tumble on Friday (April 12) due to competition from rival delivery service Uber Eats, according to reports. The stock fell 5.3 percent in afternoon trading and volume reached 5.3 million shares, which is more than 50 percent of...
Grocery delivery startup Instacart has introduced a new option for its workers, according to reports: on-demand shopping. Instacart shoppers have generally had to sign up for shopping assignments in advance, which would weed out those with unpredictable schedules and facilitate more reliable delivery. However, Instacart...
GrubHub Chief Executive Matt Maloney plans to continue investing money in the company in an effort to stand out from the crowded food delivery market. In an interview with CNBC’s Jim Cramer on “Mad Money,” Maloney said the company will continue to be aggressive with...
And now, the last mile gets a bit more crowded. News comes that, as reported in This Just In, Amazon’s shipping and logistics service is operational, at least in part. The service had been noted last year as a way for the eCommerce giant to...
Food brings people together — every grandmother worth the title reveres that wisdom. That’s only part of the story, though. A meal that’s handled badly, or doesn’t get off to the right start, increases the risk of disaster — or, at least, the risk of...
As restaurants continue to wrestle with the questions that come with food delivery — how to make enough money, whether to work with third-party operators, how to manage customer relationships — a new factor is gaining significance. Kitchens designed to handle only delivery orders are increasing in...
Delivery and pickup company Postmates has added a free group delivery option, according to reports. The service is called Postmates Party, and it lets customers have meals delivered as part of a group. The food is still delivered separately, but it goes out all...
Grubhub shares took a beating in the stock market yesterday, falling by 8 percent as a report from KeyBanc Capital Markets said the food delivery service is struggling in its high competition environment and failing to keep pace with players like UberEats and DoorDash. “Diner retention,...
The eCommerce giant Amazon has announced the launch of Amazon Day for Business, a new delivery service that enables members to choose a recurring day of the week as their delivery day. In a blog post, the Seattle, Washington online retailer said the service is...
