Grubhub has jumped into the summer deals frenzy, following the lead of competitors DoorDash and Shipt, as on-demand delivery aggregators battle to capture a larger share of the seasonal market. In an effort to invigorate consumer demand during the typically slow summer months, the Just...
Food delivery platforms have reportedly seen more than $20 billion in losses since going public. As the Financial Times (FT) reported Wednesday (May 29), shares in the four biggest, publicly-traded U.S./European delivery apps — DoorDash, Delivery Hero, Just Eat Takeaway and Deliveroo — are trading...
College students aside, fewer Americans are ordering their meals from Grubhub. The food delivery platform’s parent company, Dutch firm Just Eat Takeaway, reported earnings Wednesday (April 17) showing a 6% decline in order volume across its business, and a 12% drop in orders in North America, from 74.1 million...
Delivery Hero has sold its 4.5% stake in British food ordering platform Deliveroo. The Berlin-based company announced the $97 million sale of its 68 million shares in a news release Monday (Jan. 29), with the sale expected to settle Thursday (Feb. 1). “Following settlement, the company will...
May 29, 2023
British eCommerce shoppers still show a much stronger preference for at-home delivery, as local demand for curbside and in-store pickup options — or “click and collect” — in the U.K. remains stagnant year over year. In fact, according to data from the U.K. edition of the “Global Digital Shopping Playbook” report, 86% of British consumers opted to have their […]
November 15, 2022
To say bitcoin has been volatile would be an understatement. After slumping more than 70% from its peak a year ago, it has most recently been whipsawed amid FTX’s high-profile...
August 18, 2022
Just six weeks after Grubhub announced its commercial agreement with eCommerce giant Amazon, the Chicago-based food delivery company revealed Thursday (Aug. 18) that it has partnered with multinational financial services...
July 08, 2020
It’s got Netflix series written all over it: “Grocery Delivery Wars.” Imagine drones racing through the skies, festooned with NASCAR-like logos, laden with boxes of comestibles as cohort drivers on...
November 13, 2024
After a two-year search for a buyer, Just Eat Takeaway has sold Grubhub to food delivery startup Wonder. The company announced the sale Wednesday (Nov. 13), saying Wonder would pay $650 million to purchase Grubhub. That’s far less than the $7.3 billion Just Eat paid for Grubhub in 2021. “The sale of Grubhub to Wonder […]
May 29, 2024
Food delivery platforms have reportedly seen more than $20 billion in losses since going public. As the Financial Times (FT) reported Wednesday (May 29), shares in the four biggest, publicly-traded...
April 17, 2024
College students aside, fewer Americans are ordering their meals from Grubhub. The food delivery platform’s parent company, Dutch firm Just Eat Takeaway, reported earnings Wednesday (April 17) showing a 6% decline in...
January 30, 2024
Delivery Hero has sold its 4.5% stake in British food ordering platform Deliveroo. The Berlin-based company announced the $97 million sale of its 68 million shares in a news release Monday (Jan....
