It’s been trying times for Grubhub recently, with investors doubting its ability to withstand the fierce competition in the online food delivery business. But thanks in part to Q1 revenue gains reported on Thursday (April 25), the company was back in the good graces of...
DoorDash, the food delivery startup, is gearing up to raise about $500 million, giving the company a valuation of higher than $6 billion. The Wall Street Journal, citing a person familiar with the situation, reported that at a $6 billion valuation DoorDash is valued at...
The food delivery space keeps heating up — the latest news is that Postmates has scored a $100 million investment in advance of its initial public offering (IPO), expected with the first six months of 2019. And the coming months promise to bring more heat...
It was once the (stereotypical) realm of ambitious teenagers and refuse-to-grow-up rockers and stoners who either needed extra bucks or found it too … uh … challenging to land better jobs. These days, however, food delivery means digital technology, entrepreneurship and global acquisition activity —...
June 10, 2020
Just Eat Takeaway.com agreed on Wednesday (June 10) to buy Grubhub for $7.3 billion in a move that could result in the world’s largest online food delivery firm outside of China, with operations in 25 countries. The companies said in a statement that the merged entity will focus on popular sectors for food delivery, including […]
April 25, 2019
It’s been trying times for Grubhub recently, with investors doubting its ability to withstand the fierce competition in the online food delivery business. But thanks in part to Q1 revenue...
February 12, 2019
DoorDash, the food delivery startup, is gearing up to raise about $500 million, giving the company a valuation of higher than $6 billion. The Wall Street Journal, citing a person...
May 24, 2017
With people’s extremely busy lives and the tech industry’s push to satisfy consumer demand for instant gratification, it’s no wonder the food delivery market has proven to be successful. Just before...
