Hints and tips:
...access to customer data fiercely protected by food delivery apps — pits it against Uber, from which Kalanick was ousted as chief executive in 2017 following a string of scandals, as well as DoorDash and Grubhub...
...revealed the wholesale sharing of children’s data by gaming companies, for instance, with a plethora of unrelated third parties, ranging from advertising companies like Google to food delivery companies like Grubhub...
...Now it’s using the same online platform to push JET to sell Grubhub....
...Uber Eats has 31 per cent, while Grubhub, soon to be owned by Just Eat Takeaway pending shareholder approval, has 13 per cent. DoorDash is also increasingly delivering other types of goods....
...The entire JET group’s market capitalisation of $6.3bn is now lower than the $7.3bn it paid just for Chicago-based Grubhub. Helen Thomas says the acquisition always looked unappetising. 4....
...Just Eat Takeaway.com, whose acquisition of Grubhub is taking it into Uber’s home market of the US for the first time, has dominated online food ordering in Germany since Deliveroo withdrew from the country...
...The looming decision is likely to expose a rift within Meti between protectionists wary of selling out Japan Inc, and a strong contingent that wants the country to be more open to foreign investors....
...Again, it could pass on the fees charged by third-party delivery platforms like UberEats and Grubhub to clients. Big, well-capitalised chains have a bright future....
...It stated that in the first half of the year, Grubhub suffered an €88m impact from commission caps. Without it, Grubhub would have achieved ebitda earnings of €63m — instead, it posted a €25m loss....
...Grubhub, the meal delivery business acquired by Europe’s Just Eat Takeaway in June 2020, now accounts for just 16 per cent of the US market, having previously been the market leader....
...“ghost” kitchens, with no other physical presence, serve up food from 30 distinct restaurant brands and distribute them via the four leading food-delivery platforms: DoorDash, Uber Eats, Postmates and Grubhub...
...“We have a bunch of politicians who don’t understand what it’s like to be poor,” said Luke Gray, a gig worker for food delivery companies DoorDash, Grubhub and Instacart....
...But neither Uber or Grubhub could settle on terms that would give them comfort to navigate a thorny regulatory review....
...Coupled with the completion of its merger with US-based Grubhub, he anticipates an “acceleration” of order growth this year, even after 2020s frenzy....
...Just Eat Takeaway’s overnight acquisition of Grubhub in a $7.3bn all-stock deal is about the food fight to carve up the global online delivery market rather than much-needed consolidation in the US....
...Grubhub shareholders would own roughly a tenth of the company, sharing in Uber’s potential upside. Uber could conserve cash and avoid borrowing. How much of a premium Grubhub requires is moot....
...Grubhub’s share price rose 29 per cent on Tuesday, giving it a market value of $5.5bn....
...Grubhub, which operates in the US and in London, started Tuesday with a market capitalisation of $4.5bn....
...Uber cooks up plans to buy Grubhub and dominate food delivery Grubhub chief executive Matt Maloney had long predicted a “reckoning” in the US food delivery industry....
...It’s not just Uber Eats however, because US-based food delivery competitor Grubhub’s second-quarter results — released last week — were similar....
...About half Chipotle’s digital sales comes from third-party delivery platforms like Uber Eats or Grubhub, which charge fees of as much as 30 per cent per order....
...Just Eat Takeaway’s gluttonous $7bn acquisition of Grubhub has whetted the appetites of its US food delivery rivals for a market share fight....
...Uber-Grubhub deal would be an antitrust mouthfulLawmakers, city officials and antitrust experts are already weighing in against the idea that Uber might buy Grubhub, boosting its market share for online...
...Grubhub was eventually bought by European company Just Eat Takeaway for $7.3bn in stock....
...Postmates and Grubhub have different business models. Notably, Grubhub typically does not have its own delivery fleet and really just generates leads for restaurants....
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