GrubHub Inc

On June 15, European food delivery company Just Eat Takeaway and U.S.-based Grubhub announced that they’ve completed a $7.3 million merger.

Yelp’s acquisition of Nowait can be seen as another step to grow its portfolio of restaurant-oriented apps and get a larger share of digital advertising.

Uber (NYSE:UBER) stock rose 2.9% in pre-market trading at 5:59 AM ET today. There were reports that the company might acquire Postmates.

Uber stock has rallied due to strength in the food delivery business. The stock has risen 18% since the company reported its first-quarter results.

Despite the demand for online delivery services, Uber stock hasn’t shown convincing growth this year. So far, 2020 hasn’t been good for the company.

GrubHub stock rose close to 6% in extended trading on Wednesday. The company plans to merge with Just Eat Takeaway.com in an all-stock transaction.

Uber Technologies (NYSE:UBER) has seen the demand for its ride-hailing service return following the pandemic-driven slump in the first quarter.

Uber Technologies (NYSE:UBER) wants to buy GrubHub (NYSE:GRUB) to create the largest meal delivery company in the US. Jim Cramer loves the idea.

Uber controls a 20% share of the US food delivery market, while GrubHub has a 28% share of the market. GrubHub could make Uber stock more attractive.

Uber Technologies (NYSE:UBER) stock wrapped up March more than 6.0% lower for the year. The stock fell by about 18% in March.

The Uber and DoorDash merger talks ended without a deal. However, the companies are willing to reopening the talks.

Shares of leading food delivery company GrubHub (NYSE:GRUB) gained 12.6% yesterday. So, what caused shares to rise by a double-digit percentage?

Uber lost its license to operate in London on November 25. London’s transport regulator, Transport for London, cited a “pattern of failures” by the company.

Lyft’s (LYFT) and Uber’s (UBER) renewed focus on profits has turned analysts around on them despite their stocks doing poorly since their IPOs.

Uber (UBER) stock got a rating upgrade from Stifel on November 22. The company is once again gaining favor among analysts.

Last week, HP (HPQ) received a deal offer of $22 per share from Xerox Holdings (XRX). A Xerox-HP deal would consolidate the printing industry.

So far, Yum! Brands (YUM) stock has fallen 8.5% as of 12:25 PM ET today. The company reported lower-than-expected earnings for the third quarter.

GrubHub (GRUB) shares have fallen almost 40% at the time of this writing. The company announced its third-quarter earnings today.

Grubhub (GRUB) has partnered with leading fast-food chain McDonald’s (MCD). According to the press release, Grubhub will be McDonald’s delivery partner.

PayPal (PYPL) invested $500 million in the purchase of a stake in Uber (UBER) just before the company went public in May. At a recent Bloomberg conference in London, PayPal CEO Dan Schulman said that the company was open to making more strategic investments like it did in Uber.

GRUB has now fallen more than 50% since hitting an all-time high of $149.35 in September 2018.

Earlier this month, Amazon (AMZN) introduced its food delivery service, Amazon Restaurants, in Richmond, Virginia.

Venmo processed transactions worth $19 billion in the fourth quarter and $62 billion in 2018.

Square (SQ) operates three main business divisions: Transaction, Subscription and Services, and Hardware.

Last big week of earnings kicks off with not a lot to show for it in the market The week of April 30 is an exciting one in terms of earnings, and here are 18 companies we will be watching closely: Monday McDonald’s Corporation (NYSE: MCD) – before the market opens – great year last […]

GrubHub (GRUB) saw its stock rise 30% in February 2018.

A strategic partnership Yelp (YELP) has closed the previously announced sale of its food-ordering business, Eat24. It sold the business to Grubhub (GRUB), a US-based (SPY) provider of online and mobile food ordering and delivery services. The sale of Eat24 was part of a strategic partnership between Yelp and Grubhub. The partnership involves integrating Grubhub […]

Amazon (AMZN) has become a serious player in the online food delivery service. The company expanded its one-hour food delivery service to Manhattan and Dallas a few days ago.

Groupon plans to partner with non-delivery restaurants to gain a competitive edge in the growing food delivery market.