Latest GrubHub Inc News and Updates
Grubhub Merges With Just Eat Takeaway in $7.3 Million Deal
Can Yelp Grow Its Share of This $23 Billion Industry?
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 Stock Surges 3% on Postmates Buyout Talks
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 Technologies Stock Moves on after GrubHub Upset
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.
Why 2020 Looks Like a Bad Omen for Uber Stock
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 Will Be Acquired by Just Eat, Uber Talks Fail
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 Stock Rebounds, Trades at a Discount Right Now
Uber Technologies (NYSE:UBER) has seen the demand for its ride-hailing service return following the pandemic-driven slump in the first quarter.
Jim Cramer Favors Uber-GrubHub Buyout: Is He Right?
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.
Why Uber Stock Could Benefit from Acquiring GrubHub
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’s Co-Founder Switches Gears after Its Stock Tumbles
Uber Technologies (NYSE:UBER) stock wrapped up March more than 6.0% lower for the year. The stock fell by about 18% in March.
3 Takeaways from Uber and DoorDash Merger Talks
The Uber and DoorDash merger talks ended without a deal. However, the companies are willing to reopening the talks.
Why GrubHub Stock Soared Yesterday
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 Loses Its License in London: What Happens Next?
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.
Should Lyft Have You Feeling as Positive as Analysts?
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 Stock: Is Analysts’ Turnaround Justified?
Uber (UBER) stock got a rating upgrade from Stifel on November 22. The company is once again gaining favor among analysts.
Xerox-HP Offer: Why Jim Cramer Remains Skeptical
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.
Yum! Brands Stock Falls, Misses Q3 Earnings Estimate
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.
Why Has GrubHub Stock Fallen 40% Today?
GrubHub (GRUB) shares have fallen almost 40% at the time of this writing. The company announced its third-quarter earnings today.
Grubhub Partners with McDonald’s for Delivery
Grubhub (GRUB) has partnered with leading fast-food chain McDonald’s (MCD). According to the press release, Grubhub will be McDonald’s delivery partner.
Why PayPal Is Eager for More Uber-Like Investments
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.
Why GrubHub Stock Tanked 8.4% on March 19
GRUB has now fallen more than 50% since hitting an all-time high of $149.35 in September 2018.
Amazon Reminds GrubHub It Still Exists
Earlier this month, Amazon (AMZN) introduced its food delivery service, Amazon Restaurants, in Richmond, Virginia.
Here Are Big Brands Helping PayPal Make Money from Venmo?
Venmo processed transactions worth $19 billion in the fourth quarter and $62 billion in 2018.
Can Square Keep Up the Pace in the Fastest-Growing Division?
Square (SQ) operates three main business divisions: Transaction, Subscription and Services, and Hardware.
18 Earnings Reports We’re Watching Closely Next Week
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 Soars on 4Q17 Results
GrubHub (GRUB) saw its stock rise 30% in February 2018.
Yelp Closes Sale of Eat24 and Bags $251.7 Million
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 Continues to Expand Its Online Food Delivery Service
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 Enters the Food Delivery Services Market
Groupon plans to partner with non-delivery restaurants to gain a competitive edge in the growing food delivery market.