GrubHub

Eat 24 is an online food ordering service that allows users to order food for delivery and takeout from restaurants through their web site or suite of mobile apps.

Eat24

Seamless (formerly SeamlessWeb) is an online food ordering service that allows users to order food for delivery and takeout from restaurants through their web site or suite of mobile apps.

Seamless

Just Eat Takeaway.com NV engages in the online food delivery marketplace. The firm connects consumers and restaurants through its platform and also offers delivery services. It operates through the following geographical segments: North America, Northern Europe, United Kingdom and Ireland, and Southern Europe, and Australia and New Zealand. The North America segment includes the U.S. and Canada. The Northern Europe segment consists of Austria, Belgium, Denmark, Germany, Luxembourg, Norway, Poland, Switzerland, Slovakia, and the Netherlands. The Southern Europe and ANZ segment refers to Australia, Bulgaria, France, Israel, Italy, New Zealand, Portugal, Romania, and Spain. The company was founded by Jitse Groen and Laurens Groenendijk in 2000 and is headquartered in Amsterdam, the Netherlands.

Uber

Several senators want the Department of Justice to monitor the deal with Uber.

Potential Grubhub-Uber Deal Draws Fire Over Possible Food Delivery 'Duopoly'

Some food delivery services feature restaurants they aren't partnered with.

Here's Another Reason to Be Wary of Grubhub

Uber Technologies Inc. (NYSE: UBER) needs to be concerned about more than reaching an acceptable price in its effort to buy food delivery rival Grubhub Inc.

Will Scrutiny of Grubhub Deal Weigh on Uber Stock?

Grubhub Inc (NYSE:GRUB) has been the talk of the town owing to the fact that it is a potential acquisition target.

GrubHub: A Merger Arbitrage Play

Senate Democrats are calling on antitrust enforcers at the DOJ and FTC “to closely monitor Uber’s potential acquisition of Grubhub.”
Senate Democrats are calling on antitrust enforcers at the Department of Justice and the Federal Trade Commission “to closely monitor Uber’s potential acquisition of Grubhub.

Backlash to rumored Uber-Grubhub merger gets louder

Four Democratic lawmakers, led by Senator Amy Klobuchar, wrote to antitrust enforcers on Wednesday to warn that plans by Uber Technologies Inc, owner of Uber Eats, to buy rival online food delivery company Grubhub Inc would "raise serious competition issues" in many cities.

Four Democratic U.S. senators warn against Uber buying Grubhub

Uber’s rumored all-stock offer for Grubhub values the company at $5.7 billion. Can it afford to make a higher offer?

How Much Can Uber Actually Pay for Grubhub?

Uber is making the most of this difficult economic period. Buying Grubhub would expand Uber's lead over other rivals such as Lyft.

Acquiring Grubhub Could Be Huge for Uber Stock in the Long Term

A merger of these food delivery competitors could lower expenses and increase revenue.

Why Uber Is Willing to Pay a Premium for Grubhub

With the new normal of quarantine and stay-at-home orders creating a once-in-a-lifetime opportunity for food delivery providers, GrubHub's lackluster capitalization suggests a flawed execution.
The post Despite Proposed Buyout and Pandemic Profits, GrubHub Isn’t Reliable appeared first on InvestorPlace.

Despite Proposed Buyout and Pandemic Profits, GrubHub Isn’t Reliable

Uber Technologies Inc. (NYSE: UBER) rose 3.54% Monday after a report that the ride-sharing company would further cut costs.

Uber Stock Up as Company Cuts Costs, Continues GrubHub Talks

Uber is willing to raise its offer, but it’s unclear if it will be enough to win over Grubhub.

Grubhub Turns Down Uber’s Initial Offer, Talks Continue

GrubHub Inc. (NYSE: GRUB) has rejected the latest acquisition offer from Uber Technologies Inc.

GrubHub Rejects Uber's Latest Acquisition Proposal, But Talks Continue: Report

Uber Technologies Inc. and Grubhub Inc. continued their merger discussions over the weekend, with the companies’ chief executives trying to hash out the price of a deal that would reshape the meal-delivery business.

The Wall Street Journal: Uber’s latest bid for Grubhub rejected as merger talks continue

U.S. Senator Amy Klobuchar on Sunday blasted merger talks between ride-hailing firm Uber Technologies Inc and online food delivery company Grubhub Inc , calling any deal bad for competition and consumers.

Senator Klobuchar says Uber, Grubhub combination would be anticompetitive

If Uber and Grubhub agree to merge, they may have an easier time with regulators in Washington than they’ve had with local officials in New York — but that’s not saying much. The ride-hailing giant hasn’t yet approached antitrust officials at the Department of Justice about its prospects for getting approval to acquire Grubhub, sources.

Uber’s deal to buy GrubHub may draw sympathy at DOJ, sources say

Grubhub might want approximately $8 per share more than Uber is offering.

Grubhub and Uber May Be Haggling Over Price as Uber Sells Bonds to Raise Cash

New York City moves to cap commissions for food delivery apps.

Why Grubhub Stock Fell Today

Shortseller Jim Chanos (Trades, Portfolio) made a name for himself by being one of the first people to publicly bet against Enron in the early 2000s.

Jim Chanos Is Still Shorting Grubhub

Neither Uber nor Grubhub made any money in 2019. That's why investors shouldn't see the proposed merger as magical for Uber stock.

Uber’s Grubhub Bailout Won’t Do Anything for Uber Stock

The possibility that Uber Technologies Inc , which runs Uber Eats, could acquire Grubhub Inc  is reigniting some restaurants' worries over the commissions charged to eateries by the third-party delivery companies.

Uber offer for Grubhub fans worries over delivery fees charged to restaurants

Uber Technologies Inc.'s (NYSE: UBER) acquisition offer to GrubHub Inc. (NYSE: GRUB) values the latter at $6 billion, the Wall Street Journal reported Wednesday.

Uber Values GrubHub At $6B In Their Acquisition Deal: Report

The New York City Council voted Wednesday to cap food delivery fees by third-party services at 15% of the cost of an order during a state of emergency where restaurants can’t serve food on premises.

NYC lawmakers vote to cap food-delivery app fees at 15% during states of emergency

If the mayor signs off, delivery apps won't be able to charge restaurants more than 20 percent per order during states of emergency like the coronavirus pandemic.

New York City Council votes to cap fees charged by GrubHub, others during COVID-19

Uber Technologies Inc. UBER, +1.52% and Grubhub Inc. GRUB, -3.47% are in talks over an acquisition that would value Grubhub at roughly $6 billion, according to a report in the Wall Street Journal on Wednesday.

News for GrubHub Stock (GRUB)