Get Ready For ‘Drama’: Grubhub CEO Talks Competition, Acquisitions After Earnings Beat

For the first time in two years, nobody asked Grubhub’s CEO Matt Maloney about the competition.

It had been a favorite topic among investors and analysts in the last few years as challengers from Amazon to Uber to smaller startups like Postmates and DoorDash started delivering food and competing with the company head-to-head. But this year, the competition hasn’t been seen as a headwind in the face of the restaurant platform’s growth. “If anything, I think that there’s a significant tailwind in the industry,” Maloney told Forbes in an interview following his company’s earnings report. “If competition was really growing as fast, you would see us not hitting the targets.”

more

Leave a comment

Your email address will not be published. Required fields are marked *