Food delivery giant Grubhub has acquired Tapingo, a similar sort of food ordering service that caters exclusively to students on 150 college campuses nationwide. Chicago-based Grubhub is paying $150 million to buy up the six-year-old, San Francisco-based startup that processes tens of thousands of transactions a day, according to Grubhub.
Grubhub will add about 90 employees to its payroll following the acquisition, with many of the company’s engineers staying in San Francisco. That’s actually part of what makes the deal so sweet for Grubhub