Matt Maloney, the CEO of Grubhub, has a reputation for generating his fair share of news and commentary. In a new interview with The Wall Street Journal, he said his $12-billion-plus company has a plan behind its recent acquisitions of LevelUp and Tapingo. In another interesting nugget, he said Grub sees 10 times the order volume with zero delivery fees versus the typical $3 charge to consumers.
While it was a brief interview with Wall Street Journal Business Editor Jamie Heller, Maloney covered several topics of import to anyone in the restaurant and delivery ecosystems. First, when asked “Where are you making your money?” Maloney said the company is currently processing $5 billion in restaurant sales in the U.S. alone.