Summary As Amazon partnered with Grubhub, we estimated its user growth opportunities at 62 mln users by leveraging Amazon’s massive Prime members of 160 mln. With the additional users, we expect this to provide incremental transaction volumes for Grubhub of $3.41 bln per year through 2026. In terms of market share of the food delivery …
Continue reading “Just Eat Takeaway: Amazon Partnership Could Double Grubhub’s Growth”
Amazon announced it will offer Prime members unlimited food delivery through the delivery app GrubHub. While the move will almost certainly be unprofitable in the short run given GrubHub’s financial woes, it could help Amazon capture yet another major American industry. GrubHub and other food delivery apps operate at a loss. Still, they got a predictable boost during the …
The Amazon-Grubhub alliance Grubhub, the struggling US meal-delivery business, is getting a second chance. On Wednesday, the company announced that it was teaming up with retail behemoth Amazon.com Inc., which is adding food delivery as a perk for millions of Amazon Prime members. With the deal, Prime customers can get online food takeout with no delivery fees …
Continue reading “What Amazon and Grubhub Get From a Partnership”
July 6 (Reuters) – Amazon.com Inc (AMZN.O) has secured the right to buy a 2% stake in Just Eat Takeaway.com’s (TKWY.AS) Grubhub and will offer no-fee access to the service for a year to U.S. Prime members, hoping to boost subscriptions with a renewed push into meal delivery. Announced ahead of Amazon’s July “Prime Day” marketing blitz starting Tuesday, …
Continue reading “Amazon makes Grubhub deal to give Prime members fee-free food”
Key Takeaways Amazon Prime members will receive free GrubHub+ memberships as part of a new deal with GrubHub’s parent company, JustEat Takeaway.com In exchange, Amazon will receive options to purchase between 2 and 15% of JustEat Takeaway.com, with the final figure dependent on how many new users it drives to GrubHub. The market has responded …
Continue reading “Should Amazon And GrubHub’s Deal Make DoorDash Nervous?”
Grubhub received a big boost after Amazon announced it’s giving a free year of the Grubhub+ to its nearly 150 million U.S. Prime members as a new perk, affording them access to free and unlimited deliveries starting immediately. This comes less than three months after Just Eat Takeaway.com put Grubhub up for sale after the Amsterdam-based …
Continue reading “Curious: Amazon Adds Grubhub+ for Prime Members”
Online giant Amazon will take a stake in Just Eat Takeaway’s US subsidiary Grubhub, in a deal which will also give free food deliveries for Amazon’s US customers. Starting today, Amazon Prime subscribers in the States will also get a free Grubhub+ membership for a year. It means they will not have to pay for …
Continue reading “Just Eat US subsidiary Grubhub signs deal with Amazon”
Since at least last summer, Amazon has quietly been recruiting mom-and-pop shops in rural America to join an experimental delivery program. The company is paying participating small businesses a per-package fee to deliver Amazon orders within a 10-mile radius to their neighbors’ homes in states like Nebraska, Mississippi, and Alabama. The local businesses Amazon is …
Continue reading “Amazon’s surprising new delivery partners: Rural mom-and-pop shops”
Just Eat Takeaway.com (GRUB) – Get Grubhub, Inc. Report shares slumped lower Wednesday after Amazon announced a partnership that will provide free food delivery for Prime members in the U.K. in a move that could also add pressure to rivals such as DoorDash (DASH) – Get DoorDash Report and Uber Eats (UBER) – Get Uber Technologies, Inc. Report. Amazon is offering a free year of …
Continue reading “GrubHub Stock Slides As Amazon Offers UK Prime Members Free Delivery”
Grubhub‘s (NYSE:GRUB) stock popped on Jan. 8 after The Wall Street Journal claimed that the food delivery company was mulling a potential sale. However, most of those gains faded the following day after Grubhub denied the rumors. Grubhub stated that it “unequivocally” isn’t running a sale process and that there were “currently no plans to do so.” But this isn’t the …
Continue reading “Could These 3 Companies Still Buy GrubHub?”
