GrubHub founder Matt Maloney leaves 4 months after company was acquired

Grubhub founder Matt Maloney is leaving the food-delivery giant just four months after it was acquired by a European conglomerate. Amsterdam-based Just Eat Takeaway bought Grubhub, which also owns Seamless, in June for $7.3 billion, naming a new chief executive — former president and chief financial officer Adam DeWitt — to succeed Maloney who was bumped …

Delivery wars heat up as services turn to OOH advertising

The delivery service wars — battles between DoorDash, UberEats and Grubhub — have been raging for several years as each brand jockeys for position as the leading food delivery provider. Through the COVID-19 pandemic, popularity in delivery services skyrocketed as people stayed home to avoid getting the virus. Consumers felt comfortable ordering from delivery apps …

GrubHub Stock Slides As Amazon Offers UK Prime Members Free Delivery

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 …

Walmart To Compete With Uber & DoorDash, Will Launch Delivery Service For Other Businesses

Walmart is commercializing its delivery service, using contract workers, autonomous vehicles and even drones to deliver other retailers’ products directly to customers’ homes. The Arkansas-based retailer launched delivery and Express delivery for its shoppers three years ago on more than 160,000 items from more than 3,000 stores. The nation’s largest retailer aims to tap into …

Consolidation is coming for US food delivery, unless the government stops it first

To bolster its food delivery business, Uber has been on a dealmaking spree, looking to purchase companies that would expand its offerings. In the past year, the company has made a series of food and drink delivery acquisitions including Cornershop, Drizly, and Postmates. It has also formed several partnerships, including one exclusively with ultra-fast convenience …

FOD Delivery Price Inflation Test

Whether it’s headlines, grocery store receipts or your bank account, it’s hard to avoid noticing inflation in the United States has increased, reaching a 13-year-high in July. Personal experience has shown that includes meal delivery, too, as third-party providers remain under pressure to become profitable and restaurants struggle under the weight of an 18-month-long pandemic …

Waitr: Pivoting to payments

The small third-party delivery provider has always been content to zig where larger competitors like Uber Eats and DoorDash have zagged. It is continuing to do that in earnest by expanding its business to include payment processing, executives revealed on Waitr’s second quarter earnings call Monday.  That move will be jump-started by the acquisition of three companies that process payments for merchants—ProMerchant, Cape Cod Merchant Services and Flow …

Deliveroo shares rise after German rival takes stake in the business

LONDON – Shares of food delivery firm Deliveroo climbed over 10% Monday after the company announced larger German rival Delivery Hero has taken a 5.09% stake in the business. The firm’s stock climbed from £3.36 ($4.66) per share to £3.60 per share in early deals on the London Stock Exchange Monday, reaching their highest point since trading began in …

Grubhub’s plunge to the bottom: Employees reveal how the company dominated food delivery, then nearly lost it all to Uber Eats and DoorDash

DoorDash is beating Grubhub in the delivery race. Grubhub, founded in 2004, led food delivery for years before DoorDash surged ahead. Employees say Grubhub was slow to embrace technology and adapt to the changing industry. It has plunged to last place in the meal-delivery space and was recently sold to Just Eat Takeaway. At the …

Experts say Grubhub is barreling toward a nightmare scenario — unless it doubles down on its plan to own urban delivery

Grubhub relies heavily on its marketplace. Grubhub launched in 2004 as a company that digitized paper restaurant menus. Online food ordering came next, but its delivery service didn’t officially launch until 2015. Analysts say Grubhub has failed to invest in new delivery options as the US leader, DoorDash, has. Founded 17 years ago, Grubhub should …