Uber Reportedly Angles to Gobble Up Grubhub

After hiring an advisor and considering a sale of the company back in January, Grubhub, the second-largest U.S. restaurant delivery provider, is said to be in talks with Uber, which has reportedly offered to acquire the Chicago-based company in an all-stock transaction. If the transaction goes through, the combined entity would be the largest food […]

Potential Uber Eats-Grubhub Combo Would Surpass DoorDash To Create The Largest U.S. Food Delivery App

With the coronavirus pandemic keeping consumers at home and ordering more food for delivery, ride-sharing company and Uber Eats parent Uber has reportedly made an offer for smaller rival Grubhub in a potential tie-up that would make Uber the largest U.S. food delivery platform. Grubhub shares surged 29% on Tuesday while Uber’s rose 2.4% after Bloomberg reported […]

Uber Said to Be in Talks to Acquire Grubhub

SAN FRANCISCO — Uber is in talks to acquire Grubhub, said three people with knowledge of the discussions, aiming to create one giant player in food delivery as more people turn toward those services in the coronavirus pandemic. Uber recently approached Grubhub with a potential all-stock takeover bid, said two of the people, who spoke on […]

Uber is reportedly in talks to buy Grubhub

Uber  is in talks to buy Grubhub  in an all-stock deal, The Wall Street Journal reports. According to the WSJ’s sources, Grubhub wants 2.15 Uber shares for each Grubhub share. Uber first approached Grubhhub earlier this year with an offer, but the two companies are still in talks, according to the WSJ. A Bloomberg report says the deal could be […]

Uber ponders a Grubhub takeover

Uber Technologies has made an offer to acquire Grubhub in a move that would build out its food-delivery platform even as it shutters parts of its own service abroad, according to people familiar with the matter. The companies are in talks about a deal and could reach an agreement as soon as this month, said […]

Uber is trying to buy Grubhub

Uber has made an offer to buy Grubhub, with the potential for a deal to be reached as early as this month, according to a report from Bloomberg. The offer is said to be an all-stock takeover that would see Grubhub — currently valued at $4.5 billion — be absorbed into Uber’s larger operation. Uber operates its […]

Uber Eats exits seven markets, transfers one as part of competitive retooling

Uber  Eats is pulling out of a clutch of markets — shuttering its on-demand food offering in the Czech Republic, Egypt, Honduras, Romania, Saudi Arabia, Uruguay and Ukraine. It’s also transferring its Uber Eats  business operations in the United Arab Emirates (UAE) to Careem,  its wholly owned ride-hailing subsidiary that’s mostly focused on the Middle East. “Consumers and restaurants using the Uber […]

Toronto Bakery Gets Rid of Uber Eats after Losing $6000 in One Day

As if it weren’t difficult enough to keep a brick-and-mortar store open for five weeks (and counting) amid a global pandemic during which all non-essential businesses have been ordered to close, Uber Eats has been making work even harder for local business owners. Toronto’s best-used food delivery service went down across much of the city on Friday evening, leaving food-seekers annoyed, […]

Restaurants relying on Uber Eats angry about weekend outage amid COVID-19

ORONTO — When Leemo Han transitioned his Hanmoto, Seoul Shakers and Pinky’s Ca Phe restaurants to Uber Eats delivery last week, he envisioned a steady stream of orders leaving the kitchen. Instead, Han says he had piles of hot meal orders getting cold and barely one Uber Eats driver an hour coming through the door to take them to customers. Han blames the Uber […]

DoorDash is the fastest growing meal delivery business during coronavirus lock down

DoorDash, after overtaking Grubhub 10 months ago to become the nation’s top meal deliverer, extended its lead during the current lockdown, new data show. Its revenue grew 21 percent in March compared with the previous month, according to data compiled by Second Measure, a California firm that analyzes credit-card purchases. Delivery firms make money by […]