Grubhub spurns Uber and will merge with Europe’s Just Eat Takeaway

After nearly a month of back-and-forth, Grubhub has walked away from a potential acquisition from Uber and will instead merge with European company Just Eat Takeaway. The all-stock deal is expected to close in the first quarter of 2021. Uber was looking to buy Grubhub because the combined food ordering and delivery service would have […]

Uber shares tumble 5% as reports indicate it will lose Grubhub deal to European rival

Update: Just Eats Takeaway confirmed today in a release that “it is in advanced discussions with Grubhub regarding an all-share combination of Just Eat Takeaway.com with Grubhub .” More when we have it. Reports this morning indicate that Uber,  the American ride-hailing giant with a global footprint, will lose out on its attempt to buy Grubhub, an American food ordering and delivery service. Uber […]

Uber could lose its Grubhub deal to Just Eat or Delivery Hero

According to CNBC there are two suitors rivaling Uber for purchase of U.S. food delivery company Grubhub: Just Eat Takeaway (the union of Just Eat and Takeaway) and Delivery Hero. Both are European companies perhaps looking for a major entry to the United States market. Just Eat Takeaway is based in the U.K. and Holland, while Delivery Hero  is based […]

Grubhub has two new suitors, Just Eat Takeaway and Delivery Hero, as Uber stalls

Grubhub has received interest from at least two European companies — Delivery Hero and Just Eat Takeaway.com — as potential acquirers, according to people familiar with the matter. A deal with a European buyer would likely be an easier sell to regulators. Uber’s talks with Grubhub continue and could still strike a deal to buy […]

Takeaway.com Acquires Just Eat to form Largest U.K. Delivery Firm

In a potential hint at what the U.S. delivery market might look like in a couple years, Takeaway has acquired Just Eat for $7.8 billion in an all-stock deal. Amsterdam-based Takeaway.com is at the final step before integrating operations with the U.K. operator. As of a year ago, Takeaway was the sixth-largest global operator with […]

Takeaway seals victory in $8 billion Just Eat battle

Online food ordering company Takeaway.com has won the battle for Britain’s Just Eat with a 6.2 billion pound ($8 billion) share offer that will create one of the world’s largest meal delivery companies. Takeaway said that 80.4% of Just Eat shareholders had agreed to its all-share offer, passing a 50% threshold needed to make the offer unconditional. “I am thrilled,” […]

Takeaway.com wins fierce Just Eat battle to create online food delivery giant

The fierce battle for U.K. food delivery company Just Eat JE, +1.92%   has finally come to an end after Takeaway.com TKWY, +1.62%  shareholders approved an all-share £6 billion takeover to create one of the world’s largest meal delivery companies. The Dutch-listed Takeway.com fought off a rival bid from Prosus, the Amsterdam-listed investment vehicle owned by South African tech giant Naspers NPN, +1.47%   […]

DELIVERY HERO DELIVERED 71M ORDERS IN OCTOBER OVERTAKING UBEREATS AS THE LARGEST FOOD DELIVERY PLATFORM OUTSIDE CHINA

When you’re talking about European outliers, especially in Berlin, it’s impossible to not name Delivery Hero, their meteoric rise did lots to really show what could be built here and especially in Berlin. Successes of such magnitude go a long way in creating critical mass and narrative that attracts inward investment and acts as a […]

Takeaway and Just Eat to merge in $10B deal to take on Deliveroo and Uber Eats in Europe

The food delivery wars in Europe remain hotter than a vindaloo, and that’s leading to some major consolidation: today Just Eat  and Takeaway.com,  two of the bigger take-out and delivery businesses in the region, announced they are in the “advanced stages” of a merger. The deal would help them combine forces and take on more scale to compete better […]

Just Eat makes layoffs in UK and Ireland after customer and restaurant ops merged

Just Eat, the publicly listed takeout marketplace that has faced fierce competition from UberEats and Deliveroo in recent years, has made a round of layoffs in the U.K. and Ireland, TechCrunch has learned. …Meanwhile, today’s layoff news comes a week after Just Eat announced the acquisition of City Pantry, the office catering marketplace that lets […]