Strategy Behind Blockbuster Grubhub Deal: Don’t Deliver - News Summed Up

Strategy Behind Blockbuster Grubhub Deal: Don’t Deliver


In its $7 billion deal to buy Grubhub Inc., a Dutch food-delivery giant is betting on a strategy it has relied on for years in Europe: Let restaurants deliver their own food. Earlier this month, Just Eat Takeaway.com NV swooped in after Uber Technologies Inc.’s plan to join Grubhub with Uber Eats foundered. It comes less than a year after Amsterdam-based Takeaway.com, one of dozens of local online delivery startups that have emerged in recent years, agreed to buy London-based Just Eat for roughly $8 billion.


Source: Wall Street Journal June 27, 2020 14:03 UTC



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