Grubhub is king of food delivery companies

Grubhub investors are eating After Grubhub delivered its earnings report, its stock skyrocketed 20 percent to set a new high for the company. Grubhub shocked investors, beating expectations by large margins. Revenue rose by more than 50 percent quarter-over-quarter and profit rose by over 100 percent. Plus, Grubhub continues to make strategic moves – they […]
  • Ben Norman
  • July 25, 2018
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Uber’s success in food delivery sector is a “wonderful surprise,” CEO says

As Uber’s new CEO, Dara Khosrowshahi looks to guide the company back to stability after a flurry of corporate upheaval and operational stumbling blocks. Khosrowshahi says the success of the company’s food delivery arm, UberEats, has been a “wonderful surprise,” The New York Times reports. According to the Times, Uber’s aid UberEats generates more revenue […]
  • William Van-Lear Black
  • September 25, 2017
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Amazon Looks For Shop Space in London

Amazon has been scouting London for prime central locations that could be used as Amazon Go convenience stores, according to the Sunday Times. The tech firm registered a UK trademark for the Amazon Go stores in December, suggesting it is advancing plans to bring futuristic convenience stores to Britain. The company first revealed its intention to […]
  • Anahit Moumjian
  • February 7, 2017
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Groupon Acquires OrderUp

Groupon has acquired OrderUp, a food delivery service that caters to over 40 cities and 25 states in the United States. The price of the deal was disclosed, but the six-year-old food service company, which claims to have served over 10 million people, couldn’t have come with a cheap price tag. Groupon saw a slow […]
  • Taylor Brown
  • July 20, 2015
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