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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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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