Grubhub to be acquired by Just Eat Takeaway.com
Though primarily focused on restaurants, Grubhub has broadened its presence in noncommercial in recent years.
June 11, 2020
Major third-party deliverer Grubhub is slated to be acquired by Just Eat Takeaway.com, an Amsterdam-based food-delivery entity, the companies said in a joint press release on Wednesday.
Their new combined company will be the largest web-based food-delivery enterprise outside of China, according to the release.
Grubhub, which has been primarily focused on commercial restaurants, began to have a bigger presence in the noncommercial sphere in recent years as consumers’ demand for convenient, tech-based ordering options grew. The company bought Tapingo, a food-ordering platform for college campuses, for $150 million in 2018.
During an episode of FSD’s Dig In podcast earlier this year, Indiana University Dining Executive Director Rahul Shrivastav shared how the Grubhub platform had helped his dining team pivot to a takeout-only system amid the COVID-19 pandemic.
Grubhub currently operates in nearly 4,000 U.S. cities.
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