General
#Dutch food-ordering company close to buying Grubhub
“#Dutch food-ordering company close to buying Grubhub”
June 10, 2020 | 12:19pm | Updated June 10, 2020 | 12:19pm
European food ordering firm Just Eat Takeaway.com said on Wednesday it was in advanced talks to buy Grubhub in an all-stock deal.
Grubhub was also approached by ride-hailing firm Uber in May for an all-stock deal. Uber, however, is now close to exiting the deal, CNBC reported on Wednesday.
Uber did not immediately respond to a request for comment.
Experts say consolidation is long overdue in the food-delivery space, where demand is surging, especially as many people stay-at-home to combat the spread of the novel coronavirus.
If you want to read more Business News articles, you can visit our General category.
if you want to watch Movies or Tv Shows go to Dizi.BuradaBiliyorum.Com for forums sites go to Forum.BuradaBiliyorum.Com