Grubhub CEO and Founder Matt Maloney said on Thursday (June 11) that it was a richer offer that drove the restaurant ordering and delivery service into the arms of European giant Just Eat Takeaway, which has agreed to pay $7.3 billion for the company. Get...
The COVID-19 pandemic isn’t enough to stop cross-border dealmaking – specifically in the food delivery services space, where critical mass is of critical importance. Consider the news that European food delivery service Just Eat Takeaway has struck a $7.3 billion deal to acquire U.S. food delivery...
Small businesses hit hard by COVID-19 shutdowns are facing thin cash reserves, and the extension of credit to those SMBs has become an increasingly crowded field. The U.S. government, banks and Big Tech have all jumped into the ring to make financing more available, with the latest pair-up involving...
It looks like a much-anticipated Uber Eats-Grubhub merger that might have changed the entire food delivery landscape won’t be coming to fruition after all. Uber is reportedly looking increasingly likely to pull out of merger talks, as antitrust concerns around the potential deal have started to spring...
To help facilitate global small and medium-sized business (SMB) trade, Morgan Goodwin has linked its EdgeCTP digital trade technology with the WU EDGE system of Western Union Business Solutions. The Scottish technology firm said SMBs receive a platform that lets them compete in international markets...
The merger between Uber Technologies Inc. and Grubhub will likely be taken off the table over antitrust concerns raised with the potential deal, sources told CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Financial fraud prevention software and cloud company NICE Actimize has unveiled a deal to acquire Guardian Analytics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Sycamore Partners, the New York private equity firm that specializes in distressed buyouts, is in preliminary talks to purchase JCPenney, sources told Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Amid ongoing discussions with Uber on a potential deal, two food delivery platforms in Europe — Delivery Hero and Just Eat Takeaway.com — have each noted interest in a merger with Grubhub, CNBC reported, citing unnamed sources. Get the Full Story Complete the form to unlock this...
