Weeks after being acquired by another food delivery platform, Grubhub is eliminating around 500 jobs. The company was sold last year by European firm Just Eat Takeaway to Wonder, a deal that was finalized in January. Now the two companies are working on aligning their...
After a two-year search for a buyer, Just Eat Takeaway has sold Grubhub to food delivery startup Wonder. The company announced the sale Wednesday (Nov. 13), saying Wonder would pay $650 million to purchase Grubhub. That’s far less than the $7.3 billion Just Eat paid...
DoorDash is reportedly aiming to diversify beyond meal deliveries to diners in the U.S. “The two largest areas of investment are expansion and penetration outside of the U.S., as well as the same outside of restaurants,” CEO Tony Xu said in an interview with the Financial Times (FT)...
Meal kit company HelloFresh is now in the last-mile delivery business. The company announced Tuesday (Nov. 14) that its company-managed fleet is now operating in 19 major metropolitan areas. “Operating its own fleet of nearly 500 vans allows HelloFresh to reduce transit times and leads to a better end-to-end...
March 26, 2025
With the end of the COVID-19 pandemic, return to office has become the dominant work mode. According to PYMNTS Intelligence survey data from January 2025, about 80% of employed consumers now work either in-office or in a hybrid setting and 63% of formerly remote workers are back in the office full time. It’s a stark […]
December 06, 2022
Venture capital funding has dwindled significantly following a banner year in the tech investment space. According to Thomas Cuvelier, partner at Paris-based venture investment firm Alven, the bulk of the blame lies...
April 30, 2018
The meal kit delivery industry is all about pre-packed sameness wrapped around a subscription model, with convenience as a key lure. But so are famous chef-inspired recipes, and all of...
January 09, 2018
Burp. That’s the sound of VC backing slowly away from the table of meal kits, heaped and groaning under the weight of dozens and dozens of players. Here’s why plenty...
March 02, 2025
Weeks after being acquired by another food delivery platform, Grubhub is eliminating around 500 jobs. The company was sold last year by European firm Just Eat Takeaway to Wonder, a deal that was finalized in January. Now the two companies are working on aligning their businesses, Grubhub CEO Howard Migdal said in a message to […]
November 13, 2024
After a two-year search for a buyer, Just Eat Takeaway has sold Grubhub to food delivery startup Wonder. The company announced the sale Wednesday (Nov. 13), saying Wonder would pay...
January 02, 2024
DoorDash is reportedly aiming to diversify beyond meal deliveries to diners in the U.S. “The two largest areas of investment are expansion and penetration outside of the U.S., as well as the...
June 09, 2023
Meal kit provider Blue Apron shares jumped Friday (June 9) on news of its shift to an asset-light model. The shares jumped as much as 71% in early morning trading, Seeking Alpha reported Friday....
