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Analysts: Amazon"s Exit From Restaurant Delivery Implies Less Competition For Grubhub

E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) is terminating its U.S. restaurant delivery service June 24, which implies an easier competitive environment for food delivery companies like GrubHub I.....»»

Category: blogSource: benzingaJun 12th, 2019

Amazon to end its U.S. restaurant delivery service

A 4-year-old business that failed to take off amid fierce competition from Uber Eats, DoorDash, GrubHub and others.....»»

Category: topSource: moneycentralJun 12th, 2019

Amazon to shut restaurant delivery service in U.S

Amazon.com Inc said on Tuesday it would end its U.S. restaurant food delivery service on June 24, giving in to intense competition from GrubHub Inc, DoorDash, Uber Technologies' Uber Eats services......»»

Category: topSource: reutersJun 11th, 2019

Amazon to shut restaurant delivery service in U.S.

Amazon.com Inc said on Tuesday it would end its restaurant food delivery service in the U.S. later this month, giving in to intense competition from GrubHub Inc, DoorDash, Uber Technologies' Uber Eats services......»»

Category: topSource: reutersJun 11th, 2019

5 Simple Reasons Amazon Should Buy Grubhub

Amazon just killed off its restaurant delivery service. Why doesn’t it just replace it with the market leader instead?.....»»

Category: topSource: foxnewsJun 12th, 2019

Less competition for GrubHub amid Amazon Restaurants exit, says BofA/Merrill

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJun 12th, 2019

GrubHub pops as Amazon exits restaurant delivery in the US

GrubHub's stock is up more than 4% early Tuesday following news that Amazon is closing its restaurant-delivery program in the US......»»

Category: topSource: moneycentralJun 11th, 2019

As Amazon Exits Restaurant Deliveries, Grubhub Gets Attention Again

Being in the food delivery business has been a tough road. It seems that even the biggest and best in the country might have decided that the field is just too competitive......»»

Category: blogSource: 247wallstJun 11th, 2019

Amazon to shutdown US restaurant delivery service

Amazon is closing its U.S. restaurant delivery service, a 4-year-old business that failed to take off amid fierce competition from Uber Eats, Door Dash and others......»»

Category: topSource: foxnewsJun 11th, 2019

GrubHub stock gains after Amazon ends restaurant-delivery service

Shares of GrubHub Inc. rose 5% in morning trading Tuesday amid reports that Amazon.com Inc. is shutting down its restaurant-delivery business. "The shuttering of the platform doesn't necessarily mean that Amaz.....»»

Category: topSource: marketwatchJun 11th, 2019

Amazon exit gives GrubHub stock boost, Barron"s says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJun 15th, 2019

Amazon to end restaurant delivery this month

Amazon will reportedly cease its food delivery service on June 24.        Amazon will reportedly cease its food delivery service on June 24.       .....»»

Category: topSource: usatodayJun 11th, 2019

GrubHub, Uber Eats lead US food delivery sector as Amazon invests in UK"s Deliveroo

The five leading third-party food delivery services generated a total of $10.2 billion in U.S.-only sales in 2018......»»

Category: topSource: foxnewsMay 17th, 2019

Walmart rolls out free next-day delivery on orders over $35

Walmart will roll out new next-day delivery on orders over $35 in direct competition with Amazon's new plans for next-day shipping. CNBC's Courtney Reagan reports......»»

Category: topSource: moneycentralMay 14th, 2019

1 GrubHub Bull, 2 Neutral Analysts Review Q1 Report

Online and mobile food ordering and delivery company GrubHub Inc (NYSE: GRUB) reported Thursday afternoon with first-quarter results that, according to one bull analyst, put the.....»»

Category: blogSource: benzingaApr 26th, 2019

Uber filing lists revenue gains, struggles of food business

Uber Technologies Inc's restaurant delivery business has grown revenue to $1.5 billion in just three years, the company disclosed in its IPO filing on Thursday, dwarfing the revenue of its profitable, and already public, rival Grubhub Inc......»»

Category: topSource: reutersApr 12th, 2019

Roku Tumbles as Analysts See Competition From Apple and Amazon

Roku shares fell for a second straight session on Thursday as investors continued to fret over the risk of growing competition for the video-streaming platform, including from two of the biggest names on Wall Street......»»

Category: topSource: moneycentralApr 4th, 2019

BTIG Bullish On GrubHub, Says Company Can Quadruple Restaurant Footprint

Online and mobile food ordering and delivery company GrubHub Inc (NYSE: GRUB) could more than quadruple its existing footprint, according to BTIG. Latest .....»»

Category: blogSource: benzingaApr 3rd, 2019

Amazon Offers Free Restaurant Delivery So People Can Binge Watch Shows

Amazon.com has a new promotion. Order in and stream your favorite movies and TV shows all month. It combines two services offered by Amazon Prime......»»

Category: blogSource: 247wallstApr 3rd, 2019

GrubHub Leads The Online Restaurant And Delivery Sector, Says KeyBanc Analyst

GrubHub Inc (NYSE: GRUB) stock has gained 175 percent since the start of 20.....»»

Category: blogSource: benzingaApr 19th, 2018

Online delivery services present new challenges for local restaurateurs

All it takes is an internet connection and the swipe of a finger on an app like Grubhub or EatStreet, and a consumer can get a hot meal delivered from virtually any restaurant to their doorsteps in an hour. As more consumers spend more of their mo.....»»

Category: topSource: bizjournalsApr 16th, 2018