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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

Grubhub Still Faces Competitive Woes After Amazon’s Exit

Things were looking good for Grubhub coming into earnings. The restaurant food delivery service provider's shares had been recovering in the wake of Amazon.com ditching its food delivery services......»»

Category: blogSource: 247wallstJul 31st, 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

Cramer Blasts GrubHub Analysts, Questions If Anyone Was "Paying Any Attention At All"

Online food delivery company GrubHub Inc (NYSE: GRUB) enjoyed a few years of operating without competition, but its third-quarter report made clear that this is no longer the case, according t read more.....»»

Category: blogSource: benzingaNov 4th, 2019

Cramer: Amazon"s Exit From Food Delivery "Doesn"t Change Anything" For GrubHub

Amazon.com, Inc. (NASDAQ: AMZN)'s exit from the food delivery business "doesn't change anything" for industry titan GrubHub Inc (NYSE: GRUB), according to CNBC's Jim Cramer. read more.....»»

Category: blogSource: benzingaJul 22nd, 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

The Ratings Game: ‘What a lost opportunity’: Uber’s abandonment of GrubHub deal is a ‘clear negative,’ analysts say

The food-delivery landscape is getting a shakeup, but not in the way investors had been expecting over the past few weeks......»»

Category: topSource: marketwatchJun 11th, 2020

The Ratings Game: Uber’s abandonment of GrubHub deal is a ‘clear negative,’ analysts say

The food-delivery landscape is getting a shakeup, but not in the way investors had been expecting over the past few weeks......»»

Category: topSource: marketwatchJun 11th, 2020

The Ratings Game: Uber’s abandonment of GrubHub deal is a ‘clear negative,’ analysts say

The food-delivery landscape is getting a shakeup, but not in the way investors had been expecting over the past few weeks......»»

Category: topSource: marketwatchJun 11th, 2020

Just Eat Takeaway"s Grubhub grab tests expansion appetite

Just Eat Takeaway's proposed $6 billion takeover of Grubhub to create a trans-Atlantic giant that could thwart Uber's food delivery ambitions has raised concerns among some analysts about the pace of the European company's expansion......»»

Category: topSource: reutersJun 11th, 2020

GrubHub sold to Dutch food delivery company for $7.3 billion

Just Eat Takeway.com of The Netherlands is buying GrubHub Inc. for $7.3 billion. The Dutch company is buying the Chicago-based restaurant delivery company (NYSE: GRUB) in an all-stock deal " to create the world’s largest online food delivery co.....»»

Category: topSource: bizjournalsJun 10th, 2020

Report: GrubHub nears deal to be acquired by Just Eat Takeway.com

GrubHub Inc. is close to being acquired by Just Eat Takeway.com of The Netherlands. The Wall Street Journal reported Wednesday that the Dutch company was nearing completion of an all-stock deal to acquire the Chicago-based restaurant delivery company.....»»

Category: topSource: bizjournalsJun 10th, 2020

UK regulator gets more time for final ruling on Amazon"s Deliveroo deal

Britain's competition regulator has given itself two more months to make a final ruling on Amazon's purchase of a minority stake in online delivery group Deliveroo so it can take full account of representations from all interested parties......»»

Category: topSource: reutersJun 10th, 2020

U.S. Senator Klobuchar blasts Uber, Grubhub deal talks

U.S. Senator Amy Klobuchar on Sunday blasted merger talks between ride-hailing firm Uber Technologies Inc and online food delivery company Grubhub Inc , calling any deal bad for competition and consumers......»»

Category: topSource: reutersMay 17th, 2020