Uber considers buying Grubhub, according to newspaper report

Uber considers buying Grubhub, according to newspaper report

4 years ago
Anonymous $-9GJQVHNr8

https://apnews.com/a0eca36b9d471fc1e142ccb41033d465

NEW YORK (AP) — Uber is considering acquiring Grubhub in a deal that would give the companies control over a majority of the U.S. food delivery business, according to published reports.

Ride-sharing and food delivery giant Uber Technologies Inc. approached Grubhub Inc. earlier this year with an all-stock takeover offer, The Wall Street Journal reported Tuesday, citing sources. The two companies are continuing to discuss the combination, and Uber's board will consider it in the coming days.