Uber could lose its Grubhub deal to Just Eat or Delivery Hero

Uber could lose its Grubhub deal to Just Eat or Delivery Hero

4 years ago
Anonymous $-9GJQVHNr8

https://techcrunch.com/2020/06/05/uber-could-lose-its-grubhub-deal-to-just-eat-or-delivery-hero/

According to CNBC there are two suitors rivaling Uber for purchase of U.S. food delivery company Grubhub: Just Eat Takeaway (the union of Just Eat and Takeaway) and Delivery Hero.

Both are European companies perhaps looking for a major entry to the United States market. Just Eat Takeaway is based in the U.K. and Holland, while Delivery Hero is based in Germany. They are both lavishly funded, with Just Eat Takeaway having raised around $1 billion (a combined tally for both companies that now make up the conjoined entity), according to Crunchbase data, and Delivery Hero flush with billions in historical capital from a number of sources.

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