The possibility that Uber Technologies Inc , which runs Uber Eats, could acquire Grubhub Inc is reigniting some restaurants' worries over the commissions charged to eateries by the third-party delivery companies.
) is reigniting some restaurants’ worries over the commissions charged to eateries by the third-party delivery companies.
Some small eateries have been vocal about their distaste for the services, which sometimes charge mom and pop restaurants - already operating on thin margins - as much as 15% to 30% commissions on each order while giving discounts breaks to marquee chains like McDonald’s Corp . In April, daily average orders via Grubhub were 20% higher than the same month last year, Maloney said.
“The big question is, what happens as all these companies are trying to reach profitability, where does it come from,” he said. Grubhub has repeatedly emphasized that it values the local restaurants that make up the vast majority of establishments on its app.
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Uber Reportedly In Talks To Acquire GrubhubI’m a San Francisco-based reporter covering breaking news at Forbes. I’ve previously reported for USA Today, Business Insider, The San Francisco Business Times and San Jose Inside. I studied journalism at Syracuse University’s S.I. Newhouse School of Public Communications and was an editor at The Daily Orange, the university’s independent student newspaper. Follow me on Twitter rachsandl or shoot me an email rsandlerforbes.com.
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Uber is reportedly in talks to buy GrubHubUber is in talks to buy GrubHub in an all-stock deal, The Wall Street Journal reports. Uber first approached GrubHub earlier this year with an offer, but the two companies are still in talks, according to the WSJ. This comes a few months after reports emerged that GrubHub was looking to sell Uber,
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Uber Approaches Grubhub With Takeover Offer(Bloomberg) -- Uber Technologies Inc. has made an offer to acquire Grubhub Inc., in a move that would build out its food-delivery platform even as it shutters parts of its own service abroad, according to people familiar with the matter.The companies are in talks about a deal and could reach an agreement
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Uber approaches Grubhub with acquisition offer: sourcesUber Technologies Inc is in negotiations to buy online food delivery company Grubhub Inc in an all-stock deal, according to people familiar with the matter.
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Uber Technologies Makes Takeover Approach to GrubhubA potential deal under discussion would unite two of the biggest players in meal delivery at a time when the coronavirus pandemic has sparked a surge in demand for their services.
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