Dutch food delivery firm Just Eat Takeaway is to acquire Grubhub in an all-stock deal, the companies announced Wednesday, ending Uber’s hopes of merging with Grubhub. Just Eat said the deal valued Grubhub at $7.3 billion, a considerable premium to Grubhub’s market capitalization of a little above $5 billion although the true value of the deal will depend on where Just Eat shares trade...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
The Takeaway
The Not-Amazons: Wish, Poshmark and the Race for Retail’s Soul
To say 2020 has thrown retail shopping into upheaval would be a gross understatement. HP Inc. provided the latest reminder this week when it disclosed an 18% jump in unit sales of its consumer printers, an almost retro device that, along with e-bikes, virtual reality headsets and food delivery, people have discovered they want to have while stuck at home during the pandemic. More so than in...
Latest Briefs
Airbnb, DoorDash IPO Valuations Expected to Pass $30 Billion, $25 Billion
Zappos Founder Tony Hsieh Dies
Snowflake Shares Jump 10% Ahead of First Earnings
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories
