U.S. Startup Acquires Grubhub from Just Eat Takeaway for $650 Million
In a significant development within the food delivery industry, a U.S.-based startup has completed a deal to purchase Grubhub from Just Eat Takeaway for a reported $650 million. This acquisition marks a pivotal moment as the competitive landscape of food delivery continues to evolve, with potential implications for both companies and their customers.
Continue readingJust Eat Takeaway Faces Decline in Orders Amid Weak US Demand
In a disappointing turn of events for Just Eat Takeaway, the third-quarter results have revealed a significant drop in orders, primarily attributed to diminishing demand in the United States. The food delivery giant, known for its expansive reach across various markets, reported a decrease in order volume that has triggered concerns regarding its growth potential in one of its most crucial markets.
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