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Grubhub Inc. (stylized in all caps) is an American online and mobile prepared food ordering and delivery platform based in Chicago, Illinois. Founded in 2004, it has been a subsidiary of the Dutch company Just Eat Takeaway since 2021. [2]
The settlement requires Grubhub to cease the practices and pay $25 million. The agencies sought a $140 million judgment against the company, but reduced it to what Grubhub is able to pay, they said.
On 11 June, the company announced that it would acquire, in an all-stock transaction, US-based Grubhub—valuing the deal at $7.3 billion. [28] In July 2020, the company was reported to be in talks with Prosus to sell its 33% stake, inherited from Just Eat, in Brazilian food delivery company iFood, which operates in Brazil and Colombia.
Grubhub Inc., an online food ordering and delivery platform, will pay $25 million to settle a dispute over alleged deceptive business practices with the Illinois attorney general and the Federal ...
Whilst it may not be a huge deal, we thought it was good to see that the Grubhub Inc. (NYSE:GRUB) Independent... Trade Alert: The Independent Director Of Grubhub Inc. (NYSE:GRUB), Keith Richman ...
In May 2013, Seamless announced the signing of an agreement to merge with GrubHub, creating a combined company with a higher order volume and improved regional coverage. [ 4 ] On August 9, 2013, Seamless and GrubHub completed their merger and now operate under the name GrubHub, Inc. (formerly known as GrubHub Seamless).
The District of Columbia is suing Grubhub for deceptive trade practices, alleging that the food delivery company has exploited both customers and restaurants — sometimes even under the guise of ...
In 2019, the company announced it would lay off all of its employed drivers, and move to a contract-only model, similar to Grubhub and DoorDash. [5] The move resulted in 2,300 drivers being laid off. [6] Carl Grimstad was appointed Waitr's CEO in 2020 and tasked with recovering the company after a US$291 million net loss in 2019. Despite the ...