Grubhub Was Recently Acquired by the Just Eat Platform
Daniel Johnson — June 11, 2020 — Lifestyle
References: engadget
Grubhub was recently acquired by the Just Eat platform, in a deal totaling at $7.3 billion USD that is expected to close in the first financial quarter of next year,l. The two organizations will come together in what will be one of the biggest food delivery companies in the world. Grubhub and the Just Eat platform will now work to focus on a few key markets, including the United States, United Kingdome, Germany, and the Netherlands.
North American operations will now be operated by GrubHub's chief, Matt Maloney. The two organizations hope that the merger will make the company one of the few online delivery services to achieve profitability. Overall the acquisition will help Just Eat compete with other delivery services.
Image Credit: Shutterstock
North American operations will now be operated by GrubHub's chief, Matt Maloney. The two organizations hope that the merger will make the company one of the few online delivery services to achieve profitability. Overall the acquisition will help Just Eat compete with other delivery services.
Image Credit: Shutterstock
Trend Themes
1. Consolidation of Food Delivery Services - The acquisition of Grubhub by the Just Eat platform signals a trend of consolidation in the food delivery industry, as companies aim to gain a competitive edge in the market.
2. Global Expansion of Food Delivery Services - The merger between Grubhub and the Just Eat platform highlights the trend of food delivery companies expanding their operations into multiple countries, aiming to capture a larger share of the global market.
3. Focus on Achieving Profitability - The acquisition of Grubhub by the Just Eat platform reflects a trend among online delivery services to prioritize achieving profitability, as the industry evolves and matures.
Industry Implications
1. Online Food Delivery - The consolidation and global expansion of food delivery services present disruptive innovation opportunities for online platforms to improve efficiency, expand their customer base, and offer more diverse options.
2. Technology - The merger between Grubhub and the Just Eat platform highlights the role of technology in the food delivery industry, driving innovations in logistics, app development, and customer experience.
3. Hospitality - The focus on achieving profitability in the food delivery industry presents disruptive innovation opportunities for the hospitality sector to optimize delivery processes, streamline operations, and enhance customer satisfaction.
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