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DoorDash is the latest rival to threaten Grubhub's industry leadership.
In this video, Travis Hoium explains why the business is great but the stock may be too hot to handle. *Stock prices used were end-of-day prices of Feb. 12, 2025. The video was published on Feb ...
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 .
If there was ever coverage on a particular company that could be classified as almost exclusively low-hanging fruit, DoorDash (NYSE:DASH) would be it. Frankly, when you peruse the blogosphere ...
DoorDash Inc (NYSE: DASH) evolved from its 2013 roots to become the largest third-party restaurant delivery platform in the U.S. with 390,000 merchants, 1 million couriers and 18 million customers ...
In August 2021, the city of Chicago sued DoorDash and GrubHub. According to Chicago mayor Lori Lightfoot, the companies broke the law by using "unfair and deceptive tactics to take advantage of restaurants and consumers who were struggling to stay afloat during the COVID-19 pandemic." [80] DoorDash and GrubHub denied the suit's merits. [80]
In the latest GrubHub (NYSE:GRUB) news, the company's stock is taking a hit Friday afternoon due to mounting competition from other food delivery services such as Uber Eats.Source: Shutterstock ...
In April 2020, a group of New Yorkers sued Uber Eats along with DoorDash, Grubhub and Postmates, accusing them of using their market power monopolistically by only listing restaurants on their apps if the restaurant owners signed contracts which include clauses that require prices be the same for dine-in customers as for customers receiving delivery.