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Uber, GrubHub Analysts Dish Opinions On Reported M&A Talks: "Not Surprising"
If media reports are accurate that Uber Technologies Inc (NYSE: UBER) is in talks to acquire rival food delivery platform GrubH.....»»
GrubHub on Uber takeover rumors: "Consolidation could make sense"
GrubHub stock soared Tuesday on a report that Uber is in talks to buy the food delivery service in an all-stock deal that would merge two of the country's largest on-demand meal platforms......»»
GrubHub stock rockets 27% on report that Uber has made a takeover offer
Shares of GrubHub Inc. are up more than 27% in Tuesday morning trading after Bloomberg News reported that Uber Technologies Inc. has made an offer to acquire the food-delivery company. Share.....»»
Uber has reportedly offered to buy GrubHub as it leans on food delivery to make up for coronavirus losses (UBER, GRUB)
Reuters / Valentyn Ogirenko Uber has made an offer to buy rival delivery service GrubHub, Bloomberg and the Wall Stree.....»»
GrubHub stock rockets 24% on report that Uber has made a takeover offer
Shares of GrubHub Inc. are up more than 24% in Tuesday morning trading after Bloomberg News reported that Uber Technologies Inc. has made an offer to acquire the food-delivery comp.....»»
Uber loses $1 billion in quarter as costs grow for drivers, food delivery
Uber Technologies Inc reported a $1 billion loss on Thursday as the ride-hailing service spends heavily to build up its food delivery and freight businesses, sending revenues up 20% in its first quarterly report as a public company......»»
Uber"s Dara Khosrowshahi got into a Twitter spat with a rival food delivery CEO over plans to launch Uber Eats in Germany
Uber's announcement it will expand its f.....»»
Uber needs drivers: Record demand for ride-sharing, food delivery as vaccinations rise
Uber said total monthly bookings, including food delivery and passenger service, reached an all-time high in March. Last week, Uber announced $250 million in sign-up .....»»
Uber Spinning Off Robotic Delivery Division
After first indicating in January it planned to spin off Postmates X, the robotics division of on-demand food delivery firm Postmates, Uber Technologies (NYSE: UBER) has made it official, according to published reports. read more.....»»
Lyft beats Q4 2020 earnings expectations, reports $569.9 million in revenue amid pandemic struggles
Lyft's business has been hit harder by the pandemic than rival Uber, which has offset losses with its food-delivery business. Lyft went public in March 2019 at a price of $72 per share. Mario Tama/Getty Images Lyft on Tuesday reported $569.9 mi.....»»
DoorDash Buys Food Robotics Startup Chowbotics: Report
Third-party restaurant delivery platform DoorDash Inc. (NASDAQ: DASH) has reached an agreement to acquire the robotics startup company Chowbotics, according to The Wall Street Journal, read more.....»»
Cost Cuts, New Debt, More Competition Threaten Lyft Stock
Lyft could be in for a rough ride with new debt and declines in ridership, while rival Uber looks to food delivery to bolster its bottom line......»»
GrubHub surges 38% on report of potential takeover by Uber
Lucas Jackson/Reuters GrubHub stock spiked as much as 38% on Tuesday after Bloomberg reported Uber made a takeover offer for the food delivery company. Both firms are in negotiations and could close a deal before the end of the month, sources famili.....»»
Uber Offers To Acquire Grubhub, Creating Food-Delivery Giant
Uber Offers To Acquire Grubhub, Creating Food-Delivery Giant In a deal that wou.....»»
Food delivery apps promise to expand service to Treasure Island
Responding to pressure from Treasure Island residents and a San Francisco supervisor, UberEats and Postmates on Friday said they will add the man-made island between San Francisco and Oakland in their delivery service zones. The shelter-in-place ord.....»»
Carrefour teams up with Uber Eats for lockdown deliveries
French supermarket retailer Carrefour and Uber Eats said on Wednesday they would launch a new delivery service aimed at helping Parisians buy essential goods and food during the nationwide lockdown triggered by the coronavirus crisis......»»
France"s Carrefour teams up with Uber Eats for lockdown deliveries
French supermarket retailer Carrefour and Uber Eats announced a new delivery service on Wednesday, aimed at helping Parisians buy essential goods and food during the nationwide lockdown triggered by the coronavirus crisis......»»
Rival Meat Subscription Investor Wants To Purchase Blue Apron
Struggling Blue Apron Holdings Inc. (NYSE: APRN), a food kit delivery service, has received an offer from Tai Lopez, an investor in the meat subscription firm Farmers Box. read more.....»»
DoorDash, Postmates, Uber Eats All "Discussed Merging In Various Combinations," WSJ Says
Food delivery companies DoorDash, Postmates and Uber Technologies Inc (NYSE: UBER) all held some form of merger discussion in 2019, according to read more.....»»
Uber sells Indian food delivery arm to Ant Financial-backed Zomato
Uber has sold its online food-ordering business in India to local rival Zomato in exchange for a 9.99% stake in the startup backed by China's Ant Financial, limiting its exposure to a crowded market where it has struggled to grow......»»