Deliveroo Seeks $12 Billion Valuation

Deliveroo, backed by Amazon.com Inc., set a price range for its planned London listing with an upward valuation of $12 billion, posing a test for continued investor appetite in online food-delivery services.

In December, U.S. peer […]

By |2021-03-23T11:17:44-04:00March 23, 2021|Articles|Comments Off on Deliveroo Seeks $12 Billion Valuation

Uber Buys Postmates

Uber has agreed to acquire the food delivery start-up Postmates for $2.65 billion as it aims to expand its presence in on-demand food delivery while its core ride-hailing business struggles. The companies announced the all-stock […]

By |2020-07-07T10:05:54-04:00July 7, 2020|Articles|Comments Off on Uber Buys Postmates

Food Delivery Giants to Merge

GrubHub will merge with Europe’s Just Eat Takeaway.com to create one of the world’s largest online food delivery marketplaces, the companies announced on Wednesday. The all-stock merger deal values GrubHub shares at $75.15 a piece, […]

By |2020-06-11T10:04:01-04:00June 11, 2020|Articles|Comments Off on Food Delivery Giants to Merge