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GrubHub's 4Q loss widened as it supported restaurants amid pandemic - Business Insider

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GrubHub took a hit in the fourth quarter as it worked to support restaurants affected by the pandemic

"Our priority continues to be doing everything we can to ensure a robust and vibrant restaurant ecosystem for the long-term," the Wednesday letter read."To that end,Grubhub just hired a head of corporate affairs. Here's her strategy to set it apart from rivals Uber and DoorDash.

In November, GrubHub gave $10,000 winterization grants to independent restaurants in big cities on the East Coast. The company also continued its COVID-related temporary fee caps, saying it"effectively conveyed more than $50 million to local restaurants across the country." Food delivery companies make most of their money by charging restaurants commission fees per orders for delivering food to paying customers. Many

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I did my research properly lisaMakT i must confess nobody handled business like you do I'm privileged to work with you, one of the best traders on here.

That’s not a hit, that’s good business.

nice

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