Grubhub is looking to merge with Just Eat Takeaway.com, one of Europe's largest food delivery companies, according to aThe new company would "become the world's largest online food delivery company outside of China," Just Eat said in its statement.
Additionally, Grubhub would receive two seats on the combined company's board and CEO Matt Maloney would be brought on to run its North America operations. A source close to the deal also told Business Insider that Uber had grown frustrated with Grubhub executives over a number of issues, including their handling of merger talks, business practices that could be seen as questionable, and concerns that the company wouldn't be able to withstand a months-long regulatory review process.
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