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

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

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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