Bosses at the retail titan and supermarket giant, along with managers at Albertsons and Ahold-Delhaize — which owns Stop & Shop — assessed how the food-delivery startup could augment their companies, former Amazon executive and supply-chain consultant Brittain Ladd told the Post.
"I have spoken with executives from each company and there is interest in acquiring Grubhub," Ladd told the newspaper in an email. "I believe the value of Grubhub to Walmart is that they could leverage Grubhub for delivering food and groceries." The Post reported that Grubhub put itself up for sale months ago but hasn't enticed any bids, citing a person with direct knowledge of the matter. However, Grubhub dismissed the claim in a statement to Bloomberg.
"We felt it was important to clarify that there is unequivocally no process in place to sell the company and there are currently no plans to do so," a representative told the outlet.
Everything is for sale, for the right price of course
Buy? It actually has a value?
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »