FILE PHOTO: The Uber logo is displayed on a mobile phone in this picture illustration taken November 25, 2019. REUTERS/Hannah McKay/Illustration
The potential acquisition suggests that the Silicon Valley disruptor is doubling down on its fastest-growing service in a scramble to adapt to what is likely to be a long business interruption. Experts say consolidation is long overdue in the space, where demand from worried, home-bound consumers is surging.
Uber Eats’ first-quarter revenue soared more than 50% to $819 million after restaurants across the country shuttered their dining rooms to curb the spread of the novel coronavirus. Last week, Grubhub said the restaurant industry was facing enormous challenges from the COVID-19 pandemic, and vowed to use nearly all of its second-quarter profits to help drum up business for its restaurant partners.
Why do their masks only cover their mouths and noses don't?
Lol lawmakers
Hollywood is grubhub happy caching caching
Is this the same Uber billions in debt? 🤔
As they lay off 3000+ employees ... This should almost be a crime. If you're laying off employees, you shouldn't be allowed to buy out other companies
I'm surprised amazon didn't gobble them up like everybody else!
UberGrub :: yuk!
🤔🤔🤔