Grubhub Inc. (stylized in all caps ) is an American online and mobile prepared food ordering and delivery platform based in Chicago, Illinois .
71-536: Founded in 2004, it has been a subsidiary of the Dutch company Just Eat Takeaway since 2021. In 2024, Wonder Group Inc. bought Grubhub from Just Eat Takeaway for $ 650 million. The transaction is expected to complete in the first quarter of 2025. Grubhub has been criticized for antitrust price manipulation, listing restaurants without permission, and allegedly misclassifying workers. Grubhub Seamless went public in April 2014 and
142-539: A series B -round led by Macquarie Capital and Prime Ventures in 2014. It also launched its new logo in all of their countries. It then raised €328 million ( US$ 363.06 million) from an IPO , valuing the company at €993 million ( US$ 1.1 billion), in 2016. In August that year, it stopped doing business in the UK, selling its customer portfolio to rival Just Eat . In 2017, Pizza.be rebranded to Takeaway.com in Belgium. In 2018,
213-550: A subsidiary of Takeaway.com on 3 February 2020, the British Competition and Markets Authority ordered on the following day that no integration should take place and that the brands should be kept separate until their investigation is completed. On 22 April 2020, the Competition and Markets Authority announced that it was unconditionally approving Just Eat's merger with Takeaway.com, following an investigation. On 11 June,
284-525: A hostile takeover bid by coordinating a management buyout. ARA Services changed its name again to its present name, Aramark, in 1994. In 2001, Aramark returned to the New York Stock Exchange as a public company under the RMK ticker. In 2006, a group of investors led by Neubauer (and including CCMP Capital , Goldman Sachs Capital Partners , Thomas H. Lee Partners , and Warburg Pincus ) proposed
355-460: A monthly fee. In 2021, the company announced a partnership with Yandex to add Yandex delivery robots to the Grubhub platform for food deliveries in colleges. On May 12, 2020, Uber announced that it was approaching Grubhub with a takeover offer. However, on June 9, 2020, Just Eat Takeaway announced it would be purchasing Grubhub for $ 7.3 billion in an all-stock deal. The acquisition would create
426-720: A mother of three from Zimbabwe was refused a slice of bread for her sick child. Soon after, the Union of Students in Ireland (USI) voted to support a boycott of Aramark over its direct provision links, following on from the 'Aramark off our campus' campaigns at Trinity College Dublin (TCD), University College Dublin (UCD), and the University of Limerick . Delaware North provided visitor services to Yosemite National Park from 1991 to 2015. In 2015 Aramark took over these services and Delaware North then sued, saying that they (Delaware North) owned
497-513: A political screed after the Nov. 8 election and said that those who disagree with its anti-Trump views should resign." After a Twitter boycott campaign was initiated, Maloney later claimed his words were "misconstrued", adding "I want to clarify that I did not ask for anyone to resign if they voted for Trump. I would never make such a demand. On the contrary, the message of the email is that we do not tolerate discriminatory activity or hateful commentary in
568-553: A reported $ 390 million cash. Tapingo , a San Francisco–based platform for campus food ordering was acquired by Grubhub in November 2018. In March 2019, Grubhub took over SkipTheDishes ' operations in the United States after SkipTheDishes announced its exit from the U.S. market. By mid-2020, in the middle of the coronavirus pandemic where demand for services delivering food from restaurants and takeaways surged, Grubhub announced it
639-592: A restaurant delivery service in seven markets across the Pacific Northwest and Southwest, including Denver, Las Vegas, San Diego, Portland, El Paso, and Albuquerque. LAbite, a Los Angeles–based restaurant delivery service, was acquired by Grubhub in May 2016. In August 2017, Grubhub agreed to acquire Eat24 from Yelp for $ 287.5 million, subject to regulatory review. In October 2017, Grubhub announced that it had completed its acquisition of Eat24. In late 2018 Grubhub shut down
710-555: A series of plant-based culinary trainings over a six-month period. In May 2012, Aramark announced that its board of directors had elected Eric J. Foss as CEO and that Neubauer would remain the company's Chairman. In December 2014, Joseph Neubauer announced his retirement and Foss was elected as the company's next chairman. Foss remained as CEO until his retirement in August 2019; he was succeeded by John Zillmer in October that same year. Between
781-501: A similar situation and the case is ongoing. On November 10, 2016, after the victory of President Donald Trump in the general election, Grubhub President and CEO Matt Maloney sent a company-wide memo to employees saying that he rejected the "nationalist, anti-immigrant and hateful politics of Donald Trump" and "If you do not agree with this statement then please reply to this email with your resignation because you have no place here." The Washington Times reported that Maloney "unleashed
SECTION 10
#1732894837714852-525: A state review found it did not properly reflect projected costs. Aramark's contract was renewed. The head of the union said Aramark “continues to violate their contract every day with food shortages, health and safety violations, bad employee conduct, low food quality.” As of late 2015, the union was pursuing arbitration against the state over this contract. In 2014, Aramark was issued two fines totaling $ 272,200 for contract violations. The state offered to credit money spent on additional employee training towards
923-423: A web-based system for ordering food from restaurants and caterers. Six years later, in 2005, SeamlessWeb introduced a free ordering service to consumer diners to complement the existing corporate-ordering service. In April 2006, SeamlessWeb was acquired by Aramark and integrated into its Food, Hospitalities, and Facilities segment. Jonathan Zabusky was named president of Seamless in 2009, and by June 2011, Seamless
994-509: A week but do not receive overtime rates for their work. According to the Grubhub contractor lawsuit, the company violated several FLSA and Illinois laws by failing to pay overtime and failing to pay minimum wage. The plaintiffs filed their class-action Grubhub contractor lawsuit on June 29, 2018, in the U.S. District Court for the Northern District of Illinois. Broderick and Carmen filed the lawsuit on behalf of themselves and all others in
1065-499: A year later in 1960. In 1968, ARA provided services at the Mexico City Olympic Games , the first of 16 Games they have serviced, including Athens in 2004 and Beijing in 2008 . In 1969, ARA amended its name and became known as ARA Services, intended to reflect its growing range of businesses. In 1983, Joseph Neubauer was elected CEO of ARA Services, and a year later, Neubauer led a group of executives to fend off
1136-441: A year. The partnership allows Amazon to take a 2% stake in the company with the option to acquire up to 15% based on performance. In May 2024, Amazon announced that Grubhub+ would become permanently included with Amazon Prime memberships. Throughout 2020, Grubhub released a series of animated television commercials of people ordering food on the app. In January 2021, one of these commercials, called "Delivery Dance", became popular on
1207-610: Is an American food service and facilities services provider to clients in areas including education, prisons, healthcare, business, and leisure. It operates in North America (United States and Canada) and an additional 14 countries, including the United Kingdom, Germany, Chile, Ireland, and Spain. The company is headquartered in Center City, Philadelphia , Pennsylvania . Aramark's revenues totaled US $ 18.854 billion in 2023, and
1278-511: Is complete, sometimes for a matter of years. Activists have called for boycotting Aramark for profiting off the direct provision system, as well as the alleged mistreatment of asylum seekers in Aramark-run centres. In 2014, asylum seekers in County Meath launched a hunger strike over the "unacceptable living standards" in the Aramark-run centre. In 2018, Aramark was forced to apologise after
1349-633: Is to clean the schools, so our principals and teachers can focus on their fundamental responsibility: education. They will either live up to that contract and clean up the schools or they can clean out their desks and get out." Aramark was hired for $ 2.65 million per year to provide janitorial services on 28 schools and three administration buildings by the Wichita Falls Independent School District in 2015. The district cancelled Aramark's contract and hired another firm because of numerous complaints about bad service. A report issued by
1420-629: The Arrowhead Pond and Edison International Field in Anaheim. Aramark followed this with a 2004 acquisition of a 90% stake in Campbell Catering, an Irish firm. Two years later, Aramark acquired Seamless (today a subsidiary of Grubhub ), though it sold its stake in 2012. The company then acquired Van Houtte USA from Green Mountain Coffee Roasters (today part of Keurig Dr Pepper ) in 2011, and
1491-515: The Lawson vs. Grubhub court case. In a 2017 lawsuit, attorney Shannon Liss-Riordan said that the company re-labels words, using euphemisms like "blocks" instead of "shifts", to justify deliberate misclassification of drivers as contractors. The Wallace v. Grubhub Holdings contractor lawsuit alleges that Carmen Wallace and Broderick Bryant and other drivers were misclassified as independent contractors and Grubhub defied wage-and-hour requirements under
SECTION 20
#17328948377141562-547: The South Philadelphia Sports Complex initiated a four day strike, seeking a better contract. Major grievances included low wages, lack of healthcare coverage and the separate counting of hours worked at different facilities to avoid full-time classification and benefits. Workers asked fans to continue boycotting the concessions stands and buying team merchandise online. In 2013, an investigation by Pulitzer Prize–winning journalist Chris Hedges discovered that
1633-638: The commission for using the platform was increased from 12% to 13%. The same year, Takeaway.com acquired Israeli food delivery company 10bis ( Hebrew : תן ביס ) for €135 million ( US$ 149.43 million), as well as local Bulgarian startup BGmenu.com, including its Romanian subsidiary Oliviera.ro; and in 2019 it acquired Lieferheld, Pizza.de, and Foodora in Germany from Delivery Hero . In July 2019, Takeaway.com announced proposals to take over Just Eat . In January 2020, 80.4% of Just Eat shareholders approved Takeaway.com's acquisition deal. Although Just Eat became
1704-666: The group purchasing organization HPSI. In 2017, Aramark acquired the group purchasing organization Avendra. In 2022, Aramark was repeatedly ordered to repair extensive documented, “extensive deterioration and rot of railings” but in June 2023, “a guest fell from the porch of the Clark building of the Wawona Hotel after the railing failed when leaned on,” according to a National Park Service report. Three days before FY2018 management bonus payouts were to be paid, an internal communication told
1775-499: The Eat24 brand. Certain assets were acquired from 11 franchisee-owned OrderUp markets in September 2018. Certain assets from 27 OrderUp markets had already been acquired in 2017. GrubHub completed its acquisition of OrderUp in October 2018. LevelUp , a Boston-based diner engagement and payment solutions platform was acquired by Grubhub in September 2018. The acquisition of LevelUp was for
1846-681: The Fair Labor Standards Act, the Illinois Minimum Wage Law, and the California Labor Code. The plaintiffs in Wallace v. Grubhub claim that the work of these drivers makes them employees rather than independent contractors. Wallace and Bryant argue that drivers work on scheduled shifts, and must work in a certain area. "The drivers as a general matter cannot engage in personal non-work activities during their GrubHub shifts,"
1917-673: The Irish firm Avoca Handweavers in 2015. Aramark additionally gained traction in the press for its innovations starting in 2009. In July of that year, Aramark and the Colorado Rockies opened what is believed to be the first gluten-free concession stand in major league baseball . By 2010, Aramark made gluten-free foods available at all 12 of its major league baseball accounts. Aramark partnered with The Humane Society in August 2017 as part of their initiative to increase plant-based food offerings for consumers. The training partnership includes
1988-633: The Ohio Reformatory for Women and Trumbull Correctional Institute. Aramark, however, was cleared by the Michigan Department of Corrections of any responsibility for inmate illness and for pests in Michigan. Ohio and Michigan fined Aramark $ 270,000 and $ 200,000 respectively. In April 2015, the managing board of The Cavalier Daily , a student-run newspaper at the University of Virginia , reported that Aramark literally "served garbage" to inmates in
2059-555: The Saginaw Correctional Facility in Freeland , Michigan. It also noted that Aramark has in the past "underfed inmates and fed them dog food, worms and scraps of food from old meals" and argued that the university should reconsider its relationship with the food services contractor in light of these ethical issues. Michigan's oversight of Aramark's performance was criticized as inadequate in a report released in August 2015 by
2130-589: The United Kingdom's Competition and Markets Authority on 22 April 2020, Takeaway.com merged with UK-based food delivery service Just Eat, in February 2020, with Takeaway.com acquiring all of Just Eat's shares in issue. It is listed on Euronext Amsterdam , as well as the London Stock Exchange . In November 2024, the company announced it would be delisting from the London Stock Exchange. Takeaway.com
2201-968: The United States at restaurants using the defendants' delivery apps. The case is filed in the federal U.S. District Court, Southern District of New York as Davitashvili v GrubHub Inc. , 20-cv-3000. Although a number of preliminary documents in the case have now been filed, a trial date has not yet been set. In October 2020, a group of restaurants launched a class-action suit against Grubhub for having included them in its listings without having asked permission (or, in some cases, despite permission having been denied), because this caused "damage to (the restaurants') reputations, loss of control over their customers’ dining experiences, loss of control over their online presence, and reduced consumer demand for their services"; plaintiffs specifically cited that Grubhub would list obsolete menus with invalid prices and/or unavailable options (leading to customer complaints) and that Grubhub refused to delist restaurants upon request. This practice
Grubhub - Misplaced Pages Continue
2272-765: The Wichita Falls-Wichita County Public Health District determined that one high school was infested with rats and mice. Janet Powell, the district's director of support services said, "Everyone on the committee felt lied to and deceived (by Aramark)." Since 2013, numerous Aramark employees providing food services in Ohio prisons have been fired or otherwise disciplined for inappropriate behavior towards prisoners such as sexual relations, letter writing, and smuggling contraband. At least 204 Aramark employees have been banned from entering Ohio prisons for such violations. On December 1, 2015, inmates working in
2343-566: The acquisition of AllMenus that month. MenuPages was acquired by Seamless in September 2011. DiningIn, an online ordering and food delivery company based in Brighton, Massachusetts , was acquired by Grubhub in February 2015. Restaurants on the Run, a corporate food delivery company based in Aliso Viejo, California , was acquired by Grubhub in February 2015. In December 2015, Grubhub acquired Delivered Dish,
2414-759: The acquisition of all outstanding shares of the Aramark Corporation, which was approved by shareholders. The merger was completed in 2007. Since the 2000s after its renaming, Aramark has increased its frequency of acquisitions, mostly in the US and Ireland. Its first was in 2000, Aramark purchased the concessions arm of the Ogden Corporation for $ 225 million in cash and $ 11 million in assumed debt, expanding its business to locations that included several major sports league venues, such as Staples Center in Los Angeles, and
2485-576: The business plan for Grubhub. In November 2007, Grubhub secured $ 1.1 million in Series A funding, led by Amicus Capital and Origin Ventures for the purpose of expanding into San Francisco and New York markets. In March 2009, Grubhub earned $ 2 million in Series B funding, led by Origin Ventures and Leo Capital, which was followed by $ 11 million in Series C funding, led by Benchmark Capital in November 2010. In March 2011 $ 20 million in Series D funding raise
2556-554: The company announced that it would acquire, in an all-stock transaction, US-based Grubhub —valuing the deal at $ 7.3 billion. In July 2020, the company was reported to be in talks with Prosus to sell its 33% stake, inherited from Just Eat, in Brazilian food delivery company iFood , which operates in Brazil and Colombia . The company has a partnership with iFood in these two countries. On 22 March 2021, Just Eat Takeaway.com became
2627-496: The company was delivering in more than 50 markets across the U.S. In July 2018, Grubhub announced that it had expanded its delivery capabilities to 28 new cities in the US. Grubhub's UK competitors are Deliveroo and UberEATS . In the U.S. its competitors include Uber Eats, DoorDash , Postmates , and EatStreet . In February 2020, the company announced the launch of its new Grubhub+ monthly subscription program, which offers free, unlimited food delivery from partner restaurants for
2698-531: The company was listed as the 21st largest employer on the Fortune 500 . Aramark was founded as Davidson Brothers in 1936 by Davre and Henry Davidson. Davidson Brothers began by providing vending services to plant employees in the aviation industry in Southern California . In 1959, Davre Davidson partnered with William Fishman to establish ARA (Automatic Retailers of America), which became publicly traded
2769-418: The complaint states, meaning that they essentially function as employees. They also allege that they do not receive the same benefits that an employee does. Grubhub drivers are allegedly required to pay some of their expenses. Because of how they are paid, the plaintiffs claim they may often get paid below federal or state minimum wage, even when they work long hours. Many drivers allegedly work more than 40 hours
2840-652: The driver from our platform. We've also reached out to the diner to address and help resolve the situation. Just Eat Takeaway Just Eat Takeaway.com N.V. (formerly Takeaway.com ; founded as Thuisbezorgd.nl ) is a Dutch multinational online food ordering and delivery company, formed from the merger of London-based Just Eat and Amsterdam-based Takeaway.com in 2020. It is the parent company of food delivery brands including Takeaway.com, Lieferando, Thuisbezorgd.nl, Pyszne.pl, 10bis in Israel, and those acquired from Just Eat, including SkipTheDishes and Menulog . Since
2911-684: The end of Fiscal Year 2023 the new company will be named Vestis. On October 2, 2023, Aramark completed the spin-off of its uniforms line of business. It is now publicly-traded company, Vestis (NYSE: VSTS). Aramark negotiates pricing and makes purchases directly from national manufacturers and through distributors such as Sysco Corporation. The products range from healthcare, dairy, meats, seafood, frozen, canned and dry, paper & disposables, chemicals & janitorial, supplies & equipment, produce, and beverage. Aramark has had distribution agreements with Sysco for more than 20 years. In 2016, Aramark strengthened its purchasing power through acquiring
Grubhub - Misplaced Pages Continue
2982-425: The equity and GrubHub representing 42% of the equity of the combined business; the merger was finalized in early August 2013. Grubhub went public in April 2014 at $ 26 per share. During its time as a standalone company, it traded on the New York Stock Exchange (NYSE) under the ticker symbol "GRUB". In June 2014, Grubhub began offering delivery for restaurants that did not operate their own delivery service. By 2016,
3053-609: The food provided to inmates at Burlington County Jail in New Jersey was substandard and spoiled, and often made prisoners sick with diarrhea and vomiting. Maggots found in the food preparation areas at Parnall Correctional Facility in Jackson , Michigan, may have been the source of an outbreak of food-borne illness. Maggots were also found in Aramark food products at Michigan's Charles Egeler Reception & Guidance Center and two Ohio prisons,
3124-547: The group Progress Michigan after Michigan moved to end the contract. Likewise, Aramark has been criticized for skimping portion sizes, food safety issues, and overcharging state governments (Michigan, Kentucky, and Florida) that have used their food in prisons; a Kentucky prison riot is reputed to have been caused by the low quality of food Aramark provided to inmates. In Ireland, Aramark has been criticised for its management of three 'direct provision' centres, where those seeking asylum in Ireland must stay until their application
3195-668: The internet as a meme , with many people uploading parodies of it. The commercial shows several people dancing after ordering food from Grubhub, set to " Soy Yo " by the Colombian pop band Bomba Estereo . The commercial was panned, as it was seen as too obnoxious. Comparisons were made online between this ad and a similar ad from the grocery store chain Kroger . In February 2018, US Magistrate Judge Jacqueline Scott Corley found that Grubhub correctly classified plaintiff Raef Lawson as an independent contractor and rejected his misclassification claim in
3266-521: The kitchen under Aramark management held a strike because they were required to cut meat with pan lids instead of being allowed to use meat slicers. An Aramark employee was given a written reprimand over the incident. Since the state started using Aramark in 2013, the Ohio Civil Services Employee Association has been trying to regain control of the food services contract. A bid submitted by the union in spring of 2015 failed after
3337-472: The largest online food delivery service outside of China, and provide Just Eat Takeaway with a base in the U.S. market. North American headquarters would remain in Chicago with Grubhub founder, Matt Maloney, joining the board of directors and heading North American operations. On June 10, 2021, Just Eat Takeaway took operations of Grubhub as Grubhub stockholders approved Transaction with Just Eat Takeaway. The sale
3408-511: The management team that performance bonuses were postponed for three months. No explanation was ever given. This followed the company's 401k match at the plan minimum after a “phenomenal” year, as reported by the CEO Eric Foss. In April 2010, Aramark and the Coalition of Immokalee Workers reached a resolution that called for a 70−80% increase in wages for tomato pickers. Aramark has also been
3479-565: The merger, the company has acquired Bistro.sk in Slovakia. It purchased Grubhub in the United States but announced it was selling it in 2024. Just Eat Takeaway operate various food ordering and delivery platforms in twenty countries, where customers can order food online from restaurants’ menus, and have it delivered by restaurant or company couriers directly to their home or workplace using an app or website. The company also partners with IFood in Brazil and Colombia . Following clearance by
3550-480: The podcast Underunderstood reported that Yelp listings for some restaurants provide Grubhub "referral numbers" which, when called instead of the restaurant's phone number itself, facilitate the recording of the calls and can result in the restaurant being charged commission fees, even in some cases when resulting in no order. In June 2019, reports came out alleging that Grubhub had registered more than 23,000 web domains in restaurants' names without their consent, in what
3621-570: The restaurant owners signed contracts that include clauses that require prices to be the same for dine-in customers as for customers receiving delivery. The plaintiffs state that this arrangement increases the cost for dine-in customers, as they are required to subsidize the cost of delivery; and that the apps charge “exorbitant” fees, which range from 13% to 40% of revenue, while the average restaurant's profit ranges from 3% to 9% of revenue. The lawsuit seeks triple damages, including for overcharges, since April 14, 2016, for dine-in and delivery customers in
SECTION 50
#17328948377143692-409: The service failed to properly disclose that prices for food ordered through GrubHub could be higher than the same item ordered at a restaurant. The investigation by the attorney general's office also found that Grubhub would route web traffic from users to microsites that host a restaurant’s menu as well as third-party websites, such as Yelp or Menupages .com. Later that same month, a settlement
3763-613: The sponsors of the UEFA men's club and women's competitions starting in the 2021-24 cycle after being awarded the first-ever sponsorship contract for the UEFA Euro 2020 . On 16 July 2021, the company announced it would acquire Slovak market leader Bistro.sk, with the acquisition completed in October 2021. On 1 April 2022, the company left Norway and Portugal after announcing its departure in March. On 20 April 2022, Just Eat Takeaway announced it
3834-417: The subject of a number of scandals regarding labor practices and business ethics. These include firing workers for reporting unsanitary food conditions, paying fringe wages, not paying for all hours worked, not paying backpay, and firing or eliminating the positions of those who file Equal Employment Opportunity Commission (EEOC) claims. In September 2024, Aramark concessions workers with UNITE HERE at
3905-453: The tenure of Foss and Zillmer, Aramark created a position of "Office of the Chairman" consisting of Lauren Harrington, Stephen Sadove, Lynn McKee and Bramlage Stephen to handle day-to-day operations, until a new CEO was found. On May 10, 2022, Aramark announced they would spin off its Uniform Services division into an independent, publicly traded company. The move is expected to be complete by
3976-508: The trademarks to the names of the various Yosemite hotels, lodges, campgrounds, etc. After about three years the suit was settled and the names were restored. Aramark has been criticized for the "filthy conditions" in Chicago Public Schools following the privatization of janitorial services and Aramark receiving a $ 260 million contract for their management. Responding to these reports, Chicago Mayor Rahm Emanuel said "Aramark's job
4047-414: The workplace and that we will stand up for our employees." In a tweet that was later deleted, Maloney added: "To be clear, Grubhub does not tolerate hate and we are proud of all our employees—even those who voted for Trump." By Thursday night, the hashtag #BoycottGrubHub was trending on Twitter. Following Maloney's statement, on November 11, 2016, the company's shares dropped 5.93%. An August 2019 episode of
4118-578: Was able to intercept the tampered meal after it had already been delivered. The restaurateur wants Grubhub to provide tamper-proof seals, as the current stickers are easily removed "like a piece of Velcro ." Grubhub declined a request for an interview following the incident, and released a statement: We have no tolerance for misconduct on our platform. The vast majority of our orders are completed without incident or complaint, and when things don't go as planned, we work hard to make things right. Upon hearing of this situation, we took immediate action and suspended
4189-523: Was announced whereby Gruhub would be required to pay $ 125,000 to several Pennsylvania food banks and be more transparent about its pricing. As part of the settlement, GrubHub will be required to add price disclosures to their menu and checkout-pages. In October 2023, local media stations KTLA and KABC-TV reported that a restaurant owner in Long Beach, California , had caught a Grubhub delivery driver eating from and then repackaging an order. The restaurateur
4260-507: Was banned in California in 2021 for its abuse of restaurants. On May 17, 2022, Grubhub offered a promotional code offering free lunch for those ordering in New York City . Grubhub's system and local restaurants were immediately overwhelmed after fielding nearly 6,000 orders per minute. Grubhub released a statement the same day stating they let restaurant workers know in advance, but the claim
4331-523: Was cast as "an attempt to generate greater commission revenue and prevent restaurants from building their online presences." Grubhub disputed the allegations, insisting that restaurants had explicitly agreed in their contracts with Grubhub to allow web domain purchases and the creation of websites advertising their businesses. In April 2020, a group of New Yorkers sued DoorDash, GrubHub, Postmates, and Uber Eats, accusing them of using their market power monopolistically by only listing restaurants on their apps if
SECTION 60
#17328948377144402-459: Was completed on June 15, 2021. As part of this, Grubhub's logo was changed to include the Just Eat Takeaway house. In April 2022, Just Eat said that it would consider a full sale of Grubhub after Cat Rock Capital, an activist investor , pressed the company to focus on European markets. In July 2022, Amazon struck a deal with Just Eat to offer Prime customers free Grubhub+ membership for
4473-576: Was considering a full or partial sale of Grubhub, of which it fully completed its purchase in 2021. The consideration is based on investor pressure and decreased profits, with Just Eat Takeaway's entire market capitalisation lower than the price for Grubhub. On 1 June 2022, the company discontinued its Takeaway.com operations in Romania. On 19 August 2022, Just Eat Takeaway.com sold its 33% stake in iFood to Prosus (via Movile ) for €1.8 billion. In November 2024, Just Eat Takeaway announced that it
4544-432: Was created by Jitse Groen in 2000 after he had a difficult time ordering food online from local restaurants. Initially, Groen wanted to deliver all kinds of consumer goods; however, he noticed that food deliveries had the most demand, and decided to make this the company's primary focus. In 2002, co-founder Ruben Eilander quit Takeaway because the business was growing slowly. According to Groen, in these early years, he
4615-474: Was immediately disputed by workers. Multiple outlets regarded the promotion as a "disaster," with restaurants unable to keep up with the demand and insufficient delivery workers available to pick up orders, resulting in wasted food and customers without their meals. Restaurants were left facing angry customers, refunded orders, and inability to reach Grubhub's customer service. In November 2022, Pennsylvania Attorney General Josh Shapiro sued Grubhub, claiming that
4686-468: Was keeping its drivers safe by offering contact-free delivery as well as the option to order pickup for anyone who felt more comfortable getting the food themselves. On June 9, 2020, Netherlands based Just Eat Takeaway announced an agreement to buy Grubhub for $ 7.3 billion in stock. In November 2024, Wonder Group Inc. bought Grubhub from Just Eat Takeaway for $ 650 million. In 1999, New York lawyer Jason Finger founded SeamlessWeb to provide companies with
4757-414: Was led by DAG Ventures . Grubhub's portfolio of brands includes Seamless, AllMenus, MenuPages, LevelUp, and Tapingo. Seamless is an online and mobile food ordering platform for regional restaurants active in the U.S. and London. In September 2011, Grubhub secured $ 50 million in Series E funding and acquired New York–based competitor Dotmenu, the parent company of Allmenus and Campusfood. Grubhub completed
4828-407: Was re-privatized, as Boston -based Spectrum Equity Associates invested $ 50 million for a minority stake in the company from Aramark. The company then changed its name from SeamlessWeb to Seamless. In September 2011, Seamless acquired MenuPages, and in February 2012, Seamless released an iPad app. In May 2013, Grubhub and Seamless announced that they were merging, with Seamless representing 58% of
4899-519: Was relying on his student loans to keep himself financially afloat. Thanks to broadband internet becoming mainstream around 2003, the business started growing massively, and Groen decided to quit his studies to focus on the company. The company benefited from an investment of € 13 million ( US$ 16.7 million) from Prime Ventures—a venture capital and growth equity firm—in 2012. It began accepting Bitcoin in November 2013. It benefited from another investment of €74 million ( US$ 98.31 million) in
4970-493: Was selling Grubhub to restaurant chain Wonder Group Inc for $ 650m. Just Eat bought Grubhub in a $ 7.3bn deal agreed in June 2020. On 27 November 2024, the company announced it would be delisting its shares from the London Stock Exchange, making Amsterdam, where it is headquartered, the sole location for trading its shares. The company operates under different brand names in different countries. Aramark Aramark
5041-494: Was traded on the New York Stock Exchange (NYSE) under the ticker symbol GRUB. As of 2019, it had 19.9 million active users, with 115,000 associated restaurants in 3,200 cities in all 50 US states. The original Chicago -based Grubhub was founded in 2004 by Mike Evans and Matt Maloney to create an alternative to paper menus. Two years later, in 2006, Maloney and Evans won first place in the University of Chicago Booth School of Business 's Edward L. Kaplan New Venture Challenge with
#713286