Likely the most startling and impacting Uber news lately is its potential purchase of Grubhub, a direct competitor of Uber’s Eats division. Grubhub, which also owns Seamless (and has had its own ...

Uber, DoorDash and Grubhub must pay their food delivery workers at least $17.96 an hour after losing their second attempt to block New York City’s minimum wage law targeting the app-based firms.

Uber's offer to acquire Grubhub could combine two of the largest food-delivery apps in the U.S. as the coronavirus pandemic boosts demand for such services. Uber offers to buy Grubhub, plans $900 ...

According to breaking reporting, Grubhub is hunting for 2.15 shares of Uber stock for each of its own shares, worth about $68 per share before the news broke per the Journal.Grubhub shares have ...

Meanwhile, there’s Uber. It lost $2.9 billion in the first three months of 2020, in part because its Rides business dropped by 3 percent as the world kept close to home.

Uber approached Grubhub after the pandemic hit, said one person with knowledge of the deal talks. By then, Uber’s ride-hailing business had been severely hurt as most travel was halted.

Uber Woos Grubhub, In A Move Lawmaker Calls 'Pandemic Profiteering' The merger talks have yet to reach a deal, but if both sides strike an accord, the combined company would emerge as the dominant ...

Uber Eats is also piloting programs in London, Boston, and Phoenix. Uber Eats launches revolutionary program that could ...

Uber and Grubhub, currently the second and third-largest US meal delivery companies by market share behind DoorDash, are in talks over a tie-up as the coronavirus crisis accelerates consumer ...

As of now, the two companies can’t even agree on a potential price, with Uber rejecting Grubhub’s offer that would value the deal at $6.25 billion.

Bookings on Uber Eats are up more than 100% over last year, Uber said. Postmates is fourth in the food delivery market, behind Doordash, Uber Eats and GrubHub, says Wedbush analyst Daniel Ives.

On Thursday, New York state Justice Nicholas Moyne dismissed Uber, DoorDash and Grubhub’s attempt to bar the city from implementing the rule—which mandates the companies pay food delivery ...