An article about Amazon and Grubhub – does Amazon own Grubhub?
Grubhub is a food delivery service that was founded in 2004. The company has since expanded to offer delivery from over 500,000 restaurants in more than 25 countries.
As of 2018, Grubhub was valued at around $10.9 billion.
In 2016, Amazon acquired Grubhub for $287 million. At the time of the acquisition, many questioned whether or not Amazon would keep the Grubhub brand.
However, after a few months of integration, it was announced that Grubhub would remain a separate entity within Amazon.
The main reason for the acquisition was to provide Amazon with a delivery service that competed with Uber and Lyft. Grubhub allows customers to order food from restaurants via a smartphone app.
Since the acquisition, Grubhub has continued to grow rapidly. In 2018, the company reported that it had delivered more than 50 billion meals worldwide.
Despite the acquisition, it seems that Grubhub has remained a separate entity within Amazon. The company has continued to operate as its own entity, with its own leadership and brand.
This has allowed Grubhub to maintain its independence and keep its own identity.
In conclusion, it seems that Amazon does not own Grubhub. The company has remained a separate entity within Amazon, and has continued to grow rapidly since the acquisition.
