What happened to Grubhub?

In 2007, Grubhub was founded in Austin, Texas. The company quickly emerged as a leading online food ordering service and today operates in more than 50 countries.

However, recent reports suggest that Grubhub is in some trouble.

In November of last year, the company announced that it had been acquired by Seamless, a rival food ordering service. At the time, Grubhub CEO Matt Maloney said that the acquisition would help the company expand its reach and increase its revenue.

However, the acquisition did not go as planned and Grubhub has reportedly been struggling to turn around its business.

In February, Grubhub announced that it was laying off more than 1,000 employees. The layoffs were in response to a decline in orders from restaurants. Grubhub has also been struggling to keep up with the competition.

In January, Grubhub was acquired by Seamless for $2.7 billion.

Despite the challenges, Grubhub is still a major player in the food ordering industry. However, the company may need to make some changes if it wants to keep up with the competition.

Total
0
Shares
Previous Article

Who makes Aldi Clancy products?

Next Article

Does Tesco sell picture frames?

Related Posts