Uber's announcement it will expand its food delivery service to Germany was followed by a 5.4% drop in the share price of Just Eat Takeaway, the current market leader.
Retail investors began trading shares on Wednesday, after Deliveroo listed on the London Stock Exchange on March 31.
The food-delivery startup's float comes after a pandemic-related surge in business, as consumers flocked to takeaway food.
You can sign up to be an Instacart shopper by creating an account and downloading the app for a background check.
DoorDash has never accepted cash on its marketplace platform. Prior to the coronavirus pandemic, DoorDash’s company-order fulfillment service DoorDash Drive accepted cash through a feature called “Cash on Delivery.” Neither DoorDash Drive nor DoorDash’s marketplace app will take cash at this time. Visit Business Insider’s Tech Reference library for more […]
DoorDash updated its pricing range for its initial public offering on Friday. The food delivery company aims to raise up to $US3.13 billion by selling 33 million shares, priced between $US90 and $US95 per share. At the top end of the IPO range, the company’s market cap is around $US30 […]
You can cancel an Uber Eats order without having to contact customer service or the restaurant. To cancel an Uber Eats order on the Uber Eats app, navigate to the Upcoming Orders tab and select the “Cancel” option. When you use the Uber app for an Uber Eats order, you […]
Grubhub stock surged as much as 11.5% Friday afternoon on reports European peers Just Eat and Delivery Hero are interested in a takeover of the food delivery service. Grubhub is currently fielding multiple offers and considering regulatory risks in its decision, sources told CNBC. The new overseas interest arrives after […]
As the year comes to a close, Uber Eats released a list of 2019’s most popular foods and its predictions for food trends in 2020. Food delivery users are increasingly ordering plant-based food alternatives, vegetables, and trendy wellness food products like collagen and bone broth going into 2020. Foods accelerating […]
GrubHub short-sellers made $US504 million when shares of the company fell 42% Tuesday following lacklustre third-quarter earnings, data from financial-analytics provider S3 Partners shows. Wall Street has grown increasingly bearish on the stock over the last month, and at the same time, shorts have boosted exposure to GrubHub, S3 said. […]
GrubHub, the online food-delivery service, reported disappointing earnings Monday that showed slower-than-expected growth. Shares fell as much as 40% in regular trading on Tuesday. The company attributed its performance to diner “promiscuity” and increased competition. Watch GrubHub trade live on Markets Insider. GrubHub lost more than one-third of its market […]
Former Uber CEO Travis Kalanick is making progress with his food-delivery and “dark kitchen” startup, according to reports. CloudKitchens, one of the units of Kalanick’s company City Storage Systems, has hired dozens of people including former Uber employees. Employees are being asked to keep mum about it all, not even […]