Seamless Eyeing IPO For 2014

Seamless, the restaurant delivery online and mobile app service, will file for an IPO in 2014, according to
tweets from The Streetand
Jonathan Marino of TheDeal.

Seamless merged with rival GrubHub in May of this year.

Matt Maloney, GrubHub’s CEO, became the new company’s chief executive officer. Jonathan Zabusky, Seamless’ CEO, became its president.

Since then Yelp also entered the food delivery business — so this is a category that is heating up.

An IPO would swell Seamless’ coffers for the fight against Yelp and other food delivery insurgents, like Eat 24.

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.