Just Eat Takeaway, who purchased Grubhub less than a year ago for $7.3 billion, has announced that they may consider selling off part or all of the Grubhub. What happened here? Did Jitse Groen (CEO of Just Eat Takeaway) buy a lemon? This is an expensive case of buyer's remorse for the Dutch delivery giant. Within just months of closing the deal, investors were pushing for the company to bail out on Grubhub. Apparently, they finally decided to listen. While it doesn't mean it's a done deal, I ...
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Just Eat Takeaway, who purchased Grubhub less than a year ago for $7.3 billion, has announced that they may consider selling off part or all of the Grubhub. What happened here? Did Jitse Groen (CEO of Just Eat Takeaway) buy a lemon? This is an expensive case of buyer's remorse for the Dutch delivery giant. Within just months of closing the deal, investors were pushing for the company to bail out on Grubhub. Apparently, they finally decided to listen. While it doesn't mean it's a done deal, I ...
A Strategy for Maintaining and Increasing Profits When Delivery apps like Doordash Slow Down
Deliver on Your Business
45 minutes
4 years ago
A Strategy for Maintaining and Increasing Profits When Delivery apps like Doordash Slow Down
Pandemic Unemployment Assistance (PUA) $300 per week payments ended September 4. People will order less, and more may turn to deliver for apps like Doordash, Uber Eats, Grubhub and others, further saturating the market with drivers. At the same time, these apps seem to be racing to see who can pay us less. What do we do when it's harder to make a profit? Is it time to hang it up and move on to more profitable things? We discuss a strategy that might help keep profitability up. Or even...
Deliver on Your Business
Just Eat Takeaway, who purchased Grubhub less than a year ago for $7.3 billion, has announced that they may consider selling off part or all of the Grubhub. What happened here? Did Jitse Groen (CEO of Just Eat Takeaway) buy a lemon? This is an expensive case of buyer's remorse for the Dutch delivery giant. Within just months of closing the deal, investors were pushing for the company to bail out on Grubhub. Apparently, they finally decided to listen. While it doesn't mean it's a done deal, I ...
