Just Eat Takeaway to acquire Grubhub for $7.3B

Re:Just Eat Takeaway to acquire Grubhub for $7.3B by aesyondu on Thursday June 11, 2020 @05:17AM (#23486767)

Yes, but a restaurant wouldn't be entering into these special deals if it wasn't beneficial to them as well. Even if the margins are much lower, it could be offset by the increase in number of customers/orders.

[ Parent | on HN ]

Re:Just Eat Takeaway to acquire Grubhub for $7.3B by lz400 on Thursday June 11, 2020 @09:11AM (#23488434)

I've talked to people who run restaurants and in their words uber eats is not worth it economically. They just do it, barely breaking even, as a marketing thing, hoping people will like the food and go to the real place.

[ Parent | on HN ]

Re:Just Eat Takeaway to acquire Grubhub for $7.3B by AgloeDreams on Thursday June 11, 2020 @09:42AM (#23488754)

Bingo, plus if they don't do it, their competitors will and then nobody comes to them.

[ Parent | on HN ]

Re:Just Eat Takeaway to acquire Grubhub for $7.3B by sokoloff on Thursday June 11, 2020 @12:22PM (#23490433)

If all that's true, then it does seem like it's worth it economically. Economics in business goes well beyond the simple transaction-level view.

[ Parent | on HN ]