Just Eat Takeaway to acquire Grubhub for $7.3B

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 ]