Just Eat Takeaway, an Amsterdam-based third-party delivery platform, is looking to sell Chicago-based GrubHub and is exploring different buyers. The firm is up for selling GrubHub partially or fully and finding a strategic partner these days. In 2020, Just Eat Takeaway (JET) acquired GrubHub in a $7.3 billion deal. The acquisition gave JET access to 634,000 restaurants in Europe and North America. To escape a hostile takeover and rising costs, many investors have advised JET to look for a merger with giant players like DoorDash, Amazon, or Delivery Hero.
To read more, visit Supermarketnews