To be clear, they are buying Grubhub for $150 million, and taking on 500m in Grubhub debt.
Lol, $150million.
this post was submitted on 13 Nov 2024
31 points (91.9% liked)
Technology
59378 readers
3123 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
Yeah especially Four years ago it was worth $7.3 billion https://edition.cnn.com/2024/11/13/investing/grubhub-sale-wonder/index.html
Four years ago was during COVID.
You mean people don't like paying 50-100% more for food? And having it be subpar because of delivery times. I'm shocked. When they had a lot of deals going on it wasn't so bad, but that's mostly over.
About the only time I "use" them is when restaurants basically use them as their online menu.
One of the restaurants by me let's you use either GrubHub or chownow when you order online. The prices are like 20% different between the two. It's been a while so I forget which one is the more expensive.