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About Grubhub
Industries
Food & Agriculture
Consumer Software
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
New York City, New York
Founded
2004
Overview
Grubhub is an online and mobile platform that allows users to order food from a wide variety of local restaurants. It connects customers with over 320,000 restaurant options across 4,000 U.S. cities and London, making it easy for diners to find their favorite meals. The platform works by allowing users to browse restaurant menus, place orders, and have food delivered directly to their location. Grubhub generates revenue through service fees, delivery charges, and commissions from the restaurants it partners with. What sets Grubhub apart from its competitors is its extensive network of restaurant partners and its user-friendly technology that enhances the food ordering experience. The company's goal is to provide a seamless and enjoyable food ordering experience for diners while supporting local restaurants.
Simplify's Take
What believers are saying
- Partnership with Walgreens could significantly expand Grubhub's customer base.
- Robot delivery on campuses positions Grubhub as a leader in innovative delivery.
- Layoffs and restructuring may streamline operations and improve financial performance.
What critics are saying
- Increased competition from DoorDash and Uber Eats threatens Grubhub's market share.
- Layoffs may lead to operational disruptions and decreased employee morale.
- Potential merger between GoTo and Grab could create a stronger competitor.
What makes Grubhub unique
- Grubhub boasts the largest network of restaurant partners in the U.S.
- The company offers innovative delivery solutions like robot delivery on college campuses.
- Grubhub's partnership with Walgreens expands its reach into the pharmacy market.
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Funding
Total Funding
$8426.6M
Above
Industry Average
Funded Over
8 Rounds
Lightspeed Venture Partners
BenchmarkGrowth & Insights and Company News
6 month growth
↑ 1%1 year growth
↑ 1%2 year growth
↑ 0%The CEO of Indonesian super app GoTo is reportedly still weighing a merger with rival Grab. Patrick Walujo made those comments to the Financial Times (FT) in an interview published Wednesday (March 12), while also revealing his company’s first annual profit. “I will always be open to anything that is enhancing our shareholders’ return … in the long term,” said Walujo
Weeks after being acquired by another food delivery platform, Grubhub is eliminating around 500 jobs. The company was sold last year by European firm Just Eat Takeaway to Wonder, a deal that was finalized in January. Now the two companies are working on aligning their businesses, Grubhub CEO Howard Migdal said in a message to employees posted to the company website Friday (Feb. 28)
Grubhub also laid off roughly 400 employees in June 2023 because of rising costs.
Her recent portfolio includes Grubhub's 20th-anniversary Food Festival, Culinary Care's Gourmand Gala, and Capital One x James Beard Foundation's national dining series "A Taste of the James Beard Awards."
Grubhub layoffs just slashed 500 jobs!
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About Grubhub
Industries
Food & Agriculture
Consumer Software
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
New York City, New York
Founded
2004
There are no jobs for Grubhub right now.
Find jobs on Simplify and start your career today
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