What Amazon and Grubhub Get From a Partnership
What Amazon and Grubhub Get From a Partnership
Amazon is (cautiously) returning to the food delivery market. But first...
Amazon is (cautiously) returning to the food delivery market. But first...
• Account holders at bankrupt crypto firm Voyager probably won’t get all their money back
• Account holders at bankrupt crypto firm Voyager probably won’t get all their money back
Apple introduced Lockdown Mode, an “extreme” security tool to block cyber attacks
Apple introduced Lockdown Mode, an “extreme” security tool to block cyber attacks
Wait times for chip delivery got a little better in June
Wait times for chip delivery got a little better in June
Grubhub, the struggling US meal-delivery business, is getting a second chance
Grubhub, the struggling US meal-delivery business, is getting a second chance
On Wednesday, the company announced that it was teaming up with retail behemoth Amazon.com Inc
On Wednesday, the company announced that it was teaming up with retail behemoth Amazon.com Inc
which is adding food delivery as a perk for millions of Amazon Prime members.
which is adding food delivery as a perk for millions of Amazon Prime members.
With the deal, Prime customers can get online food takeout with no delivery fees through a one-year Grubhub+ membership
With the deal, Prime customers can get online food takeout with no delivery fees through a one-year Grubhub+ membership
As part of the tie-up, Amazon will get an initial option to take a 2% stake in Grubhub
As part of the tie-up, Amazon will get an initial option to take a 2% stake in Grubhub
and an additional 13% stake if the partnership goes well.
and an additional 13% stake if the partnership goes well.
The agreement comes at a crucial time for Grubhub. In-person restaurant dining has gradually returned after pandemic lockdowns,
The agreement comes at a crucial time for Grubhub. In-person restaurant dining has gradually returned after pandemic lockdowns,
while inflation has squeezed household budgets—meaning Americans’ appetite for takeout isn’t what it used to be
while inflation has squeezed household budgets—meaning Americans’ appetite for takeout isn’t what it used to be
Elon Musk reportedly had twins with a Neuralink executive
Elon Musk reportedly had twins with a Neuralink executive
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