Wednesday, May 13, 2020

Uber Makes Takeover Approach to Grubhub

How is a company that just laid off a ton of employees making moves like this? Uber is being hurt by the pandemic while GruHub is flourishing during the lock down.

Uber Technologies Inc. is seeking to acquire Grubhub Inc. in a deal that would unite two of the biggest players in the cutthroat meal-delivery business at a time when the coronavirus pandemic has sparked a surge in demand for their services.