@michael_girdley: At the height of the pandemic, European food delivery giant Just Eat Takeaway bought Grubhub for $7.6 billion. The company believed it could restore growth through cost cutting and operational discipline, but DoorDash was playing a completely different game. While Grubhub focused on profits, DoorDash spent aggressively to win market share and dominate the industry. Just three and a half years later, Grubhub was sold for only $650 million, wiping out 91% of the original investment. #grubhub #doordash #fooddelivery
Why did GrubHub declare victory and say that they were going to be number one forever after being purchased for $650 million? Sounds like DoorDash was Miles ahead? I’m confused.
2026-06-17 19:29:45
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Gabe Ohners :
Is uber eats a monster?
2026-06-17 22:47:21
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