Grubhub gets Amazon investment; Prime members to get fee-free food [Reuters]
DoorDash, Inc. (DASH)
Company Research
Source: Reuters
Prime members, hoping to boost subscriptions with a renewed push into meal delivery. Announced ahead of Amazon's July "Prime Day" marketing blitz starting Tuesday, the deal lets the online retailer's loyalty club members use Grubhub without delivery fees on orders over $12 in more than 4,000 U.S. cities. Advertisement · Scroll to continue Shares in Just Eat Takeaway were up 16% at 15.98 euros at 0309 GMT in Amsterdam trading. The deal is a major relief for Europe's largest meals company, whose stock had fallen 70% this year. Shareholders have demanded it sell or find a partner for Grubhub, which it bought last year for $5.8 billion. Demand has waned since the height of the pandemic, and it has lost market share to Doordash (DASH.N) and Uber Eats (UBER.N) read more Advertisement · Scroll to continue Amazon will receive warrants representing 2% of Grubhub's shares, and an additional 13% of shares conditional on the deal bringing Grubhub enough customers. Uber shares fell a
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DASH
Earnings
- 2/15/24 - Miss
DASH
Sec Filings
- 4/16/24 - Form 144
- 4/15/24 - Form 4
- 4/12/24 - Form 144
- DASH's page on the SEC website