Food-Delivery Platforms Are Getting Hit With an Antitrust Lawsuit [The Motley Fool]
Just Eat Takeaway.com N.V. - American Depositary Shares (GRUB)
Last just eat takeaway.com n.v. - american depositary shares earnings: 2/5 04:05 pm
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Source: The Motley Fool
Evan Niu, CFA(TMFNewCow)Author BioEvan is a senior technology specialist at The Motley Fool. He was previously a senior trading specialist at Charles Schwab, and worked briefly at Tesla. Evan graduated from the University of Texas at Austin, and is a CFA charterholder.Follow @@TMFNewCowOrdering food online for delivery is one of the few remaining strongholds of the restaurant industry, as consumers stay at home and many governments have banned in-person dining in order to prevent the spread of COVID-9. But now a handful of consumers allege that the most dominant online delivery platforms --GrubhubNYSE:GRUBUberNYSE:UBERDoorDash and Postmates are privately held but Grubhub and Uber are publicly traded. Here's what investors need to know.Image source: Getty Images.Higher fees translate into higher pricesThe consumers, which are seeking class action status, argue that thetech companiesThe fees that the platforms impose can range anywhere from around 0% to a whopping 0% of the transaction
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