Uber’s lost deal for Grubhub is still a huge step for the food delivery sector
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On June 10, Grubhub cut Uber out of a potential deal and agreed to merge with Just Eat Takeaway, a European food delivery service, in an all-stock purchase valued at $7.3 billion. For Uber, the trans-Atlantic marriage marks a lost opportunity—one that would have allowed it to create the largest US food delivery service, leapfrog…
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