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Running a restaurant is a tough business, so is running a restaurant-based tech business. Probably for the same reasons-competition! For me Grubhub was a consu
by salimmadjd 13y ago
Running a restaurant is a tough business, so is running a restaurant-based tech business. Probably for the same reasons-competition!
For me Grubhub was a consumer business and seamless an enterprise business. So not sure how this merger makes sense, unless both companies were seeing slowdown in growth and had to combine some of their operations.
- parsnips 13y agoMore likely is that their combined revenue makes going public (and exiting) more likely for both companies. The margins in this business are insane.
- jeffasinger 13y agoBoth companies primary asset at this point is online ordering relationships with a ton of restaurants. There is a significant network benefit to having a larger list of restaurants in a given area, as your service becomes synonymous with ordering food. I think this merger makes a lot of sense.