Amazon signs partnership deal with Grubhub - Breaking The News
Download our appPlay StoreApp Store

Amazon signs partnership deal with Grubhub

EPA-EFE/FRIEDEMANN VOGEL

Amazon.com Inc. closed a partnership deal with Grubhub Inc., adding restaurant delivery to its Prime services in the United States, allowing its members to use a "free, one-year Grubhub+ membership with no food-delivery fees on eligible orders," Amazon confirmed on Wednesday.

According to the Wall Street Journal, the country's largest e-commerce business is to become Just Eat Takeaway.com N.V small shareholder, while the Netherlands-based company confirmed that it will continue to be Grubhub's parent company while exploring a "full" or "partial sale" of the food-ordering company.

Just Eat revealed that Amazon has an initial option to take a 2% stake in US-based Grubhub, with the possibility of increasing its total stake to 15% based on performance metrics centered on bringing new customers.

Related Stocks
Just Eat Takeaway...
Amazon.com
Related News
Jassy: Amazon to do everything to keep prices low
Amazon.com Inc. CEO Andy Jassy told CNBC in an interview released on Thursday that the firm will do everything in its power to try and keep prices low.Addressing the global trade war and tariffs, he added that Amazon's big network of third-party sellers could try to "pass that cost on" to consumers. "I understand why, I mean, depending on which country you're in, you don't have 50% extra margin that you can play with," Jassy commented.He remarked...
Amazon CEO's 2024 compensation at $40.1M
Amazon.com Inc. revealed on Thursday in the annual proxy statement that CEO Andy Jassy's compensation stood at $40.1 million in 2024. This marks a 37% jump from $29.2 million he earned in 2023.Jassy's base salary in 2024 was $365,000, unchanged from a year ago. "The Leadership Development and Compensation Committee did not grant a restricted stock unit award for Mr. Jassy in 2024 and has not granted him an award since 2021," Amazon...
Amazon: AI revenue growing at triple-digit percentages
Amazon.com Inc. CEO Andy Jassy said on Thursday in the annual shareholder letter that the company's artificial intelligence (AI) revenue is growing "at triple-digit YoY [year over year] percentages and represents a multi-billion-dollar annual revenue run rate."He added that the company still believes AI is a "once-in-a-lifetime reinvention," insisting that both its customers and shareholders will benefit from Amazon "aggressively" investing in it.Talking about...
Amazon, Airbus team up on inflight connectivity
Airbus SE announced on Tuesday that it will collaborate with Amazon.com Inc. on inflight connectivity via Amazon's Project Kuiper low Earth orbit satellites. The tech giant said it plans to form a constellation of more than 3,200 satellites, with the first launch scheduled for Wednesday.Airbus said Amazon's service will offer downlink speeds of up to one gigabit per second to "help airlines meet their passengers’ growing expectations." The aircraft manufacturer did not...

Please observe our Terms of Use. The price information is time delayed to varying extents, but as a rule by 15 minutes or more, according to the regulations of the selected stock exchange and/or licensors and the type of securities.

© 2025 TeleTrader Software GmbH. All rights reserved

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.