After being engaged in merger talks with Uber for weeks, reports have surfaced that European firms Delivery Hero and Just Eat Takeaway.com have expressed interest in Grubhub.
“As the world’s leading local delivery platform, we are committed to invest in sustainable growth and gain leadership positions in the markets we operate in. Being a global leader in the delivery industry, we are regularly looking at potential transactions to evaluate new opportunities.”
Delivery Hero spokesman
These firms have remained strong due to secular tailwinds strengthened by stay at home orders while many other service industries have been decimated.