Business

Just Eat Takeaway says it is in talks to merge with Grubhub

Posted June 10, 2020 7:00 am

The Associated Press

NEW YORK (AP) -

Just Eat Takeaway.com says the European restaurant delivery company is in advanced talks with Grubhub for the two companies to merge.

The Amsterdam-based company said Wednesday the two companies are considering an all-stock combination. Chicago-based Grubhub did not immediately respond to a request for comment.

Just Eat Takeaway.com provides restaurant delivery services in Europe, New Zealand, Canada, Mexico and Brazil. Grubhub operates in 4,000 U.S. cities.

Ride-sharing giant Uber, which has been expanding its Eats restaurant delivery service, also is in talks to merge with Grubhub, according to published reports. That potential deal would give the companies control over a majority of the U.S. food delivery business. Uber has not commented on those reports.

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