Grubhub’s Rivals Won’t Get Eaten by Prime Partnership


Simply Eat Grubhub has landed itself a tasty snack, however don’t anticipate its U.S.-based opponents to starve.

Shares of the Amsterdam-based supply firm jumped almost 15% on July 6 after it stated it struck a cope with to supply U.S. Prime subscribers one-year freed from Grubhub’s membership program, Grubhub+. As a part of the deal, Amazon will obtain warrants in Grubhub equal to 2% of Grubhub’s fairness and entry to warrants for an extra 13%.


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