Grubhub’s $650 million sale faces scrutiny after data breach

1 day ago · The news: Food delivery app Grubhub reported a massive data breach that compromised the names, emails, addresses, phone numbers, and partial credit card numbers …

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Grubhub’s $650 Million Sale Faces Scrutiny After Data Breach

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1 day ago · The news: Food delivery app Grubhub reported a massive data breach that compromised the names, emails, addresses, phone numbers, and partial credit card numbers …

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Grubhub Confirms Data Breach Affecting Customers And Drivers

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1 day ago · New York-based Wonder Group acquired the company last fall in a deal valued at $650 million — a fraction ... a data breach impacting the personal data of an undisclosed …

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Grubhub Just Sold For $650 Million. Four Years Ago It Was Worth

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Nov 13, 2024 · Europe’s biggest meal delivery firm Just Eat Takeaway TKWY.AS said on Wednesday it had struck a deal to sell its U.S. unit Grubhub to Wonder for $650 million, …

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Just Eat Takeaway Sells Grubhub For $650 Million, Just 3 Years After ...

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Nov 13, 2024 · European food delivery giant Just Eat Takeaway.com is selling Grubhub for $650 million, a fraction of the billions it spent to buy the U.S. platform just three years ago. Wonder …

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What Grubhub’s $650M Sale Means For The Future Of Food …

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Nov 20, 2024 · Just Eat Takeaway is selling Grubhub to Wonder, a delivery-focused restaurant chain, for $650 million just four years after acquiring the U.S. food delivery app in a multibillion …

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Grubhub To Pay $25M To Settle FTC Lawsuit Over Hidden Fees

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Dec 17, 2024 · The result is a harsh blow for Grubhub, which has struggled relative to competitors DoorDash and Uber Eats in recent years. Last month, parent company Just Eat …

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Grubhub Sold At A 90% Loss: What Does It Mean For The Future?

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Dec 16, 2024 · Grubhub recently sold for $650 million, a 90% loss over the price paid of $7.3 billion in 2020. This raises big questions about the sustainability and future of delivery service …

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Grubhub Hit With $25M Penalty For Deceiving Diners, Drivers, And ...

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Dec 17, 2024 · But Grubhub’s deception harms ... the FTC and Illinois attorney general’s office were asking for a $140 million judgment but reduced it to $25 million based on Grubhub’s …

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Just Eat Takeaway Sells Grubhub For $650 Million, Just 3 Years …

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Nov 13, 2024 · NEW YORK (AP) — European food delivery giant Just Eat Takeaway.com is selling Grubhub for $650 million, a fraction of the billions it spent to buy the U.S. platform just …

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Just Eat Takeaway Sells Grubhub For $650 Million, Just 3 Years …

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Nov 14, 2024 · European food delivery giant Just Eat Takeaway. NEW YORK — European food delivery giant Just Eat Takeaway.com is selling Grubhub for $650 million, a fraction of the …

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$25 Million Grubhub Settlement 2025: Payout And Major Platform …

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Dec 18, 2024 · Grubhub, one of the most popular food delivery services in the U.S., has agreed to a $25 million settlement to resolve a Federal Trade Commission (FTC) lawsuit accusing the …

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FAQs about Grubhub’s $650 million sale faces scrutiny after data breach Coupon?

Did Grubhub have a data breach?

On Monday, the Illinois-based company disclosed a data breach impacting the personal data of an undisclosed number of customers, merchants, and drivers. Grubhub said it detected “unusual activity” in its network, which it traced to a third-party service provider. ...

Who owns Grubhub?

Grubhub is a popular food-ordering and delivery platform with more than 375,000 merchants and 200,000 delivery providers using its platform in more than 4,000 U.S. cities. New York-based Wonder Group acquired the company last fall in a deal valued at $650 million — a fraction of the $7.3 billion Just Eat Takeaway paid for it back in 2020. ...

Is Grubhub affecting sales?

And customers jumping between apps can make it difficult to keep sales stable. As of March 2024, numbers from data analytics firm Bloomberg Second Measure showed that Grubhub made up only 8% of meal delivery consumer spending in the U.S. — far less than DoorDash or Uber Eats. ...

What happened to Grubhub?

(NEXSTAR) — Food delivery service Grubhub says a “security incident” allowed “unauthorized access” to the contact information for an unknown number of customers and drivers. The breach involved a third-party service provider, the company said Monday, explaining that an investigation was recently launched after “unusual activity” was detected. ...

Why did Grubhub get a $25 million settlement?

Illinois Attorney General Kwame Raoul and the Federal Trade Commission announced a $25 million settlement with Chicago-based food delivery app Grubhub Tuesday after the company allegedly deceived customers, delivery drivers and restaurants to boost its own growth and profit. ...

Does Grubhub have a debt?

On Tuesday, the Dutch food delivery giant said it completed the sale of the U.S. business to Wonder, the food startup founded and led by e-commerce veteran Marc Lore. The deal has an enterprise value of $650 million, but Grubhub is coming laden with $500 million of debt. ...