Amazon Prime Members , Now Get Free Grubhub+ Delivery.
Amazon Prime Members , Now Get Free Grubhub+ Delivery.
'The Hill' reports that on July 6, Amazon and Grubhub struck a deal that will let U.S. Prime subscribers get free food delivery.
'The Hill' reports that on July 6, Amazon and Grubhub struck a deal that will let U.S. Prime subscribers get free food delivery.
Prime members can sign up for a free one-year membership of Grubhub+.
Prime members can sign up for a free one-year membership of Grubhub+.
I am incredibly excited to announce this collaboration with Amazon that will help Grubhub continue to deliver on our long-standing mission to connect more diners with local restaurants, Adam DeWitt, Grubhub CEO, via statement.
'The Hill' reports that the deal comes after Grubhub lost about $410 million in 2021.
Food delivery companies continue to struggle as the pandemic surge subsides.
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As part of the deal, Amazon has the option to buy a 2% stake in Grubhub.
As part of the deal, Amazon has the option to buy a 2% stake in Grubhub.
Another 13% stake can be purchased at a “formula-based price” reflective of how many new customers are brought in because of the deal.
Shares of competitors Uber and DoorDash fell on July 6 after news of the deal.
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'The Hill' reports Amazon has made similar food delivery moves in the U.K and Ireland with a company called Deliveroo.
'The Hill' reports Amazon has made similar food delivery moves in the U.K and Ireland with a company called Deliveroo
