GrubHub (GRUB) has sent Uber on its way, as it will sign on the dotted line with European company Just Eat Takeaway.Yesterday, the Nethe rlands-based food-delivery company announced that it had made an agreement with Grubhub to purchase the US food delivery app. The all share deal is worth $7.3 billion and not only represents consolidation of a food delivery powerhouse - the largest food delivery service outside China - but a coup for Just Eat, as up until yesterday, Uber Eats and GrubHub had been in talks regarding a possible merger.According to Just Eat, the deal will result in the new company having 70 million active customers in 25 countries. The acquisition is expected to close early next year.For a while now, GrubHub has been losing its footing in the food delivery space as the company has found it difficult to maintain a leading position in a competitive environment with...
Jer Goss, President of Goss RVs, joined Yahoo Finance's 'The Final Round' to discuss the spike in interest in RV travel over the past month as people start planning summer vacations. ...
I predicted the arrival of the coronavirus pandemic pretty accurately (see the predictions in this article). We took a defensive stance in our portfolio at the end of February, and switched back to a neutral stance right after the market bottom. For the past couple of months, we have been expecting easing of restrictions and […]...
The Federal Reserve decided to keep rates near zero and is planning to keep them that way through 2022. However the Fed could decide to utilize the ability to set rates below zero despite it spelling trouble for the U.S. Portfolio Manager and Managing Director at Thornburg Investment Management Bimal Shah joins The Final Round panel to discuss.
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Yahoo Finance's Jared Blikre joins Myles Udland to break down the day's price action in stocks as well as a short in Ulta Beauty (ULTA), today's Yahoo Finance Premium Investment Idea....
