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Just Eat Takeaway to lay off employees in France due to poor performance
As part of a larger worldwide restructuring effort, Just Eat Takeaway is laying off 390 employees in France as it attempts to turn around its recent decline. In 2020, the Dutch competitor Takeawa...
Is Instacart on the stock Market?
Instacart is a delivery company that is focused on food, groceries, and pick up services in the United States of America and Canada. The company's headquarters is based in San Francisco, California.In...
Yum Brand sues Grubhub, claiming it violated distribution agreement
A lawsuit was recently filed against Grubhub by Yum Brands (YUM), owner of Pizza Hut, Taco Bell, and KFC, with allegations that Grubhub violated a distribution agreement between the companies. T...
Doordash is now worth $15 billion after new round of funding.
On Thursday, according to the Wall Street Journal report, DoorDash is close to securing new funding that would value it at more than $15B before the infusion. The company plans to raise the fund by se...
Food Delivery company Just Eat Takeaway to acquire Grubhub for $7.3 Billion
Europe-based food ordering company, Just Eat Takeaway announced on Wednesday that it had agreed to buy U.S peer Grubhub (GRUB) in an all-stock deal. Just Eat Takeaway stands to be the world’s larges...