Amazon takes stake in Just Eat’s struggling subsidiary Grubhub

George Iddenden
Grubhub has seen its share prices skyrocket after reports emerged that Just Eat and Delivery Hero are both interested in exploring a takeover deal.
AllGroceryTechnology

Amazon has taken a 2% stake in Just Eat Takeaway.com’s (JET) struggling US subsidiary, Gruhub, giving Prime members access to the service for a year.

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George Iddenden

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Amazon takes stake in Just Eat’s struggling subsidiary Grubhub

Grubhub has seen its share prices skyrocket after reports emerged that Just Eat and Delivery Hero are both interested in exploring a takeover deal.

Amazon has taken a 2% stake in Just Eat Takeaway.com’s (JET) struggling US subsidiary, Gruhub, giving Prime members access to the service for a year.

READ THE FULL STORY HERE

Click here to sign up to Retail Gazette‘s free daily email newsletter

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