Unveiling the hottest food and delivery trends for the first half of 2017, data shows that people are turning to bite-sized foods, charcuterie and long-time favorites such as chicken fried steak and barbecue this year…Read more »
Grubhub generates 39% revenue growth in the first quarter
CHICAGO, April 27, 2017 /PRNewswire/ — Grubhub Inc. (NYSE: GRUB), the nation’s leading takeout marketplace, today announced financial results for the first quarter ended March 31, 2017. DAGs grew 21% year-over-year, and the Company posted quarterly revenues of $156.1 million, which is a 39% year-over-year increase from $112.2 million in the first quarter of 2016.
“More new diners tried Grubhub than ever before in the first quarter. We are seeing clear signs of success from a more diverse restaurant base, broader marketing reach, and continuous improvement of our product,” said Matt Maloney, Grubhub CEO. “We already had the most comprehensive takeout marketplace in the U.S., and delivery has enabled our restaurant network to grow significantly in both breadth and depth, making Grubhub the place to go for online takeout.”
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Today, we are excited to announce our Reorder with Grubhub Alexa skill! Now, diners can reorder food from Grubhub’s network of more than 50,000 restaurants using only their voice. The Grubhub skill for Alexa is available for all Grubhub diners who have a device with Amazon Alexa such as the Amazon Echo, Echo Dot and. . .Read more »
Grubhub generates 38% revenue growth in the fourth quarter
CHICAGO, Feb. 8, 2017 /PRNewswire/ — Grubhub Inc. (NYSE: GRUB), the nation’s leading takeout marketplace, today announced financial results for the quarter and year ended Dec. 31, 2016. Orders grew 21% year-over-year, and the Company posted quarterly revenues of $137.5 million, which is a 38% year-over-year increase from $100.0 million in the fourth quarter of 2015.
“Grubhub had a transformative year in 2016. We dramatically improved our product and reaccelerated order growth. Fueled by data-driven product enhancements, substantial strides in delivery, and a refreshed marketing approach, we exited the year growing DAGs faster than we did a year ago,” said Matt Maloney, Grubhub CEO. “With Grubhub delivery now in roughly 70 markets across the country and a significantly improved restaurant network, we enter 2017 well positioned to press our market leading advantage and give Grubhub growth momentum for years to come.”
Restaurant Recap Makes Managing Online Ordering More Transparent Than Ever
CHICAGO– January 23, 2017– Grubhub, the nation’s leading takeout marketplace, released Restaurant Recap, the company’s new yearly summary for Grubhub’s restaurant partners. In beta and available to a select number of Grubhub restaurants, Restaurant Recap highlights the specific accomplishments of a restaurant including, total sales, reviews insights and top grossing items.Read more »
Deciding What’s for Dinner When You Have an Empty Fridge Just Got Easier
Grubhub, the nation’s leading takeout marketplace, has announced an exciting collaboration with Samsung that makes it easier than ever to solve an age old problem when faced with an empty fridge – figuring out what’s for dinner. Grubhub will be available on the touchscreen of the Family Hub 2.0 refrigerator, making it possible to order a meal for delivery, all with a few taps on the refrigerator door.Read more »
Preorder, Map Based Search and Express Reorder allow for an even easier takeout experience
November 17, 2016– Grubhub, the nation’s leading takeout marketplace today announced the launch of new features to make its platforms even easier for diners to use: Preorder, Express Reorder and Map Based Search. The features make online and mobile ordering more seamless than ever and are available to all of Grubhub’s diners.
These features will help diners find food from their local favorites quickly, whether they are at home or on the go, and are perfect for any lifestyle: busy parents, working professionals, or diners new to a neighborhood.Read more »
Grubhub generates 44% revenue growth in the third quarter
CHICAGO, Oct. 26, 2016 /PRNewswire/ — Grubhub Inc. (NYSE: GRUB), the nation’s leading takeout marketplace, today announced financial results for the quarter ended Sept. 30, 2016. Order growth accelerated to 26% year-over-year, and the Company posted quarterly revenues of $123.5 million, which is a 44% year-over-year increase from $85.7 million in the third quarter of 2015.
“We are pleased with Grubhub’s third quarter growth, as we continue building the most comprehensive marketplace for restaurants and takeout diners. Our product improvements and investment in delivery continue to generate high levels of sustainable growth,” said Matt Maloney, Grubhub CEO. “Grubhub is now delivering for restaurant partners in over 60 markets nationwide, and our growth rate is generally highest in markets where a substantial percentage of orders are being delivered by our drivers.”Read more »
CHICAGO, Oct. 18, 2016 /PRNewswire/ — Grubhub Inc. (NYSE: GRUB), the nation’s leading online and mobile food-ordering and delivery platform, today announced two additions to its Board of Directors: Linda Johnson Rice, Chairman of Johnson Publishing Company and Chairman Emeritus of EBONY Media Holdings, and David Habiger, a successful entrepreneur, former public company CEO and. . .Read more »