Posts by Katie Norris


Grubhub Reports Record Second Quarter Results

Announces acquisition of LevelUp to accelerate technology integrations and provide the most comprehensive ordering and fulfillment solution

CHICAGO, July 25, 2018 — Grubhub Inc. (NYSE: GRUB), the nation’s leading online and mobile food-ordering and delivery marketplace, today announced financial results for the second quarter ended June 30, 2018. For the second quarter, the Company posted revenues of $240 million, which is a 51% year-over-year increase from $159 million in the second quarter of 2017. Gross Food Sales grew 39% year-over-year to $1.2 billion, up from $880 million in the year ago period. Grubhub today also announced it entered into an agreement to acquire Boston-based LevelUp, the leader in mobile diner engagement and payment solutions for national and regional restaurant brands.

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Grubhub Delivery Adds New Markets Nationwide

From Florida to California, Texas to Maine, Grubhub opens up new delivery capabilities for restaurants to provide even more options for diners

CHICAGO, July 19, 2018 — Grubhub, the nation’s leading online and mobile food-ordering company, has expanded its delivery capabilities to dozens of additional markets across 17 states, opening up local restaurants to new customers and providing diners with increased restaurant choice and variety.

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Grubhub Partners with Jack in the Box® to Bring Food Directly to Diners’ Homes

Partnership Includes Door-to-Door Delivery and Point of Sale Integration

CHICAGO and SAN DIEGO, May 10, 2018 Grubhub (NYSE: GRUB), the nation’s leading online and mobile food-ordering company, today announced it is partnering with Jack in the Box® to provide delivery for hundreds of locations across the country. Grubhub’s leading network of 15 million active diners will now be able to enjoy popular Jack in the Box menu items such as the delicious Buttery Jack® burger, seasoned curly or regular fries and the fan favorite two tacos, simply by ordering from Grubhub’s online and mobile platforms.

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Grubhub Reports Record First Quarter Results

Grubhub generates 49% revenue growth in the first quarter

CHICAGO, May 1, 2018 — Grubhub Inc. (NYSE: GRUB), the nation’s leading online and mobile food-ordering and delivery marketplace, today announced financial results for the first quarter ended March 31, 2018. For the first quarter, the Company posted revenues of $232.6 million, which is a 49% year-over-year increase from $156.1 million in the first quarter of 2017. Gross Food Sales grew 39% year-over-year to $1.2 billion, up from $898 million in the year-ago period.

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Grubhub Makes Ordering Food with Friends Even Easier with Venmo Integration

New payment option offers diners another quick and secure way to pay for the food they love, while also allowing them to more easily split the bill

CHICAGO and NEW YORK, April 17, 2018 — Grubhub (NYSE: GRUB), the nation’s leading online and mobile food-ordering company, today announced the availability of Venmo as a payment option for their diners.

Diners purchasing food on Grubhub, Seamless, or Eat24 mobile apps can now pay with their Venmo balance, linked bank account or debit card. Once the order is placed, diners can split the bill with Venmo, making it easier than ever to share the costs of group food orders with friends. This functionality is available to anyone who has the Venmo app installed on their mobile device and will automatically show up in their available payment options at checkout.

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Grubhub and American Express Enable Card Members to Use Pay with Points and Amex Express Checkout to Order Takeout

Diners now have more ways to pay with American Express on Grubhub and Seamless online and mobile apps

CHICAGO – Feb. 21, 2018Grubhub, the nation’s leading online and mobile food-ordering company, today announced it is working with American Express, a longtime supporter of the restaurant industry, to enable Card Members enrolled in the Membership Rewards® program to use Membership Rewards® points to order on Grubhub and Seamless online and mobile platforms. Additionally, American Express Card Members can quickly and easily pay via Amex Express Checkout.

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Grubhub Expands Partnership with Foursquare to Bring Restaurant Delivery to More Users Nationwide

Companies uncover favorite local dishes and highlight top restaurants

CHICAGO and NEW YORK, Feb. 13, 2018Grubhub (NYSE: GRUB), the nation’s leading online and mobile food-ordering company, today announced an expansion of its partnership with Foursquare, a technology company that uses location intelligence to build meaningful consumer experiences and business solutions. Foursquare City Guide users across the country now have the ability to order from over 57,000 local Grubhub restaurants that have listings on Foursquare’s online and mobile platforms. While browsing Foursquare City Guide, users can click the “order now” button to be directed to Grubhub’s online or mobile platforms to quickly and easily place an order.

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Yum! Brands and Grubhub Announce New U.S. Growth Partnership

Initially Includes Online Ordering for Pickup and Delivery from KFC and Taco Bell Restaurants in the U.S.
Yum! to Purchase $200M of Common Stock from Grubhub
Pizza Hut U.S. President Artie Starrs to Join Grubhub Board of Directors as an Independent Director

LOUISVILLE, KY and CHICAGO, IL, Feb. 8, 2018 – Yum! Brands (NYSE: YUM), one of the world’s largest restaurant companies, and Grubhub (NYSE: GRUB), the nation’s leading online and mobile takeout food-ordering company, today announced a new partnership to drive incremental sales to KFC and Taco Bell restaurants in the U.S. through online ordering for pickup and delivery. YUM also entered into an agreement with Grubhub to purchase $200 million of common stock, subject to customary closing conditions, an investment that will provide Grubhub with additional liquidity to accelerate expansion of its industry-leading U.S. delivery network, drive more orders to YUM restaurants, and further enhance the ordering and delivery experience for diners, restaurants and drivers.

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Grubhub Reports Record Fourth Quarter Results

Grubhub generates 49% revenue growth in the fourth quarter

CHICAGO, Feb 8, 2018 — Grubhub Inc. (NYSE: GRUB), the nation’s leading takeout marketplace, today announced financial results for the fourth quarter ended Dec. 31, 2017. For the fourth quarter, the Company posted revenues of $205.1 million, which is a 49% year-over-year increase from $137.5 million in the fourth quarter of 2016. Gross Food Sales grew 39% year-over-year to $1.1 billion, up from $818 million in the year ago period.

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Grubhub and White Castle® Introduce Delivery from Nation’s Foremost Slider Experts

Partnership kicks off with sweepstakes to win Crave Mobile® food truck delivery during football’s biggest night

CHICAGO and COLUMBUS, Ohio, Jan. 10, 2018Grubhub (NYSE: GRUB), the nation’s leading online and mobile food-ordering company, and White Castle, America’s first fast-food hamburger chain and the home of The Original Slider®, today announced a partnership that will offer delivery from Castles across the country, in markets where both brands are available.

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