Grubhub Stock News

Equity index futures are pointing lower before the open as the S&P 500 (SPX) tests resistance at its all-time high. After a three-day rally, investors appear to be taking a break ahead of Friday’s

Zacks Investment Research upgraded shares of Just Eat Takeaway.com (NYSE:GRUB) from a hold rating to a buy rating in a research note published on Tuesday, Zacks.com reports. The brokerage currently has $12.00 price objective on the information services providers stock. According to Zacks, Just Eat Takeaway.com provides an online food delivery marketplace. It is focused []

Just Eat Takeaway.com (NYSE:GRUB) was upgraded by Zacks Investment Research from a hold rating to a buy rating in a note issued to investors on Tuesday, Zacks.com reports. The firm presently has a $12.00 price target on the information services providers stock. Zacks Investment Researchs price objective points to a potential upside of 3.72% from []

Third-party food delivery companies in Europe aren't doing so hot. The European Commission, the executive branch of the EU, is scheduled to meet this week to propose what speculators believe will be s

European peers Just Eat Takeaway and Delivery Hero also fell about 5% each on fears of the European Commission''s proposal concerning employment rights and the status of gig economy workers hitting the profitability of these companies. Oil majors BP and Royal Dutch Shell added almost 2% each as crude prices jumped on hopes that the Omicron variant would have a less damaging economic impact if its symptoms proved mostly mild.

The food delivery sector was crushed again on Monday, on expectations of new European rules.

Bill Gurley is a General Partner @ Benchmark, one of the most successful funds of the last decade with a portfolio including Uber, Twitter, Dropbox, Modern Treasury, Snapchat, StitchFix, and many more. As for Bill, widely recognized as one of the greats in venture having worked with GrubHub, NextDoor, Uber, OpenTable, Stitch Fix and Zillow. Prior to Benchmark, Bill was a partner with Hummer Winblad Venture Partners. Michael Eisenberg spent 15 years as a General Partner @ Benchmark working alongside Bill and the Benchmark partnership. Following Benchmark, Michael co-founded Aleph, one of the leading Israeli venture funds of the last decade with The post 20VC: Bill Gurley and Michael Eisenberg on The First Signs of an Impending Bust, What Happens with a Market Crash, How Do Public Markets Impact Private Valuations & The Biggest Lessons from 20 Years Investing in Venture appeared first on 20VC .

A food delivery service has announced a new partnership with Bitcoin rewards app Lolli, where users will be rewarded Bitcoin when they order food. On Wednesday, December 1, Lolli announced that it will be partnering with Grubhub to bring Bitcoin (BTC) rewards to the food delivery platforms hungry customer base. The announcement can be found [] The post This food delivery service will give you free Bitcoin when you order appeared first on TECHTELEGRAPH .

Zacks Investment Research lowered shares of Just Eat Takeaway.com (NYSE:GRUB) from a buy rating to a hold rating in a research note released on Friday, Zacks.com reports. According to Zacks, Just Eat Takeaway.com provides an online food delivery marketplace. It is focused on connecting consumers and restaurants through its platforms. The company operates principally in [] The post Just Eat Takeaway.com (NYSE:GRUB) Downgraded by Zacks Investment Research appeared first on ETF Daily News .

Speculation that the European Commission is set to propose strict labour rules to regulate the gig economy have sent shares of companies in the sector sharply lower on Monday.

Wells Fargo & Company MN grew its stake in shares of Just Eat Takeaway.com (NYSE:GRUB) by 1,916.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 420,303 shares of the information services providers stock after buying an additional 399,463 shares during the quarter. []

Food delivery service use skyrocketed when dining rooms closed, and consumers appetites for these services show no signs of waning. A January study found that food delivery sales soared 164% year over year, and 25% more Americans reported using food delivery aggregators such as DoorDash, Grubhub and Uber Eats. Sales for these services were still []

Grubhub, an American online food delivery platform, has come up with an exciting new way to engage its users. The company has partnered with Bitcoin rewards company Lolli to allow its users to earn Bitcoin (BTC) on every order. Integrating crypto into a simple routine activity like ordering food online, is yet another effort at driving crypto adoption. Related Reading | Fold Launches First-Ever AR With Free Bitcoin Rewards Experience Lolli has partnered with many companies in various sectors to offer customers BTC rewards. Serving Bitcoin With Food In a Wednesday announcement, Lolli said that Grubhub customers will earn $5 in BTC on their first order. Subsequently, they would get $1 in BTC on other food orders using the platforms extension. Before users can enjoy this benefit, they must activate Lolli on web or mobile before placing an order at Grubhub. And after a user earns up to $15, or roughly 0.00026 BTC at the current price of $56,902, they would be able to transfer it to their own virtual wallet.