11/24/2023 0 Comments Uber grubhub takeover![]() ![]() Analysts say that the mostly unprofitable food delivery firms need to consolidate in order to survive but the surge of at-home orders during the pandemic has raised concerns over competition, and some unpalatable tactics that impact restaurants. The coronavirus pandemic has pushed the need for consolidation within the food delivery industry into sharp focus. The takeover is set to be completed early next year, as it needs to be approved by regulators and both sets of shareholders. The takeover coincides with a surge in demand for food ordering and delivery services prompted by the coronavirus pandemic that has kept millions of people at home.
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