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Wonder is acquiring Grubhub

about.grubhub.com

141–150 of 169 posts

Re: Wonder is acquiring Grubhub

#141
post #140

Earlier quoted context omitted.

That's good for you. I prefer putting together my order with the menu on my phone, adding notes and having a moment to think about those notes, adding delivery instructions, tipping with the same credit card I pay with, tracking my order, having an order history I can view, and not bothering people who are busy running a restaurant and don't need to be talking to me on the phone since this has all been automated for…

[flagged]

c'mon man he means adding notes to the order like "put the sauce on the side" or "my building has two entrances, use the one on the left", you're being ridiculous.

Re: Wonder is acquiring Grubhub

#142
post #81

Earlier quoted context omitted.

I just call them, it's not like the phone company takes a cut when you order on the phone.

That's good for you. I prefer putting together my order with the menu on my phone, adding notes and having a moment to think about those notes, adding delivery instructions, tipping with the same credit card I pay with, tracking my order, having an order history I can view, and not bothering people who are busy running a restaurant and don't need to be talking to me on the phone since this has all been automated for…

honestly I order from five or so places with regularity and at each of those places there are two or three things I actually order. Most of the time I really don't think GrubHub is providing any value that merits giving them a cut. I know that I like the orange chicken at the Chinese place near me, the white pie from the New York pizza place, the drive-through burger from the burger place, etc, etc, etc. I don't really need a menu. But yeah, if I'm in a new place and I'm doing a whole browse and search affair, looking at a new menu, reading reviews and all that, I just use Grubhub. That's just not actually most of my delivery. Most of my delivery is "I don't feel like cooking dinner tonight" -> order from one of my regulars.

> And to be frank, many restaurant workers don't have the best English skills and may be in a loud environment, making phone calls more difficult.

Yeah I dunno this argument feels very alien to me, because even people with poor English skills know the names of the items on their menu. It's not like I'm calling them to have an in-depth conversation, I'm just naming items off of their menu. Also I call in for pickup for like half my orders and pick up myself. At a bunch of places the food is cheaper if you just call.

Re: Wonder is acquiring Grubhub

#143

Earlier quoted context omitted.

> how do you know what trades took place, and how many shares were traded, and at what price? Company generally has these records. Various other sources, e.g. PitchBook, compile them. In some jurisdictions ( e.g. UK and India) they have to be publicly announced, though that's becoming less common. TL; DR It is incredibly wrong to suggest private companies don't have a market cap. As in finance 101 wrong.

You don't think lack of liquidity, small number of transactions etc casts some doubt on the "true value" of those shares? Did they really go from some big number to some small number in an eyeblink with this latest transaction?

look at their about page, they have access that you don't have. They literally don't understand.

Re: Wonder is acquiring Grubhub

#144
post #108

Earlier quoted context omitted.

I’ll look up the addresses of restaurants on Uber Eats, using street view, before ordering. Most of them are at bodegas or otherwise non-restaurant spaces.

I recently saw a new burger joint pop up on Uber Eats with an address not far from my home. It turned out to be the address of the last remaining Ruby Tuesday restaurant in my area, but the burger place did not advertise any connection to Ruby Tuesday. Seemed very sketchy to me.

A ton of places are doing that. Restaurants that want to price things differently from their main. Or primarily in-store restaurant chains that don't want branding impacted by crappy delivery reviews. Keyword competition to improve sales. Menu, naming, picture, process experimentation. Additional placement in search results with different ranking. Bad review evasion. Limiting blast radius of bad reviews (eg, they still have a second high-rated listing for those X months they get less orders until a spat of negative reviews expire).

Basically, 'cheating' because it's not very honest, or can also be putting in extra effort to sell more and/or limit risk.

Re: Wonder is acquiring Grubhub

#145
post #10

Mentions the $650mln they'll pay Just Eat for it, neglects the fact Just Eat paid $7.3bln. Quite the write down. And in just 4 years.

Where did all the money go?

This is a winner takes all market. They spend it on becoming the US leader.

Every country has one platform that wins, everyone else loses the billions. There's no second place.

Re: Wonder is acquiring Grubhub

#146
post #15

Support your local restaurants. Don’t let these vampire platform companies enshitify your city’s food scene.

Which is an empty platitude if restaurants won't meet customers where they are - on their smartphones. I'll use my local restaurants' app/webpage when there is one and get pick-up, but if there isn't one, I'll be real - I just use Doordash. When I've got people over and need to order food, it'll take 45 mins between everything else going on to figure out a restaurant, and then another hour to pick some food. And then…

We used to order lunch for an office of 15 people just fine over the phone. We had a drawer stuffed with local takeout menus. The hardest part was deciding where to order from but that's the same with Doordash.

Re: Wonder is acquiring Grubhub

#147
post #88

whoa, they own Chai Pani and Fred's Meat and Bread, both of which are _excellent_ fast casual spots in Atlanta. It's just... it's like $28 for a Philly cheesesteak, so I've only been to each twice. edit: ok it's $16 each apparently, but still But also, they own physical chains, real estate ("food halls" aka bougie food courts) and now... meal delivery? It sounds like the most expensive-to-operate things all squashed…

I don’t think they necessarily own the restaurants. They license the menu and cook/sell from a ghost kitchen.

Re: Wonder is acquiring Grubhub

#148
post #71

Earlier quoted context omitted.

> Earlier investors. Ever hear of pump and dump? When did GrubHub buy early investors' shares with company cash?

Early investors had already “sold” the company well before this transaction: https://about.grubhub.com/news/grubhub-stockholders-approve-... It was an all stock transaction, so they maintained an indirect stake but it was significantly diluted: https://en.wikipedia.org/wiki/Just_Eat_Takeaway.com Meanwhile Just Eat Takeaway investors got taken for a ride.

This does not seem like pump and dump:

https://www.investopedia.com/terms/p/pumpanddump.asp

Re: Wonder is acquiring Grubhub

#149
post #108

Earlier quoted context omitted.

I recently saw a new burger joint pop up on Uber Eats with an address not far from my home. It turned out to be the address of the last remaining Ruby Tuesday restaurant in my area, but the burger place did not advertise any connection to Ruby Tuesday. Seemed very sketchy to me.

https://en.wikipedia.org/wiki/Virtual_restaurant Also chuck e cheese, tgi fridays run these.

Denny's has two or three different brands they will advertise as different restaurants in a single area.

Re: Wonder is acquiring Grubhub

#150
post #145
post #10

Earlier quoted context omitted.

Where did all the money go?

This is a winner takes all market. They spend it on becoming the US leader. Every country has one platform that wins, everyone else loses the billions. There's no second place.

There's zero reason for it to be winner take all.

UberEats, DoorDash, whoever

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