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…
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Wonder is acquiring Grubhub
141–150 of 169 posts
Re: Wonder is acquiring Grubhub
#142Earlier 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…
> 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
#143Earlier 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?
Re: Wonder is acquiring Grubhub
#144Earlier 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.
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
#145Mentions 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?
Every country has one platform that wins, everyone else loses the billions. There's no second place.
Re: Wonder is acquiring Grubhub
#146Support 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…
Re: Wonder is acquiring Grubhub
#147whoa, 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…
Re: Wonder is acquiring Grubhub
#148Earlier 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.
Re: Wonder is acquiring Grubhub
#149Earlier 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.
Re: Wonder is acquiring Grubhub
#150Earlier 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.
UberEats, DoorDash, whoever