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2 mins read
CREDIT SUISSE: GrubHub's recent acquisition may take time to pay off
Fresh on the heels of the company's $287.5 million Eat24 acquisition, Credit Suisse analyst Paul Bi…
Graham Rapier
2 mins read
Trump praises the oil rally, says energy companies 'are starting to look very good again'
The oil rally creates "the BEST of all Worlds" as Americans can enjoy low gas prices while energy f…
Ben Winck
2 mins read
'One of the greatest wealth transfers in history': Stocks have rebounded because the pandemic is sparing big companies, Jim Cramer says
"Social distancing has become the real bane of small business, and a boon to the larger ones," Cram…
Theron Mohamed
3 mins read
Dow soars 829 points after surprising jobs report shows unemployment fell in May
Employers added 2.5 million payrolls in May, stunning experts who expected 7.5 million lost jobs. T…
Ben Winck
3 mins read
Here's What The GrubHub IPO Means For The Payments And Mobile Industries [CHARTS]
In the IPO filing, the company estimates that 32% of U.S. restaurant spend at independent restauran…
John Heggestuen,Tony Danova
5 mins read
The online food delivery business is booming, and everybody wants a piece of GrubHub's action
For its part, GrubHub bought a pair of food delivery startups as it ramps up a plan to start delive…
Jonathan Marino
1 min read
Food Delivery Company GrubHub Is Valued At $2 Billion And It Will Start Trading This Morning
In its S1, GrubHub described what it does by saying, "We provide restaurants with more orders, help…
5 mins read
Delivery is set to be restaurants' biggest challenge in 2020, as workers battle 'tablet hell' and customers brace for price increases
With more delivery partners to work with, employees say they've been thrust into what has been deem…
Kate Taylor
2 mins read
This Obscure Legend About A 19th Century Livestock Trader Explains Why GrubHub Shares Are Down Today
"And, in earlier days, a company that drastically diluted its shares (with large amounts of convert…
Myles Udland
2 mins read
Zoom raised its IPO price range and could begin trading Thursday with $9 billion valuation
Pinterest, another member of the unicorn IPO cohort, also priced its IPO last wek at a valuation be…
Becky Peterson
3 mins read
Harvard researchers say that Lyft investors will likely come to regret giving the cofounders so much control with so little stock
In one scenario, Bebchuk and Kastiel found that Lyft's founders would be incentivized to reject a w…
Becky Peterson
2 mins read
PagerDuty seeks $1.69 billion valuation in its upcoming IPO and raises its price range, even as Lyft falters on the public markets
Though its debut was successful, Lyft spent the following week trading below its opening price on t…
Becky Peterson
2 mins read
STOCKS GO NOWHERE: Here's what you need to know
Don't Miss: In 1965, Warren Buffett was worried that he was getting too big to beat the market »And…
Akin Oyedele
4 mins read
Lyft could be worth $5 billion more than its most recent private valuation - here's how to price the ride-hailing company on public markets
Bikes likely won't add much revenue or profit for the company, Rao said, and the purchase price has…
Graham Rapier
1 min read
STOCKS MAKE HUGE COMEBACK: Here's What You Need To Know
A trader pauses amidst the activity in the S&P 500 pit at the Chicago Mercantile Exchange, Octo…
Sam Ro
2 mins read
STOCKS RIP HIGHER AFTER GOOD JOBS REPORT: Here's What You Need To Know
S&P500: 1,770.54 +23.39, +1.34% Dow: 15,761.72 +167.74, +1.08% NASDAQ: 3,919.23 +61.90, +1.60…
Rob Wile
5 mins read
Insider Today: A Google loophole exposed
A Google loophole brings advertisements for illegal drugs hosted on defaced government websites to …
Dan DeFrancesco
3 mins read
Legendary VC Bill Gurley warns of a tougher era for tech investors, praises Jeff Bezos, and casts doubt on the metaverse in a new interview. Here are the 10 best quotes.
Startups could previously raise money easily and not worry about profits, but now they face higher …
Theron Mohamed
1 min read
Billionaire investor Seth Klarman takes a $645 million stake in food-delivery app Just Eat
Just Eat completed its $7.3 billion acquisition of Grubhub this year, becoming the world's largest …
Shalini Nagarajan
2 mins read
Just Eat CEO says running a public company is 'like being in high school again' after Twitter spat with Uber CEO
The CEO got into a Twitter spat with Uber's CEO last week after Uber Eats announced it would be exp…