Tom White | Source | Managing Director, Senior Research Analyst at D.A. Davidson & Co.
Tom White
Managing Director, Senior Research Analyst at D.A. Davidson & Co.
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Despite a spike in orders, none of the top food-delivery apps are turning a profit. That has caused discussion about mergers to swirl for some time. The pandemic has sped up those deliberations. We've long believed that consolidation in online food delivery is inevitable.
20 October 2020
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20 October 2020article
Uber Woos Grubhub, In A Move Lawmaker Calls 'Pandemic Profiteering'The merger talks have yet to reach a deal, but if both sides strike an accord, the combined company would emerge as the dominant player in food delivery with 55% of the U.S. market.
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D.A. Davidson & Co.
Managing Director, Senior Research Analyst