What started as a simple way to order food from Chicago restaurants has grown into an online food-delivery empire worth over $4 billion. Since its merger with Seamless in 2013, Grubhub—which also owns brands like AllMenus and MenuPages—has enjoyed 53% year-over-year growth in revenue and made takeout as simple as a tap on an app. With 75,000 restaurants in over 1,200 U.S. cities and London, the next challenge is to hold off megacompetitors like [f500link]Amazon[/f500link] and Uber in the food-delivery turf wars. To do so, Grubhub is betting on innovations like Grubhub for Restaurants, its next-gen, in-restaurant platform to help eateries update menus in real time and track driver locations.
Internet Services and Retailing
Matthew M. Maloney
|Revenues ($M) (Past 12 Months)||$576|
|Profits ($M) (Past 12 Months)||$59|
|Market Value as of Oct. 9, 2017 ($M)||$4,430|