GrubHub Four-Letter Food Fear: U-B-E-R

By | August 17, 2015

Scalper1 News

GrubHub (GRUB) stock is facing pressure in online food delivery from rivals led by ride-summoning service Uber, which recently began highlighting its big push into food delivery with a new look on its app. The UberEats app had been buried at the bottom of the site. But starting last week, UberEats is listed prominently next to Uber’s car summoning icon, the latest salvo in the app-based food delivery service wars, wrote Cowen & Co. analyst Kevin Scalper1 News

Scalper1 News