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Uber Approaches Grubhub With Takeover Offer

  • Move comes as company pulls Uber Eats out of some markets
  • Deliberations are ongoing and talks may still fall through
Bloomberg business news
Watch: Uber Technologies Inc. has made an offer to acquire Grubhub Inc., according to people familiar with the matter. (Source: Bloomberg)
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Uber Technologies Inc. has made an offer to acquire Grubhub Inc., a move that could combine two of the largest food-delivery apps in the U.S. as the coronavirus drives a surge in demand, according to people familiar with the matter.

The companies are in talks about a deal and could reach an agreement as soon as this month, said the people, who asked not to be identified because the matter isn’t public. Deliberations are ongoing, and talks could still fall through, the people said.