Skip to content

Just Eat Shares Jump After Amazon Strikes Deal with Grubhub

  • Partnership gives US Prime users a one-year membership
  • Just Eat says it still wants to sell some or all of the unit
Apps Take Center Stage Amid Shelter-In-Place Covid-19 Guidelines
Photographer: Gabby Jones/Bloomberg
Updated on

Just Eat Takeaway.com NV’s shares jumped the most in almost four years after Amazon.com Inc. agreed to take a stake in its Grubhub business. 

The stake is part of a partnership where Amazon will offer US Prime users a one-year membership to the food delivery service, the Dutch company said in a statement on Wednesday.