Newsroom Archive Archives - Page 11 of 27

Grubhub Delivery Adds New Markets Nationwide

From Florida to California, Texas to Maine, Grubhub opens up new delivery capabilities for restaurants to provide even more options for diners

CHICAGO, July 19, 2018 /PRNewswire/ — Grubhub, the nation’s leading online and mobile food-ordering company, has expanded its delivery capabilities to dozens of additional markets across 17 states, opening up local restaurants to new customers and providing diners with increased restaurant choice and variety.

From local favorites like The Planing Mill Artisan Pizzeria in Visalia, CA and Cherry’s Jamaican Delight in Reading, PA to larger national and regional options such as Buffalo Wild Wings and Applebee’s, Grubhub has partnered with a range of restaurants to provide diners with the largest variety to order delivery from.

With the expansion in the second quarter, Grubhub’s delivery capabilities will now be available to restaurants in new markets, including:

Fayetteville, AR
Santa Barbara, CA
Santa Rosa, CA
Visalia, CA
Vallejo, CA
Cape Coral, FL
Palm Bay-Melbourne, FL
Pensacola, FL
Rockford, IL
South Bend, IN
Lexington, KY
Lafayette, LA
Springfield, MA
Portland, ME
Lansing, MI
Gulfport-Biloxi-Pascagoula, MS
Reno, NV
Salem, OR
Harrisburg, PA
Reading, PA
Scranton, PA
York & Hanover, PA
Beaumont-Port Arthur, TX
Brownsville-Harlingen, TX
McAllen-Edinburg-Mission, TX
Ogden, UT
Provo, UT
Spokane, WA

“Expanding our delivery capabilities throughout the U.S. is incredibly important and an effort we continue to make significant progress on,” stated Stan Chia, chief operating officer, Grubhub. “A key priority is empowering our local restaurant partners with more opportunities to reach new audiences, and with every market we launch, we’re able to connect even more diners with the widest selection of choice.”

Grubhub has always connected diners with restaurants that supply their own drivers. With Grubhub delivery, restaurants without their own delivery capabilities now have the opportunity to leverage Grubhub’s large and growing network of drivers to expand their customer base and grow order volume. This also provides better restaurant choices and variety for Grubhub diners, as more restaurants can now offer their menus for delivery.

To find takeout restaurants available in your area, check out grubhub.com. If you are interested in becoming a Grubhub driver, please visit driver.grubhub.com. To find out how your restaurant can join Grubhub, check out get.grubhub.com. To learn more about Grubhub and its portfolio of brands, please visit newsroom.grubhub.com.

About Grubhub
Grubhub (NYSE: GRUB) is the nation’s leading online and mobile takeout food ordering marketplace with the largest and most comprehensive network of restaurant partners, as well as the largest diner base. Dedicated to connecting diners with the food they love from their favorite local restaurants, Grubhub strives to elevate food ordering through innovative restaurant technology, easy-to-use platforms and an improved delivery experience. Grubhub is proud to work with more than 80,000 restaurant partners in over 1,600 U.S. cities and London. The Grubhub portfolio of brands includes Grubhub, Seamless, Eat24, AllMenus and MenuPages.

Grubhub Partners with Jack in the Box® to Bring Food Directly to Diners’ Homes

Partnership Includes Door-to-Door Delivery and Point of Sale Integration

CHICAGO and SAN DIEGO, May 10, 2018 /PRNewswire/ — Grubhub (NYSE: GRUB), the nation’s leading online and mobile food-ordering company, today announced it is partnering with Jack in the Box® to provide delivery for hundreds of locations across the country. Grubhub’s leading network of 15 million active diners will now be able to enjoy popular Jack in the Box menu items such as the delicious Buttery Jack® burger, seasoned curly or regular fries and the fan favorite two tacos, simply by ordering from Grubhub’s online and mobile platforms.

Additionally, the two companies are working together to incorporate Grubhub’s groundbreaking point-of-sale (POS) integration into Jack in the Box’s in-house system, which allows restaurant operators to manage all of their orders, both in-house and delivery, from one device. Grubhub’s POS integration raises the bar for in-house restaurant technology efficiency by eliminating the need to use multiple tablets, offering restaurant employees a streamlined restaurant operations experience. This means more time for staff to focus on what matters most: serving up delicious food.

“We’re excited to add Jack in the Box to our growing list of chain partners, allowing Grubhub to continue to offer our diners the broadest and best set of restaurants,” said Stan Chia, chief operating officer, Grubhub. “Diners will benefit from having their favorite Jack in the Box menu items, Jack’s Spicy Chicken® sandwich and curly fries, delivered to their doorsteps, and we’re happy to make delivery easier for specific locations by integrating directly into their own point-of-sale systems.”

“We are thrilled to partner with Grubhub for marketplace originated delivery and expand upon our budding roster of delivery partners,” said Iwona Alter, Chief Marketing Officer at Jack in the Box. “We look forward to continuing to deliver convenient food experiences to Jack in the Box fans while granting them even more access to some of their favorite late-night and classic Jack menu items.”

Online ordering and delivery from Jack in the Box via Grubhub is now available at hundreds of locations in over 20 markets, including Los Angeles, San Diego, San Francisco, Dallas, Phoenix, Denver, St. Louis and Las Vegas. To kick off the partnership, the companies will offer free Jack in the Box delivery, with minimum purchase, from all available stores, May 10-16, 2018. Grubhub plans to expand to hundreds more Jack in the Box locations throughout 2018.

To find takeout restaurants available in your area, please visit grubhub.com, and for more information on Grubhub, please visit newsroom.grubhub.com.

About Grubhub
Grubhub (NYSE: GRUB) is the nation’s leading online and mobile takeout food-ordering marketplace with the largest and most comprehensive network of restaurant partners, as well as the largest diner base. Dedicated to connecting diners with the food they love from their favorite local restaurants, Grubhub strives to elevate food ordering through innovative restaurant technology, easy-to-use platforms and an improved delivery experience. Grubhub is proud to work with more than 80,000 restaurant partners in over 1,600 U.S. cities and London. The Grubhub portfolio of brands includes Grubhub, Seamless, Eat24, AllMenus and MenuPages.

About Jack in the Box Inc.
Jack in the Box Inc. (NASDAQ: JACK), based in San Diego, is a restaurant company that operates and franchises Jack in the Box® restaurants, one of the nation’s largest hamburger chains, with more than 2,200 restaurants in 21 states and Guam. For more information on Jack in the Box, including franchising opportunities, visit www.jackinthebox.com.

Grubhub Reports Record First Quarter Results

Grubhub generates 49% revenue growth in the first quarter

CHICAGO, May 1, 2018 /PRNewswire/ — Grubhub Inc. (NYSE: GRUB), the nation’s leading online and mobile food-ordering and delivery marketplace, today announced financial results for the first quarter ended March 31, 2018. For the first quarter, the Company posted revenues of $232.6 million, which is a 49% year-over-year increase from $156.1 million in the first quarter of 2017. Gross Food Sales grew 39% year-over-year to $1.2 billion, up from $898 million in the year-ago period.

“Our team executed well in the first quarter, making meaningful progress toward our most significant goals for 2018. We’ve already launched dozens of new delivery markets, completed our Yelp and Eat24 integrations a quarter earlier than expected, and attracted a record quarterly number of organic new diners,” said Grubhub CEO Matt Maloney. “Our restaurant partnerships are broader and deeper than ever before, increasing our value to diners and driving sustained diner and order growth.”

First Quarter 2018 Highlights

The following results reflect the financial performance and key operating metrics of our business for the three months ended March 31, 2018, as compared to the same period in 2017.

First Quarter Financial Highlights

Revenues: $232.6 million, a 49% year-over-year increase from $156.1 million in the first quarter of 2017.
Net Income: $30.8 million, or $0.34 per diluted share, a 74% year-over-year increase from $17.7 million, or $0.20 per diluted share, in the first quarter of 2017.
Non-GAAP Adjusted EBITDA: $64.1 million, a 51% year-over-year increase from $42.5 million in the first quarter of 2017.
Non-GAAP Net Income: $47.2 million, or $0.52 per diluted share, an 88% year-over-year increase from $25.1 million, or $0.29 per diluted share, in the first quarter of 2017.

First Quarter Key Business Metrics Highlights

Active Diners were 15.1 million, a 72% year-over-year increase from 8.8 million Active Diners in the first quarter of 2017.
Daily Average Grubs (DAGs) were 436,900, a 35% year-over-year increase from 324,600 DAGs in the first quarter of 2017.
Gross Food Sales were $1.2 billion, a 39% year-over-year increase from $898 million in the first quarter of 2017.

“Organic DAG growth accelerated for the second quarter in a row, fueled by the most comprehensive restaurant marketplace and our efficient delivery,” said Grubhub President and CFO Adam DeWitt. “Our scale continues to generate improving profitability, leading to strong EBITDA per order of $1.63 during the first quarter, even as we push hard on delivery market expansion and spreading diner awareness.”

Second Quarter and Full Year 2018 Guidance

Based on information available as of May 1, 2018, the Company is providing the following financial guidance for the second quarter and full year of 2018:

	Second Quarter 2018	Full Year 2018
	(in millions)
Expected Revenue range	$228 – $236	$930 – $965
Expected Adjusted EBITDA range	$59 – $65	$242 – $262

First Quarter 2018 Financial Results Conference Call
Grubhub will webcast a conference call today at 9 a.m. CT to discuss the first quarter 2018 financial results. The webcast can be accessed on the Grubhub Investor Relations website at http://investors.grubhub.com, along with the Company’s earnings press release and financial tables. A replay of the webcast will be available at the same website until May 15, 2018.

Use of Forward Looking Statements
This press release contains forward-looking statements regarding Grubhub, “the Company’s” or our management’s future expectations, beliefs, intentions, goals, strategies, plans and prospects, including the expected benefits to, and financial performance of, Grubhub following the acquisition of Eat24 and its commercial agreements with Yelp and Yum! Brands. Such statements constitute “forward-looking statements”, which are subject to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements involve substantial known and unknown risks, uncertainties and assumptions that could cause actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and uncertainties include, but are not limited to, the matters set forth in the filings that we make with the Securities and Exchange Commission from time to time, including those set forth in the section entitled “Risk Factors” in our Annual Report on Form 10-K filed on February 28, 2018, which is on file with the SEC and is available on the Investor Relations section of our website at http://investors.grubhub.com. Additional information will be set forth in our Quarterly Report on Form 10-Q that will be filed for the quarter ended March 31, 2018, which should be read in conjunction with these financial results. Please also note that forward-looking statements represent management’s beliefs and assumptions only as of the date of this press release. Except as required by law, we disclaim any intention to, and undertake no obligation to, publicly update these forward-looking statements, or to update the reasons actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future.

Use of Non-GAAP Financial Measures
Adjusted EBITDA, non-GAAP net income and non-GAAP net income per diluted share attributable to common stockholders are financial measures that are not calculated in accordance with accounting principles generally accepted in the United States, or GAAP.

We define Adjusted EBITDA as net income adjusted to exclude acquisition, restructuring and certain legal costs, income taxes, interest income and expense, depreciation and amortization and stock-based compensation expense. Non-GAAP net income and non-GAAP net income per diluted share attributable to common stockholders exclude acquisition, restructuring and certain legal costs, amortization of acquired intangible assets, stock-based compensation expense and other nonrecurring items as well as the income tax effects of these non-GAAP adjustments. We use these non-GAAP financial measures as key performance measures because we believe they facilitate operating performance comparisons from period to period by excluding potential differences primarily caused by variations in capital structures, tax positions, the impact of acquisitions, restructuring and certain legal costs, the impact of depreciation and amortization expense on our fixed assets and the impact of stock-based compensation expense. Adjusted EBITDA, non-GAAP net income and non-GAAP net income per diluted share attributable to common stockholders are not measurements of our financial performance under GAAP and should not be considered as an alternative to performance measures derived in accordance with GAAP.

See “Schedule of Non-GAAP Financial Measures Reconciliation” below for a reconciliation of net income to Adjusted EBITDA, non-GAAP net income and non-GAAP net income per diluted share attributable to common stockholders.

GRUBHUB INC.
STATEMENTS OF OPERATIONS
(in thousands, except per share data)

	Three Months Ended March 31,
	2018		2017
Revenues	$	232,570	$	156,134
Costs and expenses:
Operations and support		96,283		59,519
Sales and marketing		48,756		35,438
Technology (exclusive of amortization)		17,331		13,192
General and administrative		17,697		13,181
Depreciation and amortization		20,951		10,040
Total costs and expenses		201,018		131,370
Income from operations		31,552		24,764
Interest (income) expense – net		1,022		(221)
Income before provision for income taxes		30,530		24,985
Income tax (benefit) expense		(236)		7,270
Net income attributable to common stockholders	$	30,766	$	17,715
Net income per share attributable to common stockholders:
Basic	$	0.35	$	0.21
Diluted	$	0.34	$	0.20
Weighted-average shares used to compute net income per share attributable to common stockholders:
Basic		87,085		85,874
Diluted		90,091		87,120

KEY OPERATING METRICS

	Three Months Ended March 31,
	2018		2017
Active Diners (000s)		15,078		8,751
Daily Average Grubs		436,900		324,600
Gross Food Sales (millions)	$	1,245.0	$	898.1

GRUBHUB INC.
CONSOLIDATED BALANCE SHEETS
(in thousands, except share data)

	March 31, 2018		December 31, 2017
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	272,258	$	234,090
Short-term investments		16,052		23,605
Accounts receivable, less allowances for doubtful accounts		100,129		95,970
Prepaid expenses and other current assets		9,847		6,818
Total current assets		398,286		360,483
PROPERTY AND EQUIPMENT:
Property and equipment, net of depreciation and amortization		79,399		71,384
OTHER ASSETS:
Other assets		6,697		6,487
Goodwill		589,862		589,862
Acquired intangible assets, net of amortization		504,011		515,553
Total other assets		1,100,570		1,111,902
TOTAL ASSETS	$	1,578,255	$	1,543,769
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Restaurant food liability	$	126,853	$	119,922
Accounts payable		12,202		7,607
Accrued payroll		9,897		13,186
Taxes payable		1,514		3,109
Short-term debt		4,688		3,906
Other accruals		34,237		26,818
Total current liabilities		189,391		174,548
LONG-TERM LIABILITIES:
Deferred taxes, non-current		71,316		74,292
Other accruals		17,207		7,468
Long-term debt		143,121		169,645
Total long-term liabilities		231,644		251,405
STOCKHOLDERS’ EQUITY:
Common stock, $0.0001 par value		9		9
Accumulated other comprehensive loss		(872)		(1,228)
Additional paid-in capital		856,443		849,043
Retained earnings		301,640		269,992
Total Stockholders’ Equity	$	1,157,220	$	1,117,816
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	1,578,255	$	1,543,769

GRUBHUB INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS
(in thousands)

	Three Months Ended March 31,
	2018		2017
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$	30,766	$	17,715
Adjustments to reconcile net income to net cash from operating activities:
Depreciation		5,050		2,412
Provision for doubtful accounts		325		95
Deferred taxes		(2,976)		(4,741)
Amortization of intangible assets		15,901		7,628
Stock-based compensation		10,231		7,243
Deferred rent		1,633		58
Amortization of deferred loan costs		333		124
Other		(243)		(234)
Change in assets and liabilities, net of the effects of business acquisitions:
Accounts receivable		3,918		(1,721)
Prepaid expenses and other assets		(3,516)		2,957
Restaurant food liability		6,885		11,297
Accounts payable		601		483
Accrued payroll		(3,295)		(1,534)
Other accruals		5,887		9,808
Net cash provided by operating activities		71,500		51,590
CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of investments		(10,537)		(57,783)
Proceeds from maturity of investments		18,166		55,833
Capitalized website and development costs		(6,262)		(4,150)
Purchases of property and equipment		(5,462)		(3,056)
Acquisitions of business, net of cash acquired		737		—
Acquisition of other intangible assets		—		(5,000)
Other cash flows from investing activities		16		91
Net cash used in investing activities		(3,342)		(14,065)
CASH FLOWS FROM FINANCING ACTIVITIES
Repayments of borrowings under the credit facility		(25,781)		—
Proceeds from exercise of stock options		6,948		1,584
Taxes paid related to net settlement of stock-based compensation awards		(11,485)		(3,688)
Net cash used in financing activities		(30,318)		(2,104)
Net change in cash, cash equivalents, and restricted cash		37,840		35,421
Effect of exchange rates on cash, cash equivalents and restricted cash		356		97
Cash, cash equivalents, and restricted cash at beginning of year		238,239		242,214
Cash, cash equivalents, and restricted cash at end of the period	$	276,435	$	277,732
SUPPLEMENTAL DISCLOSURE OF NON-CASH ITEMS
Cash paid for income taxes	$	227	$	746

GRUBHUB INC.
NON-GAAP FINANCIAL MEASURES RECONCILIATION
(in thousands, except per share data)

	Three Months Ended March 31,
	2018		2017
Net income	$	30,766	$	17,715
Income taxes		(236)		7,270
Interest (income) expense – net		1,022		(221)
Depreciation and amortization		20,951		10,040
EBITDA		52,503		34,804
Acquisition, restructuring and legal costs		1,329		409
Stock-based compensation		10,231		7,243
Adjusted EBITDA	$	64,063	$	42,456

	Three Months Ended March 31,
	2018		2017
Net income	$	30,766	$	17,715
Stock-based compensation		10,231		7,243
Amortization of acquired intangible assets		11,543		5,273
Acquisition, restructuring and legal costs		1,329		409
Income tax adjustments		(6,677)		(5,519)
Non-GAAP net income	$	47,192	$	25,121
Weighted-average diluted shares used to compute net income per share attributable to common stockholders		90,091		87,120
Non-GAAP net income per diluted share attributable to common stockholders	$	0.52	$	0.29

	Guidance
	Three Months Ended June 30, 2018				Year Ended December 31, 2018
	Low		High		Low		High
	(in millions)
Net income	$	19.5	$	23.8	$	79.8	$	94.2
Income taxes		7.5		9.2		30.9		36.5
Interest expense ̶ net		1.0		1.0		4.0		4.0
Depreciation and amortization		19.0		19.0		80.0		80.0
EBITDA		47.0		53.0		194.7		214.7
Acquisition and restructuring costs		—		—		1.3		1.3
Stock-based compensation		12.0		12.0		46.0		46.0
Adjusted EBITDA	$	59.0	$	65.0	$	242.0	$	262.0

Grubhub Makes Ordering Food with Friends Even Easier with Venmo Integration

New payment option offers diners another quick and secure way to pay for the food they love, while also allowing them to more easily split the bill
CHICAGO and NEW YORK , April 17, 2018 /PRNewswire/ — Grubhub (NYSE: GRUB), the nation’s leading online and mobile food-ordering company, today announced the availability of Venmo as a payment option for their diners.

Diners purchasing food on Grubhub, Seamless, or Eat24 mobile apps can now pay with their Venmo balance, linked bank account or debit card. Once the order is placed, diners can split the bill with Venmo, making it easier than ever to share the costs of group food orders with friends. This functionality is available to anyone who has the Venmo app installed on their mobile device and will automatically show up in their available payment options at checkout.

“More than sixty percent of our orders are placed on mobile devices, so we always look for ways to make it easier for diners to find, order and pay for the food they want, when and where they want it,” said Sam Hall, chief product officer, Grubhub. “We’re thrilled to bring Venmo as a payment to our diners, offering another popular and trusted way to pay for meals. Adding the ‘split the bill’ feature provides an additional level of convenience our diners have come to expect from us.”

“Venmo was founded to provide people with an easier way to make and share payments with friends and family,” said Mike Vaughan, Chief Operating Officer, Venmo. “We’re excited to further our longstanding partnership with Grubhub through this integration and given so many food-related payments occur on Venmo each day, it brings the social payment experience our customers love to the mobile buying experiences we know they already enjoy.”

About Venmo
Venmo, a service of PayPal, Inc., is a leading mobile app in the U.S. used to move money between friends and family and pay at millions of retailers. Venmo makes payment a fun, social experience that eliminates the awkwardness that comes with cash or checks. For more information, visit https://www.venmo.com.

About PayPal
Fueled by a fundamental belief that having access to financial services creates opportunity, PayPal Holdings, Inc. (NASDAQ: PYPL) is committed to democratizing financial services and empowering people and businesses to join and thrive in the global economy. Our open digital payments platform gives PayPal’s 227 million active account holders the confidence to connect and transact in new and powerful ways, whether they are online, on a mobile device, in an app, or in person. Through a combination of technological innovation and strategic partnerships, PayPal creates better ways to manage and move money, and offers choice and flexibility when sending payments, paying or getting paid. Available in more than 200 markets around the world, the PayPal platform, including Braintree, Venmo and Xoom, enables consumers and merchants to receive money in more than 100 currencies, withdraw funds in 56 currencies and hold balances in their PayPal accounts in 25 currencies. For more information on PayPal, visit https://www.paypal.com/about. For PayPal Holdings, Inc. financial information, visit https://investor.paypal-corp.com.

Grubhub To Announce First Quarter 2018 Financial Results On May 1, 2018

CHICAGO, April 11, 2018 /PRNewswire/ — Grubhub Inc. (NYSE: GRUB), the nation’s leading online and mobile food-ordering and delivery marketplace, today announced that it will host a conference call to discuss its first quarter financial results on Tuesday, May 1, 2018, at 9:00 a.m. CT, following the release of the Company’s financial results. CEO Matt Maloney and CFO Adam DeWitt will host the webcast.

The live webcast of the conference call will be available on the investor relations section of the Grubhub website at http://investors.grubhub.com/. Following completion of the call, a recording of the webcast will be available on the website.

Grubhub Expands Delivery Offering to 34 Additional Markets Nationwide

From Honolulu to Charleston, more restaurants can now use Grubhub’s delivery capabilities, giving diners a wider restaurant selection

CHICAGO, April 2, 2018 /PRNewswire/ — Grubhub, the nation’s leading online and mobile food-ordering company, has expanded its delivery capabilities to 34 more markets across 19 states. The expansion was completed throughout the first quarter of 2018 and is part of Grubhub’s plan to grow its delivery network to reach more than 100 new markets this year.

These cities join the more than 80 markets throughout the U.S. that already have Grubhub Delivery capabilities, which allow restaurants to offer their menus for delivery and provide diners with better restaurant choice and variety. Restaurants partnering with Grubhub for delivery include national and regional options like Buffalo Wild Wings, BJ’s Restaurants & Brewhouse, Red Robin Gourmet Burgers and Brews, On the Border and The Cheesecake Factory® in many markets. As Yum! Brands’ only national partner for ordering and delivery, Grubhub will also be adding KFC and Taco Bell locations to these markets across the country in the coming months.

With the expansion, Grubhub’s delivery capabilities will now be available to restaurants in the following markets:

Little Rock, AR
Bakersfield, CA
Fresno, CA
Modesto, CA
Stockton, CA
Deltona & Daytona Beach, FL
Lakeland, FL
Sarasota, FL
Augusta, GA
Honolulu, HI
Boise, ID
Fort Wayne, IN
Des Moines, IA
Wichita, KS
Baton Rouge, LA
Shreveport, LA
Jackson, MS
Springfield, MO
Fayetteville, NC
Greensboro, NC
Winston-Salem, NC
Akron, OH
Canton, OH
Dayton, OH
Toledo, OH
Youngstown, OH
Oklahoma City, OK
Charleston, SC
Columbia, SC
Greenville, SC
Chattanooga, TN
Memphis, TN
Corpus Christi, TX
Tacoma, WA

“We’re thrilled to expand our delivery offering to these markets across the U.S., making quick progress on our plan to expand our delivery capabilities throughout the coming year,” said Stan Chia, chief operating officer, Grubhub. “These additional markets are part of our vision to connect more diners with even more of their favorite local restaurants across the country, and provide them with the widest selection of choice wherever they are.”

Grubhub has always connected diners with restaurants that supply their own drivers. With Grubhub Delivery, restaurants without their own delivery capabilities now have the opportunity to leverage Grubhub’s large and growing network of drivers to expand their customer base and grow order volume. This also provides better restaurant choices and variety for Grubhub diners, as more restaurants can now offer their menus for delivery.

To find takeout restaurants available in your area, check out grubhub.com. If you are interested in becoming part of the Grubhub Delivery team, please visit driver.grubhub.com. To find out how your restaurant can join Grubhub, check out get.grubhub.com. To learn more about Grubhub and its portfolio of brands, please visit newsroom.grubhub.com.

Yelp and Grubhub Complete Online Ordering Integration

Yelp diners can now discover tens of thousands of new options for delivery, while providing Grubhub restaurant partners with more orders

SAN FRANCISCO & CHICAGO–(BUSINESS WIRE) — Yelp Inc. (NYSE: YELP), the leader in connecting people with great local businesses, and Grubhub (NYSE: GRUB), the nation’s leading online and mobile food ordering company, today announced the successful integration of Grubhub’s restaurant network onto the Yelp platform.

The combination of Grubhub’s unmatched restaurant network and efficient delivery infrastructure with Yelp’s large purchase-oriented audience positions us to generate thousands of new diners and millions of orders for Grubhub restaurant partners. Yelp users will be able to order from far more local restaurants, while taking advantage of Grubhub’s overall lowest-cost delivery.

“By tapping into Grubhub’s restaurant network, Yelp now offers users the ability to order from a larger and better selection of restaurants across the country,” said Jeremy Stoppelman, Yelp’s co-founder and chief executive officer. “Our long-term partnership with Grubhub strengthens Yelp’s competitive position in the restaurant category, which brings millions of users to our platform every day.”

“We’re thrilled to complete our integration with Yelp, which enhances the online ordering experience for diners and will drive more orders to our restaurants from Yelp’s tens of millions of monthly users,” said Matt Maloney, Grubhub’s founder and chief executive officer. “For the first time, Yelp users can order from Grubhub’s huge network of local favorites, some that don’t provide their own delivery services, including many of the most popular restaurants in each market.”

As Yelp continues to provide more options to users, the company is also carefully engineering new product experiences to make it even easier to find, order and transact with restaurants that offer food delivery and takeout. To accompany the inventory, Yelp released a new mobile Delivery tab, available to iOS and Android users, where consumers can find the very best local food delivery and takeout. Through the Delivery tab, Yelp surfaces useful information — like which restaurants offer free delivery or which hot spots in your area offer delivery — to help consumers find the most relevant ordering options available.

About Grubhub

Grubhub (NYSE: GRUB) is the nation’s leading online and mobile takeout food ordering marketplace with the largest and most comprehensive network of restaurant partners, as well as the largest diner base. Dedicated to connecting diners with the food they love from their favorite local restaurants, Grubhub strives to elevate food ordering through innovative restaurant technology, easy-to-use platforms and an improved delivery experience. Grubhub is proud to work with more than 80,000 restaurant partners in over 1,600 U.S. cities and London. The Grubhub portfolio of brands includes Grubhub, Seamless, Eat24, AllMenus and MenuPages.

About Yelp

Yelp Inc. (NYSE: YELP) connects people with great local businesses. Yelp was founded in San Francisco in July 2004. Since then, Yelp has taken root in major metros in more than 30 countries. Approximately 29 million unique devices accessed Yelp via the Yelp app, approximately 77 million unique visitors visited Yelp via desktop computer and approximately 64 million unique visitors visited Yelp via mobile website on a monthly average basis during the fourth quarter of 2017. By the end of the same quarter, Yelpers had written approximately 148 million rich, local reviews, making Yelp the leading local guide for real word-of-mouth on everything from boutiques and mechanics to restaurants and dentists.

Forward-Looking Statements

This press release contains forward-looking statements regarding Grubhub and Yelp management’s expectations and beliefs regarding the long-term partnership between Grubhub and Yelp, as well as the potential impact of the partnership on each company’s business, consumers and restaurant partners. Such statements constitute “forward-looking” statements, which are subject to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties and assumptions that could cause actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and uncertainties include, but are not limited to, the matters set forth in the filings that Grubhub and Yelp make with the Securities and Exchange Commission from time to time, including those set forth under the caption “Risk Factors” in each company’s Annual Report on Form 10-K available at http://investors.grubhub.com/ and http://www.yelp-ir.com, respectively, or the SEC’s website at www.sec.gov. Please also note that forward-looking statements represent management’s beliefs and assumptions only as of the date of this press release. Except as required by law, Grubhub and Yelp assume no obligation to publicly update these forward-looking statements, or to update the reasons actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future.

Grubhub Announces RestaurantHER Initiative, Commits $1 Million to Support Social Causes in Restaurants and Communities

Through RestaurantHER initiative, Grubhub and Women Chefs & Restaurateurs partner to advance female leadership in restaurants

CHICAGO, Feb. 26, 2018 /PRNewswire/ — Grubhub, the nation’s leading online and mobile food-ordering company, is announcing the launch of RestaurantHER, an initiative dedicated to supporting women-led restaurants nationwide, and committing $1 million to support this and other causes benefiting our communities.

Starting today, Grubhub will contribute $1 up to $1 million for every person who pledges at RestaurantHER.com to dine in or order delivery from women-led restaurants now through the end of Women’s History Month in March. The first $100,000 of this pledge will be contributed to WCR — Women Chefs & Restaurateurs to help advance female leadership in restaurants by providing resources for women seeking to advance culinary education and gain recognition in the food industry.

Grubhub’s contribution to WCR will sponsor:

WCR’s scholarship program, which supports and connects women in the culinary industry through formal apprenticeships
Development of a digital toolkit with resources to help restaurant operators build culinary leadership by running equitable kitchens and addressing gender issues in kitchen culture

“We are honored to unveil RestaurantHER to support women in leadership roles across the restaurant community,” said Matt Maloney, chief executive officer of Grubhub. “Closing the gender gap that leaves women occupying fewer than 20 percent of chef positions in the U.S. will ultimately introduce new creativity and expertise into our restaurants and no doubt elevate the entire culinary industry. We believe Grubhub has a duty to support women-run restaurants and promote more diversity, in the industry and on our platform, which will begin with RestaurantHER.”

“We’ve always believed it doesn’t have to be hard to run a fair and equitable kitchen,” said Amanda Cohen, chef and owner of Dirt Candy and treasurer of WCR Board of Directors. “This partnership puts us in a position where we can provide the tools, not just to women, but to all chefs and owners who have long wanted to do things differently but didn’t know where to start.”

To help diners locate and support restaurants run by women, Grubhub is unveiling a map on RestaurantHER.com of woman-led restaurant locations nationwide. This map — the first of its kind — encompasses restaurants owned or co-owned by a woman or a kitchen led by a woman head or executive chef. Diners can also help expand the reach of the map by submitting a woman-led restaurant. To highlight the inspiration for the initiative, Grubhub is featuring stories from chef ambassadors, including the head of woman-led restaurant Thaimee Table.

“Being a chef is a responsibility and an honor, as we get a chance to feed someone’s soul and make someone’s day,” said Hong Thaimee, chef and owner of Thaimee Table. “I give Grubhub credit for developing the RestaurantHER initiative. It’s nice to have a platform to empower women and I know a lot of my customers feel the same way.”

For more information about Grubhub’s RestaurantHER initiative, visit RestaurantHER.com.

About Grubhub
Grubhub (NYSE: GRUB) is the nation’s leading online and mobile takeout food-ordering marketplace with the most comprehensive network of restaurant partners and largest active diner base. Dedicated to moving eating forward and connecting diners with the food they love from their favorite local restaurants, the company’s platforms and services strive to elevate food ordering through innovative restaurant technology, easy-to-use platforms and an improved delivery experience. Grubhub is proud to work with more than 80,000 restaurant partners in over 1,600 U.S. cities and London. The Grubhub portfolio of brands includes Grubhub, Seamless, Eat24, AllMenus and MenuPages.

Grubhub and American Express Enable Card Members to Use Pay with Points and Amex Express Checkout to Order Takeout

Diners now have more ways to pay with American Express on Grubhub and Seamless online and mobile apps

CHICAGO, Feb. 21, 2018 /PRNewswire/ — Grubhub, the nation’s leading online and mobile food-ordering company, today announced it is working with American Express, a longtime supporter of the restaurant industry, to enable Card Members enrolled in the Membership Rewards® program to use Membership Rewards® points to order on Grubhub and Seamless online and mobile platforms. Additionally, American Express Card Members can quickly and easily pay via Amex Express Checkout.

“We consistently hear that our diners want even faster and simpler ways to order and pay on Grubhub,” said Stan Chia, COO of Grubhub. “Through our work with American Express, Card Members can not only take advantage of Amex Express Checkout for a quicker ordering experience, but also reap the rewards of using Membership Rewards points. We’re also thrilled to offer both Pay With Points and Amex Express Checkout on our Grubhub and Seamless mobile apps so that our diners can benefit whether they are at home or on the go.”

“We know our Card Members are always looking for easy ways to use Membership Rewards points with the merchants they love, so we are excited to further expand our Pay With Points offering to now enable Card Members to use points when they order through Grubhub and Seamless websites and mobile apps,” said Chris Cracchiolo, Vice President, Membership Rewards & Loyalty Benefits at American Express. “This further builds on the Amex Express Checkout capability that we added to Grubhub and Seamless platforms late last year, which we’re already seeing our Card Members enjoy using.”

Membership Rewards Pay with Points
Card Members enrolled in the Membership Rewards program can now use points for food on Grubhub and Seamless at 80,000 restaurants in over 1,600 cities.

How it works:

Select an eligible American Express Card during checkout on the Grubhub or Seamless online and mobile platforms, and the point balance will be displayed
Enter the dollar amount to be applied and click “apply”
Select “place my order” to complete purchase
Within 2-4 business days, a credit for the dollar amount used in points will appear on the American Express statement
For more information and how to use Pay with Points please visit, www.grubhub.com/eat/amex

Amex Express Checkout
Amex Express Checkout offers a faster way for Card Members to order food from their favorite local restaurants on all Grubhub and Seamless online and mobile platforms. Amex Express Checkout also uses unique digital Card numbers and proprietary tools to help prevent fraud.

How it works:

During checkout on the Grubhub or Seamless online and mobile platforms, select Amex Express Checkout
Enter your AmericanExpress.com UserID and Password
Your billing and Card information will be auto-filled in the designated fields, so just confirm and complete your order
For more information on Amex Express Checkout please visit, www.amexexpresscheckout.com

To find takeout restaurants available in your area, please visit grubhub.com, and for more information on Grubhub, please visit newsroom.grubhub.com. You can sign your restaurant up for Grubhub at get.grubhub.com.

About Grubhub
Grubhub (NYSE: GRUB) is the nation’s leading online and mobile takeout food-ordering marketplace with the most comprehensive network of restaurant partners and largest active diner base. Dedicated to moving eating forward and connecting diners with the food they love from their favorite local restaurants, the company’s platforms and services strive to elevate food ordering through innovative restaurant technology, easy-to-use platforms and an improved delivery experience. Grubhub is proud to work with approximately 80,000 restaurant partners in over 1,600 U.S. cities and London. The Grubhub portfolio of brands includes Grubhub, Seamless, Eat24, AllMenus and MenuPages.

About American Express
American Express is a global services company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at americanexpress.com and connect with us on facebook.com/americanexpress, instagram.com/americanexpress, linkedin.com/company/american-express, twitter.com/americanexpress, and youtube.com/americanexpress.

Key links to products, services and corporate responsibility information: charge and credit cards, business credit cards, Plenti rewards program, travel services, gift cards, prepaid cards, merchant services, Accertify, corporate card, business travel, and corporate responsibility.

Grubhub Expands Partnership with Foursquare to Bring Restaurant Delivery to More Users Nationwide

Companies uncover favorite local dishes and highlight top restaurants

CHICAGO and NEW YORK, Feb. 13, 2018 /PRNewswire/ — Grubhub (NYSE: GRUB), the nation’s leading online and mobile food-ordering company, today announced an expansion of its partnership with Foursquare, a technology company that uses location intelligence to build meaningful consumer experiences and business solutions. Foursquare City Guide users across the country now have the ability to order from over 57,000 local Grubhub restaurants that have listings on Foursquare’s online and mobile platforms. While browsing Foursquare City Guide, users can click the “order now” button to be directed to Grubhub’s online or mobile platforms to quickly and easily place an order.

“Foursquare City Guide is all about delighting users by suggesting new restaurants and providing rich information like photos, tips and ratings to help them find the best experiences, whether at home or abroad. But every good explorer needs a night in,” said Marissa Chacko, senior director of consumer products, Foursquare. “Adding Grubhub directly into the app makes it easier for our community to take a night off, while still enjoying the best local restaurants they can find.”

“Grubhub is always looking for ways to make it easier for people to browse the best and broadest set of restaurants and order the food they’re craving,” said Maria Belousova, chief technology officer, Grubhub. “By working with Foursquare, we’re offering consumers yet another easy way to discover and order takeout from great local restaurants. Adding Foursquare’s location intelligence to Grubhub’s database of hundreds of millions of takeout orders created unparalleled opportunities to find ideal matches between diners and restaurants across the country.”

Data Partnership Results and Methodology:
With this expanded partnership that now encompasses more than 57,000 restaurants across the country, Foursquare and Grubhub combined their data to help diners uncover locally loved dishes and explore the best restaurants. Grubhub data reveals the most ordered dishes across major U.S. cities, and Foursquare highlights some of the best restaurants known for these trending foods based on taste data from its apps, Foursquare City Guide and Foursquare Swarm.

New York: Bagel and Cream Cheese from Ess-a-Bagel

Dish popularity: 318% more popular in New York vs. the rest of the U.S.
Restaurant Rating: 8.74

Chicago: Cheese Curds from Bangers & Lace

Dish Popularity: 542% more popular in Chicago vs. the rest of the U.S.
Restaurant Rating: 8.92

San Francisco: Shrimp Dumplings from Kingdom of Dumpling

Dish Popularity: 301% more popular in San Francisco vs. the rest of the U.S.
Restaurant Rating: 8.61

Los Angeles: Poke Bowl from Sweetfin Poke

Dish Popularity: 375% more popular in Los Angeles vs. the rest of the U.S.
Restaurant Rating: 9.29

Miami: Cuban Sandwich from La Carreta

Dish Popularity: 274% more popular in Miami vs. the rest of the U.S.
Restaurant Rating: 8.8

Methodology:

Grubhub’s data analysts looked at the most ordered dishes in each city, in comparison to the rest of the U.S. The time frame used for the analysis was Jan. 1, 2017 to Dec. 31, 2017.
Foursquare’s data analysts found the restaurants with the highest affinity score and rating for the dishes identified by Grubhub in their respective cities. These venues had a combination of the highest rating and most positive mentions of these tastes in Foursquare City Guide tips and Foursquare Swarm shouts.

About Grubhub
Grubhub (NYSE: GRUB) is the nation’s leading online and mobile takeout food-ordering marketplace with the most comprehensive network of restaurant partners and largest active diner base. Dedicated to moving eating forward and connecting diners with the food they love from their favorite local restaurants, the Company’s platforms and services strive to elevate food ordering through innovative restaurant technology, easy-to-use platforms and an improved delivery experience. Grubhub is proud to work with over 80,000 restaurant partners in over 1,600 U.S. cities and London. The Grubhub portfolio of brands includes Grubhub, Seamless, Eat24, AllMenus and MenuPages.

About Foursquare
Foursquare is a technology company that enriches consumer experiences and informs business decisions through location intelligence. A community of more than 50 million people use the Foursquare City Guide and Foursquare Swarm apps and websites to discover new places, explore the world and check in. They have written more than 95 million tips and checked in over 12 billion times. Foursquare powers location data for Snapchat, Apple, Uber, Twitter and 125,000 other developers. Foursquare’s business solutions also include Pinpoint, Attribution, Pilgrim SDK and Foursquare Analytics, which empower brands to understand and connect to targeted audiences as well as measure foot traffic and advertising success.

News Type: Newsroom Archive