News Type: Newsroom Archive

Grubhub Data Reveals Savvy Online Ordering Trends Across America

Analysis of Grubhub features designed for ease of use reveals data trends on the habits of the nation’s online ordering superstars, showcasing differences by city and gender

CHICAGO, Sept. 19, 2017 /PRNewswire/ — Grubhub, the nation’s leading takeout marketplace, today announced the results of its analysis of the past year’s efficient ordering trends. The findings provide insights on how people are using Grubhub’s Express Reorder, Preorder and Pickup features to place takeout orders with ease.

Some savvy ordering “winners” include:

  • New York City, taking the top spot in the “Fastest Foodies” category. New Yorkers use the Express Reorder feature 91 percent more than the rest of the country.
  • Portland, Ore., leading the pack in the “Food Forecasters” category. Portland diners use Preorder, Grubhub’s feature that lets diners order up to five days in advance, 140 percent more than the rest of the country, planning their meals ahead of time.
  • Albany, N.Y., placing first in the “City Skippers” category. People in Albany use Grubhub’s Pickup feature 101 percent more than the rest of the country to skip the lines and delivery fees.
  • Overall, females are more likely to plan ahead using Preorder 105 percent more than males.
  • Meanwhile, males are more likely to quickly reorder a favorite past meal, leveraging Express Reorder 18 percent more than females.
  • New Yorkers, placing as the top banana orderers! People in the Big Apple quickly reorder bananas 85 percent more than the rest of the country.

“We’re committed to finding new ways to connect our diners with great local restaurants so that they can discover the food they want, whenever the craving hits,” said Barbara Martin Coppola, CMO, Grubhub. “Whether our diners are planning ahead by preordering, picking up at the restaurant to skip the line, or quickly reordering from one of their favorites, we’re always gathering feedback and using insights from our diners to introduce features that make their lives easier.”

Methodology:

Grubhub’s talented team of data analysts looked at usage of the Express Reorder, Preorder and Pickup features of the Grubhub platform from July 2016 to July 2017. The superlative-style rankings of cities were determined by comparing each city’s orders to those of Grubhub diners across the nation. The most popular dish per feature was determined by orders placed using that feature in a particular city versus a standard (not using the feature) order placed in the same city. Male versus female order habits were determined by analyzing the order data of males in comparison to females on the Grubhub platform.

Data Findings Include:

Top 10 “Fastest Foodie” Cities & Fun Facts
Cities that most commonly use the Express Reorder feature`

  1. New York City places 91 percent more Express Reorders than the rest of the U.S.
    1. Most Express Reordered Dish: Turkey sandwich
    2. Gender Wars: Males place 41 percent more Express Reorders than females
  2. Cambridge, Mass. places 72 percent more Express Reorders than the rest of the U.S.
    1. Most Express Reordered Dish: Vegetable tempura
    2. Gender Wars: Males place 39 percent more Express Reorders than females
  3. San Francisco places 60 percent more Express Reorders than the rest of the U.S.
    1. Most Express Reordered Dish: Jeera rice
    2. Gender Wars: Males place 46 percent more Express Reorders than females
  4. Somerville, Mass. places 56 percent more Express Reorders than the rest of the U.S.
    1. Most Express Reordered Dish: Salmon roll
    2. Gender Wars: Males place 31 percent more Express Reorders than females
  5. Boston places 52 percent more Express Reorders than the rest of the U.S.
    1. Most Express Reordered Dish: Spicy scallop roll
    2. Gender Wars: Males place 22 percent more Express Reorders than females
  6. Los Angeles places 32 percent more Express Reorders than the rest of the U.S.
    1. Most Express Reordered Dish: Hashbrowns
    2. Gender Wars: Males place 27 percent more Express Reorders than females
  7. Jersey City, N.J. places 27 percent more Express Reorders than the rest of the U.S.
    1. Most Express Reordered Dish: Boneless chicken kabobs
    2. Gender Wars: Male place 48 percent more Express Reorders than females
  8. Washington, D.C. places 22 percent more Express Reorders than the rest of the U.S.
    1. Most Express Reordered Dish: Goat biryani
    2. Gender Wars: Males place 8 percent more Express Reorders than females
  9. Chicago places 19 percent more Express Reorders than the rest of the U.S.
    1. Most Express Reordered Dish: Chicken makhani
    2. Gender Wars: Males place 13 percent more Express Reorders than females
  10. Arlington, Va. places 14 percent more Express Reorders than the rest of the U.S.
    1. Most Express Reordered Dish: Chicken pakora
    2. Gender Wars: Males placed 23 percent more Express Reorders than females

Top 10 “Food Forecaster” Cities & Fun Facts
Cities that most commonly use the Preorder feature

  1. Portland, Ore. places 140 percent more Preorders than the rest of the U.S
    1. Most Preordered Dish: Chicken tacos
    2. Gender Wars: Females place 195 percent more Preorders than males
  2. Austin, Texas places 104 percent more Preorders than the rest of the U.S
    1. Most Preordered Dish: Tortilla soup
    2. Gender Wars: Females place 107 percent more Preorders than males
  3. Dallas places 87 percent more Preorders than the rest of the U.S
    1. Most Preordered Dish: Cobb salad
    2. Gender Wars: Females place 161 percent more Preorders than males
  4. San Diego places 76 percent more Preorders than the rest of the U.S
    1. Most Preordered Dish: Mediterranean salad
    2. Gender Wars: Females place 129 percent more Preorders than males
  5. Houston places 65 percent more Preorders than the rest of the U.S
    1. Most Preordered Dish: Chicken salad sandwich
    2. Gender Wars: Females place 200 percent more Preorders than males
  6. Seattle places 45 percent more Preorders than the rest of the U.S
    1. Most Preordered Dish: Veggie pizza
    2. Gender Wars: Females place 117 percent more Preorders than males
  7. Rochester, N.Y. places 38 percent more Preorders than the rest of the U.S
    1. Most Preordered Dish: Buffalo chicken salad
    2. Gender Wars: Females place 85 percent more Preorders than males
  8. Boston places 32 percent more Preorders than the rest of the U.S
    1. Most Preordered Dish: Veggie pizza
    2. Gender Wars: Females place 117 percent more Preorders than males
  9. San Francisco places 30 percent more Preorders than the rest of the U.S
    1. Most Preordered Dish: Cobb salad
    2. Gender Wars: Females place 86 percent more Preorders than males
  10. Las Vegas places 28 percent more Preorders than the rest of the U.S
    1. Most Preordered Dish: Chinese chicken salad
    2. Gender Wars: Females place 88 percent more Preorders than males

Top 10 “City Skippers” Cities & Fun Facts
Cities that most commonly use the Pickup feature to skip the lines and delivery fees

  1. Albany, N.Y. places 101 percent more Pickups than the rest of the U.S
    1. Dish Most Ordered for Pickup: Bacon, egg and cheese sandwich
    2. Gender Wars: Females place 2 percent more Pickups than males
  2. New Brunswick, N.Y. places 98 percent more Pickups than the rest of the U.S
    1. Dish Most Ordered for Pickup: Chipotle chicken wrap
    2. Gender Wars: Males place 39 percent more Pickups than females
  3. Evanston, Ill. places 92 percent more Pickups than the rest of the U.S
    1. Dish Most Ordered for Pickup: Philadelphia roll
    2. Gender Wars: Females place 11 percent more Pickups than males
  4. College Park, Md. places 80 percent more Pickups than the rest of the U.S
    1. Dish Most Ordered for Pickup: Rainbow roll
    2. Gender Wars: Females place 25 percent more Pickups than males
  5. Troy, N.Y. places 80 percent more Pickups than the rest of the U.S
    1. Dish Most Ordered for Pickup: Chicken pesto pizza
    2. Gender Wars: Males place 8 percent more Pickups than females
  6. Cambridge, Mass. places 58 percent more Pickups than the rest of the U.S
    1. Dish Most Ordered for Pickup: Chicken tikka masala
    2. Gender Wars: Females place 6 percent more Pickups than males
  7. Boston places 58 percent more Pickup than the rest of the country
    1. Dish Most Ordered for Pickup: Yellowtail and scallion roll
    2. Gender Wars: Females place 3 percent more Pickups than males
  8. Philadelphia places 42 percent more Pickups than the rest of the country
    1. Dish Most Ordered for Pickup: Grilled chicken cobb salad
    2. Gender Wars: Females place 2 percent more Pickups than males
  9. Rochester, N.Y. places 41 percent more Pickups than the rest of the country
    1. Dish Most Ordered for Pickup: Fajita burrito
    2. Gender Wars: Males place 11 percent more Pickups than females
  10. Stamford, Conn. places 41 percent more Pickups than the rest of the country
    1. Dish Most Ordered for Pickup: Barbecue chicken wings
    2. Gender Wars: Females place 9 percent more Pickups than males

To view the full analysis, please email press@grubhub.com.

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.

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 55,000 restaurant partners in over 1,200 U.S. cities and London. The Grubhub portfolio of brands includes Grubhub, Seamless, AllMenus and MenuPages.

Grubhub Partners with Portland Food Carts to Power SMBs and Bring Diners Local Favorites

Online Ordering Leader Will Enable Food Carts to Reach More Customers and Provide Diners with Unique Flavors and Cuisines

PORTLAND, Ore., Sept. 19, 2017 /PRNewswire/ — Grubhub, the nation’s leading takeout marketplace, announced today that it has partnered with Portland’s legendary food cart collection. Portlanders can now have their favorite food cart flavors delivered from the foodie hot spots of Rose City Park, Portland Mercado and Happy Valley Station via a customized website.

The partnership highlights Grubhub’s dedication to small businesses and diners. It will create new ways to connect hungry diners to their favorite local cuisines and empower restaurants to reach more customers than ever before.

“Portland’s food carts are legendary for bringing unique flavors to diners and offering chefs an alternative to opening a traditional restaurant,” said Greg Trombley, Grubhub director, Portland co-site leader and former managing partner at Portland-based Delivered Dish. “We’re thrilled to support the community with an easy, efficient way to order food cart favorites, while providing independent vendors with vital tools to grow their business.”

Grubhub’s expansion to Portland food carts exemplifies the company’s commitment to reinventing how restaurants do business. Through this partnership, Grubhub will help restaurants enhance their takeout and delivery experiences and open up additional revenue streams.

The many Portland food carts that have partnered with Grubhub include Jouk Li Jou, La Arepa, and Carlito’s Cocina.

“I grew up on Puerto Rican food; it feels like home to me. I want to share that feeling with the Portland community that embraces the food culture I love,” said Karlo Prado, owner and operator of Carlito’s Cocina, a Puerto Rican-inspired food cart at Portland Mercado. “Partnering with Grubhub will expand my customer base and increase orders, especially during fall and winter when people are less likely to visit food parks.”

Grubhub has built a customized website through which hungry diners can filter and search for their favorite cuisines in their preferred food park. To see the full list of participating food carts, please visit: http://foodcarts.grubhub.com/portland/.

Grubhub has now partnered with food carts in a range of cities across the country, including Austin, Los Angeles and Miami.

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.

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 55,000 restaurant partners in over 1,200 U.S. cities and London. The Grubhub portfolio of brands includes Grubhub, Seamless, AllMenus, MenuPages, LAbite, Restaurants on the Run, DiningIn and Delivered Dish.

Grubhub and Yelp Announce Long-term Partnership to Connect Consumers with the Best Food Ordering Options

Leader in online food ordering expands marketplace with acquisition of Yelp’s Eat24; Yelp Platform broadens reach through integration of Grubhub restaurant network

CHICAGO and SAN FRANCISCO, Aug. 3, 2017 /PRNewswire/ — Grubhub Inc. (NYSE: GRUB), the nation’s leading online and mobile food ordering company, and Yelp Inc. (NYSE: YELP), the leader in connecting people with great local businesses, today announced a long-term partnership designed to capitalize on each company’s unique assets and propel online takeout and delivery. As part of the agreement, Grubhub will acquire Yelp’s Eat24 business and Yelp will integrate online ordering from all Grubhub restaurants onto its extensive local goods and services platform.

“Grubhub and Yelp, market leaders in their respective fields, have a shared mission of connecting consumers to local businesses. With such complementary goals and strengths, Jeremy and I are excited to form a partnership that will allow each company to focus on its respective expertise, while working together to expand local e-commerce for diners and restaurants,” said Matt Maloney, Grubhub’s founder and chief executive officer. “Adding Eat24’s large diner base and thousands of restaurants to our platform will accelerate Grubhub’s mission to become the most comprehensive marketplace connecting takeout diners and restaurants. The long-term agreement ensures that Grubhub also has access to Yelp’s enormous user base and clear content leadership to help drive more diners to our restaurants.”

“Bringing Grubhub onto the Yelp Platform through this long-term partnership will be a win for everyone. Consumers get a high-quality end-to-end experience with a wider selection of restaurants and better delivery options. Restaurant partners receive increased online exposure and the opportunity for increased order volume, as well as expanded delivery support. Yelp and Grubhub benefit from greater scale and sharper operating focus,” said Jeremy Stoppelman, Yelp’s co-founder and chief executive officer. “We expect Grubhub’s acquisition of Eat24 to create significant value for our consumers, restaurant partners and stockholders. The Eat24 team deserves credit for the transformational impact they’ve had as part of Yelp, and I’m pleased that we will continue to pursue this huge market opportunity in partnership with Grubhub.”

The acquisition will benefit diners, restaurants, Grubhub and Yelp:

  • Diners: Together, Grubhub and Eat24 will form the largest network of restaurants offering online and mobile food ordering in the United States. Diners will have the ability to discover and order from approximately 75,000 great local restaurants through either Grubhub’s or Yelp’s easy-to-use interface and take advantage of the industry’s lowest diner fees.
  • Restaurants: Connecting Grubhub’s unmatched restaurant network and efficient delivery infrastructure to Yelp’s large purchase-oriented audience will give Grubhub’s restaurant partners access to new potential diners and the opportunity for increased orders. Extending Eat24’s restaurants to Grubhub’s sizable diner network will help drive new diners and incremental revenue to Eat24 restaurant partners.
  • Grubhub: The combination of Eat24’s much-loved brand and significant reach will enable Grubhub to address more diners and drive more volume in all markets.
  • Yelp: The partnership adds tens of thousands of order-ready restaurants to the Yelp Platform and increases the availability of food delivery via Yelp, which will drive usage and transaction velocity in Yelp’s most highly-trafficked category.

The long-term partnership agreement between Grubhub and Yelp has an initial term of five years, commencing upon the closing of Grubhub’s acquisition of Eat24. Additionally, Grubhub has entered into a definitive agreement to acquire Eat24 for $287.5 million in cash, subject to standard closing conditions, including the expiration of U.S. antitrust waiting periods. Grubhub’s acquisition of Eat24 is expected to be funded through a combination of cash on hand and debt.

Grubhub and Yelp will discuss the partnership and acquisition of Eat24 on their earnings calls today, at 3:30 p.m. Central Time / 1:30 p.m. Pacific Time and 4:30 p.m. Central Time / 2:30 p.m. Pacific Time, respectively. A live webcast of the conference calls will be available at https://investors.grubhub.com and www.yelp-ir.com.

In connection with the acquisition of Eat24, Kirkland & Ells LLP is acting as legal advisor to Grubhub and Orrick Herrington & Sutcliffe LLP is acting as legal advisor to Yelp.

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 55,000 restaurant partners in over 1,200 U.S. cities and London. The Grubhub portfolio of brands includes Grubhub, Seamless, 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 28 million unique devices accessed Yelp via the Yelp app, approximately 83 million unique visitors visited Yelp via desktop computer and approximately 74 million unique visitors visited Yelp via mobile website on a monthly average basis during the second quarter of 2017. By the end of the same quarter, Yelpers had written approximately 135 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.

Use of Forward Looking Statements
This press release contains forward-looking statements regarding Grubhub and Yelp management’s future expectations, beliefs, intentions, goals, strategies, plans and prospects regarding Grubhub’s acquisition of Eat24 and the long-term partnership between Grubhub and Yelp, as well as the potential impact of the acquisition and partnership on each company’s financial results, business, consumers and restaurant partners, and the expected means of funding the acquisition. 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, with respect to Grubhub, the matters set forth in the filings that Grubhub makes with the Securities and Exchange Commission from time to time, including those set forth in the section entitled “Risk Factors” in Grubhub’s Annual Report on Form 10-K filed on Feb. 28, 2017, which is on file with the SEC and are available on the Investor Relations section of Grubhub’s website at http://investors.grubhub.com/ and, with respect to Yelp, the matters set forth in the filings that Yelp makes with the SEC from time to time, including those set forth under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Yelp’s most recent Annual Report on Form 10-K or Quarterly Report on Form 10-Q at http://www.yelp-ir.com 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 Reports Record Second Quarter Results

Grubhub generates 32% revenue growth in the second quarter and announces strategic partnerships

CHICAGO, Aug. 3, 2017 /PRNewswire/ — Grubhub Inc. (NYSE: GRUB), the nation’s leading takeout marketplace, today announced financial results for the second quarter ended June 30, 2017. For the second quarter, DAGs grew 16% year over year, and the Company posted revenues of $158.8 million, which is a 32% year-over-year increase from $120.2 million in the second quarter of 2016. Grubhub also announced long-term partnerships with both Yelp and Groupon.

“Grubhub strives to be the most comprehensive marketplace connecting online takeout diners and restaurants. We continued to execute well in the second quarter, with strong active diner growth and thousands of new, high-quality restaurants,” commented Grubhub CEO, Matt Maloney. “In addition, we signed long-term partnerships with Yelp and Groupon to be their preferred online ordering engine, agreeing to purchase Eat24 and select OrderUp markets in the process to add scale, diners and restaurants, and drive more volume to our restaurant partners.”

Second Quarter 2017 Highlights

The following results reflect the financial performance and key operating metrics of our business for the three months ended June 30, 2017, as compared to the same period in 2016.

Second Quarter Financial Highlights

  • Revenues: $158.8 million, a 32% year-over-year increase from $120.2 million in the second quarter of 2016.
  • Net Income: $14.8 million, or $0.17 per diluted share, a 15% year-over-year increase from $12.8 million, or $0.15 per diluted share, in the second quarter of 2016.
  • Non-GAAP Adjusted EBITDA: $42.2 million, a 12% year-over-year increase from $37.6 million in the second quarter of 2016.
  • Non-GAAP Net Income: $23.2 million, or $0.26 per diluted share, a 19% year-over-year increase from $19.6 million, or $0.23 per diluted share, in the second quarter of 2016.

Second Quarter Key Business Metrics Highlights

  • Active Diners were 9.18 million, a 25% year-over-year increase from 7.35 million Active Diners in the second quarter of 2016.
  • Daily Average Grubs (DAGs) were 313,900, a 16% year-over-year increase from 271,100 DAGs in the second quarter of 2016.
  • Gross Food Sales were $880 million, a 20% year-over-year increase from $733 million in the second quarter of 2016.

“Our increased investment in marketing spend is yielding solid results in new diner acquisition, particularly in our smaller, less penetrated markets,” said Grubhub CFO, Adam DeWitt. “In addition, Grubhub delivery continues to benefit from increasing economies of scale, driving our efficiency higher as we grow. We generated adjusted EBITDA of $1.48 per order, which was an increase compared to the seasonally stronger first quarter even though we increased sales and marketing investment 37% compared to the second quarter of last year.”

Third Quarter and Full Year 2017 Guidance

Based on information available as of Aug. 3, 2017, the Company is providing the following financial guidance for the third quarter and full year of 2017. This guidance excludes any potential impact from the acquisitions of Eat24, OrderUp and Foodler, which have not yet closed, as well as any impact from partnerships with Yelp and Groupon:

Third Quarter 2017

Full Year 2017

(in millions)

Expected Revenue range

$155 – $163

$642 – $662

Expected Adjusted EBITDA range

$38 – $42

$170 – $180

Second Quarter 2017 Financial Results Conference Call
Grubhub will webcast a conference call today at 3:30 p.m. CT to discuss the second quarter 2017 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 Aug. 17, 2017.

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 55,000 restaurant partners in over 1,200 U.S. cities and London. The Grubhub portfolio of brands includes Grubhub, Seamless, AllMenus and MenuPages.

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 completion of each of the acquisitions of Foodler, Eat24 and OrderUp, the expected benefits to, and financial performance of, Grubhub following such acquisitions and its strategic partnerships with Yelp and Groupon. 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, 2017, which is on file with the SEC and are 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 June 30, 2017, 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 and restructuring costs, income taxes, 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 and restructuring 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 and restructuring, 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

June 30,

Six Months Ended
June 30,

2017

2016

2017

2016

Revenues

$

158,794

$

120,173

$

314,928

$

232,413

Costs and expenses:

Operations and support

62,924

40,696

122,443

75,683

Sales and marketing

34,770

25,355

70,208

54,188

Technology (exclusive of amortization)

14,076

10,567

27,268

20,759

General and administrative

14,515

12,158

27,475

25,747

Depreciation and amortization

10,414

8,885

20,454

16,193

Total costs and expenses

136,699

97,661

267,848

192,570

Income before provision for income taxes

22,095

22,512

47,080

39,843

Provision for income taxes

7,341

9,707

14,611

17,105

Net income attributable to common stockholders

$

14,754

$

12,805

$

32,469

$

22,738

Net income per share attributable to common stockholders:

Basic

$

0.17

$

0.15

$

0.38

$

0.27

Diluted

$

0.17

$

0.15

$

0.37

$

0.27

Weighted-average shares used to compute net income per share attributable to common stockholders:

Basic

86,162

84,741

86,018

84,725

Diluted

87,700

85,749

87,410

85,724

 

KEY OPERATING METRICS

Three Months Ended
June 30,

Six Months Ended

June 30,

2017

2016

2017

2016

Active Diners (000s)

9,177

7,352

9,177

7,352

Daily Average Grubs

313,900

271,100

319,200

269,500

Gross Food Sales (millions)

$

879.7

$

732.6

$

1,777.8

$

1,445.4

 

GRUBHUB INC.

CONSOLIDATED BALANCE SHEETS

(in thousands, except share data)

June 30, 2017

December 31, 2016

ASSETS

CURRENT ASSETS:

Cash and cash equivalents

$

293,269

$

239,528

Short term investments

80,291

84,091

Accounts receivable, less allowances for doubtful accounts

59,734

60,550

Prepaid expenses

8,819

12,168

Total current assets

442,113

396,337

PROPERTY AND EQUIPMENT:

Property and equipment, net of depreciation and amortization

56,673

46,555

OTHER ASSETS:

Other assets

4,060

4,530

Goodwill

436,455

436,455

Acquired intangible assets, net of amortization

308,257

313,630

Total other assets

748,772

754,615

TOTAL ASSETS

$

1,247,558

$

1,197,507

LIABILITIES AND STOCKHOLDERS’ EQUITY

CURRENT LIABILITIES:

Restaurant food liability

$

81,718

$

83,349

Accounts payable

8,107

7,590

Accrued payroll

7,738

7,338

Taxes payable

499

865

Other accruals

16,086

11,348

Total current liabilities

114,148

110,490

LONG TERM LIABILITIES:

Deferred taxes, non-current

98,592

108,022

Other accruals

6,841

6,876

Total long term liabilities

105,433

114,898

STOCKHOLDERS’ EQUITY:

Common stock, $0.0001 par value

9

9

Accumulated other comprehensive loss

(1,628)

(2,078)

Additional paid-in capital

826,019

805,731

Retained earnings

203,577

168,457

Total Stockholders’ Equity

$

1,027,977

$

972,119

TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY

$

1,247,558

$

1,197,507

 

GRUBHUB INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS

(in thousands)

Six Months Ended June 30,

2017

2016

CASH FLOWS FROM OPERATING ACTIVITIES

Net income

$

32,469

$

22,738

Adjustments to reconcile net income to net cash from operating activities:

Depreciation

5,092

3,327

Provision for doubtful accounts

148

420

Deferred taxes

(6,780)

(4,174)

Amortization of intangible assets

15,362

12,866

Stock-based compensation

15,438

12,406

Investment premium amortization

(395)

(202)

Other

124

518

Change in assets and liabilities, net of the effects of business acquisitions:

Accounts receivable

784

(11,722)

Prepaid expenses and other assets

3,421

(3,315)

Restaurant food liability

(1,690)

4,278

Accounts payable

(978)

(858)

Accrued payroll

396

595

Other accruals

4,365

316

Net cash provided by operating activities

67,756

37,193

CASH FLOWS FROM INVESTING ACTIVITIES

Purchases of investments

(110,108)

(123,723)

Proceeds from maturity of investments

114,303

128,490

Capitalized website and development costs

(9,576)

(5,380)

Purchases of property and equipment

(7,291)

(8,362)

Acquisitions of businesses, net of cash acquired

—

(67,528)

Acquisition of other intangible assets

(5,000)

(250)

Other cash flows from investing activities

492

(576)

Net cash used in investing activities

(17,180)

(77,329)

CASH FLOWS FROM FINANCING ACTIVITIES

Repurchases of common stock

—

(14,774)

Proceeds from exercise of stock options

8,308

2,878

Excess tax benefits related to stock-based compensation

—

18,767

Taxes paid related to net settlement of stock-based compensation awards

(5,523)

(938)

Payments for debt issuance costs

—

(1,477)

Net cash provided by financing activities

2,785

4,456

Net change in cash and cash equivalents

53,361

(35,680)

Effect of exchange rates on cash

380

(689)

Cash and cash equivalents at beginning of year

239,528

169,293

Cash and cash equivalents at end of the period

$

293,269

$

132,924

SUPPLEMENTAL DISCLOSURE OF NON CASH ITEMS

Cash paid for income taxes

$

13,805

$

3,250

 

GRUBHUB INC.

NON-GAAP FINANCIAL MEASURES RECONCILIATION

(in thousands, except per share data)

Three Months Ended

June 30, 2017

Six Months Ended
June 30,

2017

2016

2017

2016

Net income

$

14,754

$

12,805

$

32,469

$

22,738

Income taxes

7,341

9,707

14,611

17,105

Depreciation and amortization

10,414

8,885

20,454

16,193

EBITDA

32,509

31,397

67,534

56,036

Acquisition and restructuring costs

1,495

697

1,904

1,528

Stock-based compensation

8,195

5,505

15,438

12,406

Adjusted EBITDA

$

42,199

$

37,599

$

84,876

$

69,970

Three Months Ended

June 30, 2017

Six Months Ended
June 30,

2017

2016

2017

2016

Net income

$

14,754

$

12,805

$

32,469

$

22,738

Stock-based compensation

8,195

5,505

15,438

12,406

Amortization of acquired intangible assets

5,100

5,640

10,373

10,685

Acquisition and restructuring costs

1,495

697

1,904

1,528

Income tax adjustments

(6,315)

(5,068)

(11,834)

(10,537)

Non-GAAP net income

$

23,229

$

19,579

$

48,350

$

36,820

Weighted-average diluted shares used to compute net income per share attributable to common stockholders

87,700

85,749

87,410

85,724

Non-GAAP net income per diluted share attributable to common stockholders

$

0.26

$

0.23

$

0.55

$

0.43

Guidance

Three Months Ended

September 30, 2017

Year Ended

December 31, 2017

Low

High

Low

High

(in millions)

Net income

$

11.0

$

13.4

$

55.1

$

61.0

Income taxes

7.5

9.1

37.5

41.6

Depreciation and amortization

11.0

11.0

43.0

43.0

EBITDA

29.5

33.5

135.6

145.6

Acquisition and restructuring costs

—

—

1.9

1.9

Stock-based compensation

8.5

8.5

32.5

32.5

Adjusted EBITDA

$

38.0

$

42.0

$

170.0

$

180.0

Groupon and Grubhub Announce Strategic Partnership to Bring Food Delivery to Groupon Customers Throughout the United States

Grubhub to power food delivery for Groupon in more than 1,100 cities 

CHICAGO–(BUSINESS WIRE)– Today Groupon (www.groupon.com) (NASDAQ: GRPN) and Grubhub (www.grubhub.com) (NYSE: GRUB) announced a strategic partnership to bring food delivery to Groupon customers throughout the United States. As part of the deal, Grouponand Grubhub have entered into a commercial agreement that will allow Groupon to provide users with the ability to order food delivery from Grubhub’s 55,000 restaurant partners via the Groupon platform and is expected to enable people to redeem Groupon deals when they orderGrubhub delivery via Groupon.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170731006132/en/

“We’re thrilled to join forces with Grubhub to vastly expand the number of food delivery options available through our marketplace,” said Rich Williams, CEO, Groupon. “This partnership connects two of the biggest players in local commerce and is a win for both consumers and restaurants by providing people with more savings and access to the food they want, when they want it.”

“As a leader in local delivery, we’re always looking for more ways to make it easier for diners to find and order food wherever they may be,” said Matt Maloney, CEO, Grubhub. “Groupon’s massive, active mobile audience – and great savings opportunities – will help drive new customers and more order volume for our restaurant partners, further enhancing the value of the Grubhub network.”

In addition to the commercial agreement, Grubhub is acquiring certain assets in 27 company-owned OrderUp food delivery markets from Groupon. Grubhub will also power food ordering and delivery for the company’s Groupon To Go markets. Terms of the agreements were not disclosed.

About Groupon

Groupon (NASDAQ: GRPN) is building the daily habit in local commerce, offering a vast mobile and online marketplace where people discover and save on amazing things to do, see, eat and buy. By enabling real-time commerce across local businesses, travel destinations, consumer products and live events, shoppers can find the best a city has to offer.

Groupon is redefining how small businesses attract and retain customers by providing them with customizable and scalable marketing tools and services to profitably grow their businesses.

To download Groupon’s top-rated mobile apps, visit www.groupon.com/mobile. To search for great deals or subscribe to Groupon emails, visit www.groupon.com. To learn more about the company’s merchant solutions and how to work with Groupon, visit www.groupon.com/merchant.

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 55,000 restaurant partners in over 1,100 U.S. cities and London. The Grubhub portfolio of brands includes Grubhub, Seamless, AllMenus, and MenuPages.

To find takeout restaurants available in your area, check out grubhub.com/lets-eat. 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, go to get.grubhub.com. If you’d like to learn more about Grubhub and its portfolio of brands, navigate to newsroom.grubhub.com.

Note on Forward-Looking Statements

The statements contained in this release that refer to plans and expectations for the future are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that involve a number of risks and uncertainties, and actual results could differ materially from those discussed. The words “may,” will,” should,” “could,” “expect,” anticipate,” “believe,” “estimate,” intend,” “continue” and other similar expressions are intended to identify forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause our actual results to differ materially from those expressed or implied in our forward-looking statements. Such risks and uncertainties include, but are not limited to, difficulties, delays or our inability to successfully complete all or part of the announced transactions or to realize the benefits of such transactions. For additional information regarding these and other risks and uncertainties, we urge you to refer to the factors included (i) under the headings “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Groupon’s Annual Report on Form 10-K for the year ended December 31, 2016 and in Groupon’s other filings with the Securities and Exchange Commission (the “SEC”), copies of which may be obtained by visiting the company’s Investor Relations web site at http://investor.groupon.com or the SEC’s web site at www.sec.gov, and (ii) under the headings “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Grubhub’s Annual Report on Form 10-K for the year ended December 31, 2016 and in Grubhub’s other filings with the SEC, copies of which may be obtained by visiting the company’s Investor Relations web site at https://investors.grubhub.com/investors or the SEC’s web site at www.sec.gov.

You should not rely upon forward-looking statements as predictions of future events. Although Groupon and Grubhub believe that the expectations reflected in the forward-looking statements are reasonable, they cannot guarantee that the future results, levels of activity, performance or events and circumstances reflected in the forward-looking statements will be achieved or occur. Moreover, neither the companies nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements. The forward-looking statements reflect Groupon’s and Grubhub’s expectations as of the date of this release. Groupon and Grubhub undertake no obligation to update publicly any forward-looking statements for any reason after the date of this release to conform these statements to actual results or to changes in its expectations.

Groupon
Bill Roberts, 312-459-5191
press@groupon.com
or
Grubhub
Katie Norris
press@grubhub.com

Source: Groupon

News Provided by Acquire Media

Grubhub To Announce Second Quarter 2017 Financial Results On Aug. 3, 2017

CHICAGO, July 20, 2017 /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 second quarter financial results on Thursday, Aug. 3, 2017, at 3:30 p.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.

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 55,000 restaurant partners in over 1,100 U.S. cities and London. The Grubhub portfolio of brands includes Grubhub, Seamless, AllMenus, and MenuPages.

We’re Halfway There: Grubhub’s Mid-Year Data Analysis Uncovers the Dishes Dominating the First Half of 2017

Bowls, vegan foods and charcuterie dominate in an analysis of trendy dishes from January to June

CHICAGO, July 19, 2017 /PRNewswire/ — Grubhub, the nation’s leading takeout marketplace, today announced its analysis of the hottest food and delivery trends for the first half of 2017. The findings show how people are turning to bite-sized foods, are seemingly eager to try charcuterie, but still turn to favorites such as chicken fried steak and barbecue.

In line with national culinary reports published in late 2016, these three dishes are indeed on the rise:

  • Bowls — 32% increase in orders in 2017
  • Vegan dishes — 19% increase in orders in 2017
  • Charcuterie — 9% increase in orders in 2017

“We are delighted that our diners are expanding their tastes beyond traditional takeout staples to try out this year’s trendiest dishes from the comfort of their home or office,” said Barbara Martin Coppola, CMO, Grubhub. “Grubhub aims to be the one place for everyone’s tastes — so it’s amazing to see that diners are embracing such a variety of foods, whether they’re ordering a nutritious bowl, vegan cuisine or barbecue.”

Methodology:
Grubhub’s data analysts looked at foods that climbed in popularity, using order data from Jan. 1 to June 30, 2017. In addition, analysts looked at spikes in popularity for dishes that were expected to rise in popularity, according to culinary reports published at the end of 2016.

Additional Data Findings Include:
Six months into the year, here are 2017’s trendiest delivery dishes:

  • Poke bowls — 365% increase in orders
  • Bite-sized foods
    • Pretzel bites — 238% increase in orders
    • Mac and cheese bites — 78% increase in orders
    • Mini corn dogs — 76% increase in orders
  • Chicken fried steak — 103% increase in orders
  • Avocado toast — 93% increase in orders
  • Grilled and traditional barbecued dishes
    • Barbecue beans — 106% increase in orders
    • Jumbo barbecue chicken wings — 78% increase in orders
    • Sirloin steak — 77% increase in orders

Bowls, vegan dishes and charcuterie are trendy favorites. Here is a closer look at each category:

  • Top five trendiest bowls:
    • Steak guacamole bowl
    • Marinated beef bibimbap bowl
    • Chili coconut curry bowl
    • Tikka masala curry bowl
    • Vermicelli and pork bowl
  • Top five vegan dishes:
    • Vegan quesadilla
    • Tofu wings
    • Teriyaki quinoa bowl
    • Samosa chaat
    • Vegan calzone
  • Top five charcuterie ingredients:
    • Pickled raisins
    • Salumi
    • Sourdough bread
    • Prosciutto
    • Blue cheese

Trendiest Winter Foods (January and February):

  • Penne rosa — 385% more ordered during winter 2017 vs. rest of the year
  • Ribeye pho — 127% more ordered during winter 2017 vs. rest of the year
  • Fried chicken sandwich — 124% ordered during winter 2017 vs. rest of the year

Trendiest Spring Foods (March and April):

  • Beer battered onion rings — 53% more ordered during spring 2017 vs. rest of the year
  • Greek bowl — 46% more ordered during winter 2017 vs. rest of the year
  • Miso soup — 46% more ordered during winter 2017 vs. rest of the year

Trendiest Early Summer Foods (May and June):

  • Roasted Brussels sprouts — 301% more ordered during summer 2017 vs. rest of the year
  • Pretzel bites — 98% more ordered during summer 2017 vs. rest of the year
  • Poke bowl — 96% more ordered during summer 2017 vs. rest of the year

In addition to the national data findings, Grubhub analysts also looked into data on the regional level and is available upon request.

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.

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 55,000 restaurant partners in over 1,100 U.S. cities and London. The Grubhub portfolio of brands includes Grubhub, Seamless, AllMenus and MenuPages.

Grubhub Enters Into Agreement To Acquire Foodler

CHICAGO, June 8, 2017 /PRNewswire/ — Grubhub, the nation’s leading takeout marketplace, announced that it has entered into an agreement for an all-cash transaction to acquire Foodler, one of the largest independent North American online food-ordering companies.

The agreement with Boston-based Foodler, which is subject to certain closing conditions, extends Grubhub’s leadership in New England and will add more than $80 million of annualized gross food sales in 2017. This will expand the breadth and depth of Grubhub’s national network of more than 55,000 existing restaurant partners and 8.8 million active diners.

“We’re thrilled to bring Foodler’s scale and its established diner base in the Northeast to Grubhub,” said Matt Maloney, Grubhub CEO. “Its addition will enhance the Grubhub marketplace – particularly in Foodler’s hometown market of Boston – allowing us to connect our diners with an even broader range of top-rated, popular local restaurants.”

“Foodler is proud to become a part of the national leader in online food ordering,” said Christian Dumontet, Foodler CEO. “Foodler has continuously evolved to provide a superior user experience, and our diners will benefit from Grubhub’s robust functionality and wide-ranging restaurant network that operates in 1,100 cities across the U.S.”

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 55,000 restaurant partners in over 1,100 U.S. cities and London. The Grubhub portfolio of brands includes Grubhub, Seamless, AllMenus and MenuPages.

Grubhub and Oracle Hospitality Collaborate to Simplify Delivery and Online Order Management for Restaurants

New In-House Restaurant Technology Integration Makes Enterprise and Franchise Restaurant Management Easier, More Efficient

CHICAGO, May 17, 2017 /PRNewswire/ — Grubhub, the nation’s leading takeout marketplace, today announced its integration with Oracle Hospitality, a leading provider of hardware, software, and services that allow food and beverage operators to deliver exceptional guest experiences while maximizing profitability. Restaurants using the unified system — designed with the needs of enterprise and franchise restaurants in mind — can now manage all of their orders, both in-house and takeout, from one device. Additionally, restaurants will be able to more efficiently staff, save time on menu updates, consolidate financials and free up space on the crowded delivery tablet counter.

Grubhub’s POS integration raises the bar for in-house restaurant technology efficiency and eliminates 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 completely focused on creating technology that enhances the experience of our  restaurant partners,” said Stan Chia, Chief Operating Officer of Grubhub. “With restaurant feedback in mind, we’ve built integrations designed to create efficiencies for restaurateurs. These improvements will positively impact the bottom line of restaurateurs, by helping restaurant owners spend less time on management logistics and more time creating great food.”

Some key benefits include:

  • Improved staffing efficiencies – Streamlining restaurant management functions means restaurateurs can deliver more orders for negligible incremental labor. This leads to significant cost savings, particularly for high-volume restaurants
  • Smoother restaurant operations – Managing orders and inventory directly from the POS system allows staff to focus on serving up delicious food, rather than spending time tracking orders on multiple tablets
  • Save time on menu updates – Menus updated via the POS system will automatically update on Grubhub’s website, and on the mobile web and apps. This offers significant time savings to restaurant employees
  • Better business insights – Consolidated financial information makes balancing the books and managing tips easier and more efficient
  • Fewer devices in-house – Integrating into one in-house system allows restaurant owners to reduce the amount of hardware at each restaurant, clearing the crowded counter of delivery tablets to create a more functional space
  • Easily deploy delivery services across properties – With this new partnership restaurateurs can easily grow their revenues by leveraging delivery and pick up orders nationwide through Oracle Hospitality Simphony software

“Oracle Hospitality is excited to extend the functionality of our Simphony restaurant management software and MICROS POS by partnering with Grubhub,” said Mike Webster, senior vice president and general manager at Oracle Hospitality. “Together we’re enabling restaurants of all sizes to easily add and scale online ordering and delivery services across their entire footprint. With Simphony supporting Grubhub orders, restaurants can easily manage the demand for delivery and in-house orders on the kitchen.”

Point of sale integration is a top request from Grubhub’s restaurant partners and by partnering with Oracle Hospitality, the integration will make order management easier than ever for enterprise and chain restaurants.

For more information about Grubhub’s POS solutions go to get.grubhub.com

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.

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 50,000 restaurant partners in over 1,100 U.S. cities and London. The Grubhub portfolio of brands includes Grubhub, Seamless, AllMenus, and MenuPages.

About Oracle Hospitality
Oracle Hospitality brings 35 years of experience in providing technology solutions to food and beverage operators. We provide hardware, software, and services that allow our customers to deliver exceptional guest experiences while maximizing profitability. Our solutions include integrated point-of- sale, loyalty, reporting and analytics, inventory and labor management, all delivered from the cloud to lower IT cost and maximize business agility. For more information about Oracle Hospitality, please visit www.oracle.com/industries/hospitality/index.html

Grubhub Partners with Point of Sale Leaders to Create Streamlined Restaurant Management Solutions

New In-House Restaurant Technology Integration Makes Restaurant Management Easier, More Efficient

CHICAGO, May 17, 2017 /PRNewswire/ — Grubhub, the nation’s leading takeout marketplace, today announced its integration with industry-leading point of sale (POS) systems, Breadcrumb POS by Upserve and Toast. Restaurants using these systems can now manage all of their orders, both in-house and takeout, from one device. The new integration will also allow restaurants to more efficiently staff, save time on menu updates, consolidate financials and free up space on the crowded delivery tablet counter.

Grubhub’s POS integration raises the bar for in-house restaurant technology efficiency and eliminates 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 completely focused on creating technology that enhances the experience of our restaurant partners,” said Stan Chia, Chief Operating Officer of Grubhub. “With restaurant feedback in mind, we’ve built integrations designed to create efficiencies for restaurateurs. These improvements will positively impact the bottom line of restaurateurs, by helping restaurant owners spend less time on management logistics and more time creating great food.”

Some key benefits include:

  • Improved staffing efficiencies – Streamlining restaurant management functions means restaurateurs can deliver more orders for negligible incremental labor. This leads to significant cost savings, particularly for high-volume restaurants
  • Smoother restaurant operations – Managing orders and inventory directly from the POS system allows staff to focus on serving up delicious food, rather than spending time tracking orders on multiple tablets
  • Save time on menu updates – Menus updated via the POS system will automatically update on Grubhub’s website, and on the mobile web and apps. This offers significant time savings to restaurant employees
  • Better business insights – Consolidated financial information makes balancing the books and managing tips easier and more efficient
  • Fewer devices in-house – Integrating into one in-house system allows restaurant owners to reduce the amount of hardware at each restaurant, clearing the crowded counter of delivery tablets to create a more functional space

“We’re thrilled to welcome Grubhub to the Upserve Marketplace as our newest ordering partner, enabling instant online ordering to Breadcrumb POS to improve productivity, speed delivery time and eliminate errors,” said Angus Davis, CEO and founder of Upserve. “Building on the early success we saw with shared customers during the pre-release shipped last quarter, we are excited to now bring this new program to many more of the 32 million active diners who enjoy over 23 million meals per month on the Upserve platform.”

“Toast Restaurant POS is an all-in-one mobile, cloud-based platform built specifically for restaurants. Incorporating key facets of the guest experience into one tool, Toast integrates online ordering, gift card capabilities, loyalty programs, labor reporting, and sales data,” said Chris Comparato, CEO of Toast. “We are excited to bring our best-in-class customer support and service to Grubhub users nationwide.”

Grubhub’s point of sale integration — a top request from its restaurant partners — is already creating efficiencies for much-loved restaurant chains including Protein Bar, along with local favorites like NYC’s Mile End Delicatessen and Chicago’s Bombay Wraps.

“Protein Bar and Kitchen’s focus on serving delicious, healthy food to guests has been greatly accelerated due to the power of Grubhub’s marketplace,” said Jeff Drake, CEO Protein Bar and Kitchen. “In addition, Grubhub continues to demonstrate its leadership and restaurant partner focus by innovating on products such as POS integration, that will allow for unparalleled execution of 3rd party online orders.”

“We work hard to create Montreal-style specialty foods for our diners to enjoy, and appreciate the additional reach and awareness brought about by online ordering,” said Joel Tietolman, co-owner of Mile End Delicatessen in New York. “Grubhub and Breadcrumb’s POS integration allows us to update our in-restaurant and takeout menus at the same time, on one platform. This saves us time each day, and ensures that our diners can choose from the most updated menu items, whether they’re eating in our restaurant or dining in the comfort of their own home.”

“Our restaurant has one simple mission: to bring the delicious street foods that we ate growing up in Bombay,” said Ali Dewjee, owner of Bombay Wraps in Chicago. “Since the integration of our Breadcrumb POS with Grubhub, it’s been easier than ever to manage our back-of-house functions, giving us more time to bring the amazing tastes of Bombay to the people of Chicago!”

For more information about Grubhub’s POS solutions, go to get.grubhub.com

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.

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 50,000 restaurant partners in over 1,100 U.S. cities and London. The Grubhub portfolio of brands includes Grubhub, Seamless, AllMenus, and MenuPages.