GrubHub Inc (GRUB.N)
15 Dec 2017
* GRUBHUB EXPANDS PARTNERSHIP WITH THE CHEESECAKE FACTORY TO DELIVER MENU FAVORITES FROM COAST TO COAST Source text for Eikon: Further company coverage:
* Grubhub-Collaboration with ihg to offer ihg rewards club members point-earning benefits for ordering food on grubhub via ihg's online,mobile channels Source text for Eikon: Further company coverage:
Online food delivery company GrubHub Inc forecast current-quarter revenue above estimates and said it would look at buying smaller rivals to reach more customers and add restaurants to its network.
* Shares rise as much as 10 pct (Updates shares; Adds CEO, CFO and analyst comments)
* Targeting earnings accretion from Eat24 acquisition by Q3 next year - CFO
* GrubHub partners with BJ's restaurant & Brewhouse to provide online ordering, delivery and corporate catering for 100 restaurant locations nationwide
* Grubhub Inc says co, unit entered into credit agreement on Oct 10 - SEC filing
General Motors Co's Maven car sharing and rental unit is expanding its partnerships in ride and delivery services as parent GM considers whether to enter the on-demand mobility business now dominated by Uber Technologies and Lyft Inc.
SAN FRANCISCO Shares of Yelp Inc jumped more than 27 percent on Friday, a day after the company announced the sale of its Eat24 business to Grubhub .
SAN FRANCISCO Yelp Inc said on Thursday it would sell its Eat24 business to Grubhub for $287.5 million in cash, news along with better-than-expected quarterly revenue that drove its shares up more than 18 percent.
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