Seamless and GrubHub are merging to form a giant food delivery service

Seamless and GrubHub, two of the biggest food delivery services in the US, have just announced they'll be merging into a combined company, with the name of the new operation to be decided at a later date. (SeamHub? Grubless?) Unlike some other transactions we cover around here, this does seem to be a merger in the truest sense of the word, with GrubHub founder Matt Maloney stepping up to the role of president, and Seamless CEO Jonathan Zabusky staying on as president. Though we don't yet know what the new service will be called, the companies are already saying it will serve 500 US cities, with around 20,000 restaurants taking orders. Also, as hinted in that press release below, the merger will give the new mega-company more financial flexibility when it comes to further growth opportunities. Next up: Delivery.com?

Filed under: Internet

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Via: The Next Web

Source: http://www.engadget.com/2013/05/20/seamless-grubhub-merger/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget

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