Uber Technologies is seeking to acquire GrubHub in a deal that would unite two of the biggest players in meal delivery at a time when the coronavirus pandemic has sparked a surge in demand for their services, reported the Wall Street Journal.
Uber, which in addition to its flagship ride business operates a big meal-delivery unit known as Uber Eats, earlier this year approached GrubHub with a takeover offer and the companies continue to discuss a possible combination, according to people familiar with the matter.
Should one come to pass, it would reshape the meal-delivery business, a key pillar of the new economy whose prominence has been heightened by the pandemic.
As of earlier Tuesday morning, GrubHub had a market value of $4.4 billion while Uber’s was $54 billion.
