

What’s cooking in the food industry? Mergers, with or without a side of fries. And a new $7.3 billion combo meal deal means take-out and delivery must be on the menu to stay. We’re referring to the June 2020 deal Netherlands-based Just Eat Takeaway made to gobble up U.S.-based Grubhub. Together, the two handled 593 million restaurant orders last year. They served about 70 million users worldwide. Those numbers make the newly merged business the largest restaurant delivery company outside China. They also gave the Dutch gastronomical support service financial confidence to invest that astronomical amount!
Just how did food delivery become such big business? The idea may not be as novel as you think. The first recorded take-out was cold noodle soup in Korea in 1768. Pizza delivery in stacked metal boxes goes back to 1800s Naples, Italy.
Today, food delivery often involves an online order-and-delivery service not employed by a single restaurant. Instead, these businesses connect hungry eaters with numerous local restaurants. Then they deliver the chow straight to customers’ doors.
Waiter.com first offered ordering and delivery from 60 California restaurants in 1995. Since then, companies keep lining up for the great food delivery race. They include Deliveroo, DoorDash, Grubhub, Just Eat Takeaway, and Uber Eats.
This year’s coronavirus pandemic boosted food delivery sales. With restaurant dining rooms closed, more people stayed home. Some cooked. (See “No Place Like Home, Cooking” at teen.wng.org/node/6062.) But many turned to take-out. Grubhub’s orders grew 28% over 2019; Just Eat Takeaway’s orders grew 41%.
A full menu of options means customers jump easily between services: Uber Eats today, DoorDash tomorrow. Plentiful choices make steady sales difficult. Companies offer deep discounts and spend big money on marketing to attract new users. Those tactics eat into profits.
As a result, many companies embrace the adage “If you can’t beat ’em, join ’em”—literally. Mergers (a combining of two companies into one) among former competitors have become common. Not only can companies remove rivals, but they can also share technology and marketing costs. And bigger often is better. Combined companies can gain savings from increased volume and greater efficiency. This is called creating “economies of scale.”
Just Eat Takeaway provides deliveries in Europe, Australia, Israel, New Zealand, Canada, Mexico, and Brazil. Grubhub operates in 4,000 U.S. cities and holds almost a third of the U.S. food delivery market. The combined venture may position the merged company to become the Amazon of food.
1st COMMENT!!!!
this company could get HUGE!!does anyone here use any of those companies?
2nd Comment
@Drew, you are right! They could become the biggest one, and really big! No, we don't use any of those. I don't think there are ones in our town anyway.
3rd comment!!!
I wonder if it is bigger than amazon?
@MarkN
"Amazon, which has seen a surge in demand during the coronavirus pandemic, jumped six spots to No. ... It stole back its title of the world's largest retailer from Amazon "so its not very likely that it will become more popular but well i say the other should i mean i may love food a bit more then the shelf's for books my mom buys.... yes i looked this up here's the source if you wanna read more and no this is NOT a link i just don't wanna get copyrighted: www.forbes.com . i quoted directly from this site so if its confusing blame THEM not me. I mean I had to read it a few times.
omg
OMG i did not mean to put a link sososososososo sorry I meant to put a space in between the www and forbes and .com if anyone knows how to edit or delete comments PLEASE let me know!!!!!!!!!!!!!!!!!!11
omg meaning oh my gosh my
omg meaning oh my gosh my mom got on my back for not clarifying lol
@Maggie
You're fine, thanks for clarifying!
Sadly, you can't delete comment :( Or post emojis :( I wish you could though.....it would have saved me much embarrassment from awful misspellings xD
I haven’t used any yet
I don’t use any of this, but my older brother works for DoorDash. ( I think ) We don’t use any of this because they taste your food.
Well then, looks like some
Well then, looks like some people can't drive...well neither can I ....LOL XDD
Look imma make a small story.
Look imma make a small story..XD..Red= move it buddy Green= no you move it Red= nu uh i was here first ...Green= why you little...Red= IM not little...*5000 years later* Green= alright thats it....Green= turns into Herobrine ad strikes red with lighting...red= OW! ...i had toast for breakfast but i didnt want to be the toadst...haha XDD the END haha
OK i meant toast* typo XD
OK i meant toast* typo XD
ummmmmm
ummmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm okayyyyyy yah soo that's quite the story. herobrine????
I love the picture
I love the picture
@ Kylie
That’s really funny! Well done.
Amazon us huge. The founder
Amazon us huge. The founder is a billionaire.
That picture is funny xD XD
We don't use any of these but I see them everyday!
well
well all you guys talking about how you cant drive i mean at least you didn't fail at it like my oldest sister TWO DAYS after she got her drivers licence RAN INTO A FRICKITYFRACITYSNAKITYWAKITY BUILDING with ME in the CAR!!!!!! All parties evolved are okay though the buildings fine we didn't get sued and all we have is a big dent in our car but still call that ironic. -_-
@WARREN C ,@ world teen
I Definitely think this is going to be a big business :D although kind of scary
@WARREN C
Herobrine is a mythical creature from minecraft a game and a very popular internet story. kind of like a minecraft legend of this monster being real or not. He is a minecraft "Steve" skin just with white eyes and mythical powers to kill you. any way not something very nice let alone biblical (◎﹏◎)
@J&O S
Nah don't worry about it. like 2 years ago i was up all night scared because of fnaf i mean i'm not scared now but then i was legit scared i was like "Mat-pat why? Now i'm afraid of my closet because of nightmare foxy!!!!!!!!!!!!" sooo.... anyways comment below if you feel meh -_- also i accidentally got stuck in my closet all night because i couldn't see the handle so thats basically when i was like "yo being stupid there's not anything in there" so yeah but anyways.....
so your question to Herobrine
so your question to Herobrine..he is a entity to minecraft and he is steve with white eyes..he stalks you..and much more..but..you can make him your friend if you give him diamonds and if you talk to him with signs and say like..want to be friends and you wont hurt him..then i have heard that he will be friendly!..so yeah ..um i uh watch silly animations about him so i tried to make a joke lol :D