CHICAGO, May 12, 2020 /PRNewswire/ -- "While our
policy remains to not comment on specific market rumors, we want to
reiterate our views with respect to M&A-related matters given
the current level of recent speculation.
"We remain squarely focused on delivering shareholder value. As
we have consistently said, consolidation could make sense in our
industry, and, like any responsible company, we are always looking
at value-enhancing opportunities. That said, we remain confident in
our current strategy and our recent initiatives to support
restaurants in this challenging environment."
About Grubhub:
Grubhub (NYSE: GRUB) is a leading
online and mobile food-ordering and delivery marketplace with the
largest and most comprehensive network of restaurant partners, as
well as nearly 24 million active diners. Dedicated to connecting
diners with the food they love from their favorite local
restaurants, Grubhub elevates food ordering through innovative
restaurant technology, easy-to-use platforms and an improved
delivery experience. Grubhub features over 300,000 restaurants and
is proud to partner with more than 200,000 of these restaurants in
over 4,000 U.S. cities and London.
The Grubhub portfolio of brands includes Grubhub, Seamless,
LevelUp, AllMenus and MenuPages.
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SOURCE Grubhub Inc.