Yelp is selling Eat24 to GrubHub for $287.5M and the stock is skyrocketing

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Thursday, 3 August 2017

Yelp is selling Eat24 to GrubHub for $287.5M and the stock is skyrocketing

Thursday, 3 August 2017 by Muhammad Ifzal

Two huge pieces of news today from Yelp, the company that shows up first in your Google search for a restaurant: first, GrubHub is acquiring food delivery service Eat24 from the company in a big partnership for $287.5 million; second, the company reported its second-quarter earnings and they look pretty good. Let’s tackle the first one. This is probably going to be a boon for Yelp as… Read More