Bloomberg via Getty Images Food delivery apps have faced increasing scrutiny by regulators across the country. The Grubhub food delivery app has lost market share to Doordash and Uber Eats over the past couple of years. These efforts began in New York City before the pandemic in 2019 - led by City Council member Mark Gjonaj (D-Bronx) - and accelerated as the restaurant industry was decimated by COVID-19 and legislators took up their cause. Maloney, 44, who co-founded the company in 2004 in Chicago, had most recently grappled with the most tumultuous period in Grubhub’s history, as cities and states impose regulations aimed at curbing the fees delivery services charge to restaurants. We are sorry to see him leave the Company and wish him the best in his future endeavours.” “He has built a magnificent company and helped create hundreds of thousands of jobs across the US. “Great entrepreneurs like Matt start businesses that touch the lives of millions of people,” Just Eat Takeaway’s CEO Jitse Groen said in a statement. Maloney will step down in December to “pursue other opportunities,” the company said Friday. Grubhub founder Matt Maloney is leaving the food delivery giant just four months after it was acquired by a European conglomerate.Īmsterdam-based Just Eat Takeaway bought Grubhub, which also owns Seamless, in June for $7.3 billion, naming a new chief executive - former president and chief financial officer Adam DeWitt - to succeed Maloney, who was bumped up to the company’s board. ‘Outraged’: NYC restaurants blast Grubhub over ‘phony’ lobbying pushĭidn’t make a Valentine’s Day reservation? Get Grubhub+ free, and enjoy 20% offĦ-year-old orders nearly $1.5K in pizza, jumbo shrimp and ‘endless’ chili fries on dad’s phone DoorDash doomsday: City proposes paying delivery-app workers up to $33 hourly
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