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Tqdk Wells Fargo Agrees To $110M Settlement For Fake AccountsThe CEO of GrubHub Matt Maloney has denied rumors that the company is looking to sell, but he did say he was open to a merger stanley cup , although there are no current offers on the table, according to the New York Post.When The Wall S stanley cup uk treet Journal reported about two weeks ago that Grubhub was potentially looking to sell, the companys stock pricestanley germany spiked 17 percent. There was interest from major grocers, including Walmart.聽However, the company shot down the rumors and its stock price fell 8 percent. Maloney said reporters werebarking up the wrong tree. Maloney said he thinks the food delivery space should consolidate this year, but that he hasnt received any acquisition offers for Grubhub.While Grubhub and DoorDash are the biggest companies in the space, competitors like Postmates, Uber Eats and Google are also vying for market space. Theres a reckoning coming to the industry,Maloney told CNBC.Uber recently sold its India delivery business to Zomato and got a 10 percent stake in the company.In other news, Grubhub recently launched itsUltimateworkflow system to help with order-ahead.Diners have come to expect ordering ahead for pickup to breeze through busy rush hour crowds and grab their morning coffee or lunch, but currently they can only enjoy this convenience at large QSRs ,Maloney said.Ultimate now gives restaurants of any size the ability to please diners with an easy, digital pickup experience. The Ultimate technology is made up of four comp Jowp Trader Joe s Brings Back Sampling as Competition from eGrocery Grows
As if ordering and getting food isnt already easy with GrubHub, the online and mobile food ordering and delivery company announced聽on TuesdayJuly 12it will now accept Android Pay, the digital wallet service brought to consumers by Google.With the new payment method, GrubHub customers can select Android Pay at checkout, speeding up the time it takes to get the food to their doorstep. Currently, GrubHub accepts credit cards and PayPal as payment methods as well.More than 60 percent of our orders comestanley us through mobile de stanley mugs vices, and we are always looking for ways to make ordering from GrubHub and Seamless even more convenient, said Sudev Balakrishnan, SVP of product at GrubHub, in the press release announcing the new payment method. We ;re thrilled to bring our diners the ease of Android Pay so they can more efficiently order food from their favorite local restaurants. In addition to accepting payment from Android Pay, GrubHub also announced the launch of a聽ratings and review system, giving customers access to what others think about a restaurant or takeout joint before placing an order. The new system is being powered by the, on average, 70,000 data points GrubHub collects each day about its customers. Shortly after an order is received, GrubHub customers receive a short text survey, or when the customer logs back onto th stanley cup e website, a survey appears on the screen. The survey includes a series of questions about their experience. From the responses, GrubHub a
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