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As restaurant aggregators compete for consumers' delivery spending, Grubhub is looking to capture the corporate market. On Tuesday (May 3), the aggregator announced the launch of a program for employers to offer employees a line of credit for meal purchases.
Just Eat Takeaway.com NV (LSE:JET, NASDAQ:GRUB) delivered drama on the morning of its annual shareholder meeting, with chief operating officer Jörg Gerbig not standing for reappointment while an investigation takes place into a possible misconduct charge. If that wasn't enough chairman Adriaan Nühn announced he would not be seeking re-election either, amid calls for change at the takeaway food delivery service from activist investor Cat Rock Capital.
Just Eat Takeaway.com NV (LSE:JET, NASDAQ:GRUB) faces a lively annual general meeting (AGM) after massively disappointing last week with its first-quarter trading update. Performance in the quarter was “not good”, said Barclays, using some classic British understatement.