Food delivery services in the United States also face regulatory headwinds. In California, Uber and DoorDash are challenging a law that requires them to reclassify their independent contractors as full-time employees. And in several cities, lawmakers are considering caps on the fees that delivery services charge, which restaurant owners have said are exorbitant.
Just Eat Takeaway was created this year through the $7.8 billion combination of two of the earliest participants in Europe’s food-delivery market, Just Eat and Takeaway.com. It has been fighting competition in Europe from Uber Eats and Deliveroo, a London-based company whose investors include Amazon.
Mr. Groen, a Dutch entrepreneur, founded Takeaway.com in 2000 when he was a student frustrated with the challenge of ordering pizza online. He took Takeaway.com public in 2016, and now has a net worth of more than $1.5 billion, according to Forbes.
In addition to the deals for Grubhub and Just Eat, Mr. Groen bought the German portion of Delivery Hero’s business for about $1 billion in 2018.
Just Eat and Takeaway.com traditionally focused on providing software to restaurants so they could coordinate their own deliveries, a more profitable business model than supplying drivers to make the deliveries. But the combined company is building out its own fleet of drivers. This year, Just East announced a partnership to deliver food for McDonald’s in Britain and Ireland.
Senator Amy Klobuchar of Minnesota, the leading Democrat on a subcommittee on antitrust, said Wednesday that Uber had been right to back away from buying Grubhub.
“During this pandemic, when millions are out of work and many small businesses are struggling to stay afloat, our country does not need another merger that could squelch competition,” she said in a statement.
Kate Conger reported from Oakland, and Adam Satariano and Michael de la Merced from London.
Article source: https://www.nytimes.com/2020/06/10/technology/uber-grubhub-just-eat.html
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