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Tag: Grubhub

Grubhub CEO Calls Out Delivery Rivals For Price Gouging; Stock Drops 14% On Earnings | Forbes

Grubhub CEO Calls Out Delivery Rivals For Price Gouging; Stock Drops 14% On Earnings | Forbes

Grubhub CEO Matt Maloney, on the heels of a lukewarm earnings report that pummeled the company’s stock, criticized rivals DoorDash and Postmates for high service fees, extra costs hidden in menu markups and subscription programs he described as “bogus.” “The problem is by egregiously price-gouging consumers, at some point, they will figure it out,” he […]