Just Eat Takeaway Explores Strategic Sale of Grubhub to Streamline European Delivery Operations
The Amsterdam-based food delivery multinational Just Eat Takeaway is reportedly advancing negotiations for the strategic sale of its United States subsidiary Grubhub. The potential divestment would allow the Dutch corporation to eliminate a financially burdensome overseas asset, refocus capital expenditure on its highly profitable European core markets, and aggressively defend market share against regional delivery competitors.