Uber Woos GrubHub, In A Move Lawmaker Calls 'Pandemic Profiteering'
The merger talks have yet to reach a deal, but if both sides strike an accord, the combined companies would emerge as the dominant player in food delivery, giving Uber Eats a 55% of the U.S. market.
With its ride-hailing business devastated by the coronavirus pandemic, Uber is in talks to acquire online food delivery company GrubHub.
If the two sides can reach a deal, the combined company would emerge as the dominant food-delivery app with 55% of the U.S. market, according to analyst Dan Ives with Wedbush Securities.
"Clearly this would be an aggressive move
