Key strategic benefits of the merger include:īroader network and product offerings. This merger is an opportunity to glean the best from each platform and improve upon what we bring to all of our partners." "Both companies also share a strong commitment to provide world-class service to restaurants, diners and corporate clients. "By bringing together some of the industry's most celebrated products, including Seamless's award-winning iPad app and GrubHub's innovative Track Your Grub, we will be able to drive more value to all company stakeholders," said Jonathan Zabusky, CEO of Seamless.
By combining our complementary restaurant and diner networks, we are well positioned for continued growth in a massive market." "GrubHub and Seamless share a common goal to generate more business for local takeout restaurants while providing the best possible service to diners. We believe the merger will enhance the products we are able to offer both our diners and restaurants," said Matt Maloney, GrubHub co-founder and CEO. "We are excited to combine the strengths of these two dynamic organizations in an industry that is rapidly gaining traction. In 2012, the online and mobile platforms of the two organizations sent approximately $875 million in gross food sales to local takeout restaurants, resulting in combined revenue well in excess of $100 million. to order from more than 20,000 local takeout restaurants. The combined organization will enable diners and companies in more than 500 cities across the U.S. The merger will create a combined company well positioned to drive more orders to restaurants, deliver a better experience for hungry diners and enhance services to corporate clients. today announced the signing of a definitive agreement to merge two of the nation's premier services for ordering takeout. Combined Networks, Services and Products Will Drive Additional Restaurant and Diner ValueĮnhanced Financial Strength Will Allow Organization to Better Scale in Rapidly Growing Food-Ordering IndustryĬHICAGO and NEW YORK, /PRNewswire/ - Seamless North America LLC and GrubHub Inc.
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