Grubhub is Readying For a Food Delivery War! ⚔️
Grubhub stock has tanked over 40% since the release of their Q3 2019 earnings report. Alex and Nick assess the damage and go over Grubhub’s shareholder letter that outlines a new strategy in which the platform will double the number of restaurants available.
This is an excerpt from episode 41 of Winner Take All. Watch the full episode here: youtu.be/Nq0ecemkIzg
Grubhub Letter to Shareholders: s2.q4cdn.com/772508021/files/doc_financials/2019/q3/October-2019-Shareholder-Letter.pdf
Grubhub in Freefall – In a Free For All market: www.fool.com/investing/2019/11/06/grubhub-in-freefall-in-a-free-for-all-market.aspx
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