Uber’s attempt to buy Grubhub comes under fire

Uber’s attempt to buy Grubhub facing challenges

According to the reports, Uber's attempt to build the largest meal delivery company in the US by buying its rival Grubhub has immediately come under fire from lawmakers, city officials, and antitrust experts. Uber and Grubhub, currently the second and third-largest US meal delivery companies by market share behind DoorDash, are in talks over a tie-up as the coronavirus crisis accelerates consumer demand for delivery services.

uber attempt meal grubhub

Wed May 13 - Arstechnica

Related Articles

Former Uber security chief faces criminal charges for hiding 2016 breach
Former Uber security chief faces criminal charges for hiding 2016 breach

Federal prosecutors have charged former Uber security chief Joe Sullivan with obstruction of justice for hiding a 2016 data breach from Federal Trade Commission investigators. The criminal complaint, filed Thursday, suggests that Uber's then-CEO Travis Kalanick was aware of the breach and Sullivan's efforts to cover it up. But it argues that Sullivan kept others involved in Uber's FTC response in the dark about the incident.

uber privacy security data-breach joe-sullivan

Sat Aug 22 - Arstechnica
Uber is now operating all over the world, image via Getty Images
Uber stock goes up as the company gets closer to becoming profitable

Uber's stock rose after its latest earnings report showed that the company had lost much less money than expected. This is a sign that the company is much closer to its profitability goal than expected. It was previously thought that Uber would only become profitable by 2021. This growth is thanks to its global expansion.

uber business stocks shares profit profitability

Fri Feb 07 - CNBC
This new feature may help them get out of some legal trouble, image via Getty Images
Uber testing new feature that will allow drivers to set their own fares

Uber has announced that it will be testing a brand new feature that will allow some drivers to charge more than the fare set by the company. They hope that this feature will prove that the drivers are independent contractors, not employees and thus Uber will not have to improve working conditions.

uber testing app car ride-sharing taxi fare feature

Wed Jan 22 - Reuters
Uber to cease operations in Colombia after court ruled its practices were detrimental to competition. Image via Uber.
Uber to stop operations in Colombia following court decision

Uber has been ordered by Colombian courts to cease operations in the country, a decision the company is saying violates its right to due legal process and will cause enormous harm to the entrepreneurial potential in the country. The court ruled that Uber's operations were detrimental to competition, with Uber replying it will challenge the decision through the appropriate legal avenues.

uber court legal colombia challenge decision competitionoperation stop

Sat Jan 11 - Reuters