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Stock Market News

Just Eat Takeaway teams up with Amazon in U.S

07/06/2022

Less than a minute

2022.07.06 10:05

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Just Eat Takeaway teams up with Amazon in U.S
FILE PHOTO: A Just Eat delivery man rides his bicycle in Nice amid the coronavirus disease (COVID-19) outbreak in France, February 16, 2021. REUTERS/Eric Gaillard

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(Reuters) – Just Eat Takeaway and Amazon (NASDAQ:AMZN) have partnered to give Amazon Prime members access to free deliveries in the Anglo-Dutch meal ordering company’s U.S. unit Grubhub app.

Under the agreement, which automatically renews each year unless terminated by one the parties, Amazon will receive warrants over 2% of Grubhub’s fully-diluted common equity.

Source

07/06/2022

Less than a minute