Uber Eats parent Uber is reportedly in talks to buy smaller food delivery app rival Grubhub in a ... [+] potential deal that would create the largest U.S. food delivery app, beating DoorDash. (Photo by Noam Galai/Getty Images) Getty ImagesWith the coronavirus pandemic keeping consumers at home and ordering more food for delivery, ride-sharing company and Uber Eats parent Uber has reportedly made an offer for smaller rival Grubhub in a potential tie-up that would make Uber the largest U.S. food delivery platform. For Uber, first-quarter rides globally declined 3% as consumers stayed at home and shunned ride sharing, but Uber Eats saw a 54% surge in gross bookings, to $4.7 billion. There’s no consensus on just how big a share of U.S. food delivery Uber Eats holds, but all of the data indicates that Uber Eats with Grubhub would become the clear No. “We see an eventual migration to two players,” KeyBanc analyst Edward Yruma wrote Tuesday, adding that there are two large national players with Uber Eats and DoorDash and that the rest are more regional.

Source: Forbes May 12, 2020 22:58 UTC