Amazon Takes Stake in Grubhub, Adds Food Delivery Perks to Prime

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Amazon Takes Stake in Grubhub, Adds Food Delivery Perks to Prime
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As part of the agreement, Amazon has the option to acquire a 2% stake in Grubhub.

to take a stake in Grubhub as part of a deal that will also give members of its Prime subscription program a one-year membership to the food delivery service.

The partnership gives Amazon the option to take a 2% stake in Grubhub, the U.S. subsidiary of Just Eat Takeaway.com, the European food giant . Amazon will be able to increase its total stake to 15% of Grubhub depending on certain performance factors, such as the number of new customers added.

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