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Grubhub Delivers New Partnership with Amazon

The last two years have not been easy for any industry. But for the food service sector, the pandemic was a particularly hard hit. Even at a time when food delivery service was at its peak, food businesses like Grubhub still suffered losses in 2021. And then as pandemic restrictions eased across the nation, demand for restaurant delivery was drastically reduced. Employee shortages and heightened government regulations also made it hard for food-based companies to recover.

That is why Grubhub recently announced a partnership with Amazon, a deal that brings together the restaurant delivery platform and Amazon Prime services.

The premium service, named Grubhub+, is now offered free to Amazon Prime subscribers. At a cost of $9.99 a month, subscribers can get any meal totalling $12 or more (not including taxes, tips, and other fees) without any delivery charge. Amazon Prime members, even those who signed up for the service when it was initially launched in 2020, will get one free year of Grubhub+. Amazon Primers can claim their Grubhub+ membership by logging into their accounts at amazon.com/prime/offer/grubhub/prime-deal. This agreement was signed for an initial one-year period; renewal will be automatic unless either party chooses to bow out. Amazon already has a stake in Deliveroo, the British food delivery service, and this deal with Grubhub is expected to infuse the platform with cash for the duration of 2023.

Kevin Ulrich transitions from CEO to Chairman at Anchorage Capital Group

Kevin Ulrich, a co-founder of Anchorage Capital Group, has now transitioned to be the firm’s Chairman after more than twenty years as the CEO. Under Ulrich, Anchorage was one of the largest distressed-debt hedge funds. He pointed to ongoing client withdrawals and truculent markets as the reason for the closure of the firm’s prize investment… Continue Reading

Digital Markets Act is E.U.’s Attempt to Limit Big Tech

Digital Markets Act is E.U.’s Attempt to Limit Big Tech

The Digital Markets Act is the European Union’s most far-reaching piece of legislation since it passed its strict privacy laws in 2018. The law tackles the power of the leading tech companies and redefines the way app stores, digital marketing, online retail, and messaging platforms operate. The legislation is designed to stop the biggest tech… Continue Reading

Pandemic Brings New Opportunities for Entrepreneurs

Pandemic Brings New Opportunities for Entrepreneurs

A growing number of Americans are starting their own business. The reasons behind this pandemic-driven entrepreneurial surge vary: some were laid off because of COVID and transitioned their “side hustle” to be their primary form of income; others took the time to reconsider their priorities and gave up on their grueling corporate jobs; for some,… Continue Reading

Trading Card Business Goes to Fanatics

Topps, the trading card business that paired Bazooka bubble gum and baseball cards over fifty years ago, has been bought by Fanatics, the sports memorabilia company. The sale valued Topps’s sports and entertainment sectors at just over $500 million. Topps lost its 70-year-old licensing agreement with Major League Baseball and the Major League Baseball Players Association… Continue Reading

Emerging Post-Coronavirus Investment Sectors: Diamonds

One of the impacts of COVID-19 was investors altering their usual investment behavioral patterns. One of the emerging investment industries during this time was fine jewelry, in particular, diamonds. Even before the coronavirus outbreak, business investor Mozes Victor Konig believed that diamonds made a sound investment choice.  He said: “The first thing I learned in… Continue Reading

Investors Banking on Lidar

More investors are joining the trend to invest on lidar technology – the remote sensing method that uses laser light to measure distances and has garnered ample interest from automakers in recent times. Until around 2015, lidar technology – which in a  nutshell uses laser light to measure distances – attracted a very specifically-defined section… Continue Reading

Rosalind Brewer Becomes 20th Black CEO in America

Rosalind Brewer has been named incoming CEO of Walgreens, effective March 15, 2021. This role makes Brewer, who is leaving her position as COO at Starbucks, the only Black woman to lead a Fortune 500 company. Brewer joins the other 19 Black CEOs — 17 men and two women — who have ever been listed as… Continue Reading

Celebrate Women Virtual Conference

Celebrate Women Virtual Conference

“Surviving (and Thriving) in Unsettling Times.” That is the theme and topic of the 15th annual Celebrate Women virtual conference set to begin on Friday, March 19, 2021. Alison Levine, American mountain climber, sportswoman, explorer, leadership consultant and best-selling author, will deliver the keynote address. Levine was team captain of the first American Women’s Everest Expedition,… Continue Reading