Restaurant Delivery

Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given...

DoorDash filed its IPO prospectus Friday morning. Here is an early look at the figures and information from the company, which is expected to IPO before the end of the year with the symbol DASH. DoorDash was valued at $16 billion in an early funding round in 2020. The company raised $400 million in...

Restaurants across a handful of states reopened their doors to limited seating over the past few days. Benzinga checked in with a handful of restaurants of different sizes to see how they are faring so far at a time when the COVID-19 pandemic remains a major overhang. This is part three. Most...

The New York City Council approved a bill this week to limit third-party restaurant delivery fees at 20%.  The NYC Council Bill The New York City Council's Small Business Committee on Wednesday approved a new bill making it illegal for third-party delivery platforms to charge more than a 5...

Pizza delivery company Slice secured a new $43 million Series C funding on Tuesday from global investment firm KKR & Co (NYSE: KKR). On Thursday, KKR's co-head of next-generation technology, Jake Heller, explained the rationale behind backing the company amid a very competitive market...

If media reports are accurate that Uber Technologies Inc (NYSE: UBER) is in talks to acquire rival food delivery platform GrubHub Inc (NYSE: GRUB), it would be both an offensive and defensive move, according to Wedbusgh. The Uber Analysts Wedbush analyst Ygal Arounian maintains an Outperform rating...

Small and independent restaurants are "really hurting" amid the coronavirus pandemic and don't have the benefit of holding enough cash to cover months of expenses, GrubHub Inc (NYSE: GRUB) CEO Matt Maloney said Thursday on Fox Business. What Happened GrubHub recognizes the coronavirus...

Tuesday, March 24 is unofficially the "Great American Takeout" day, with the struggling restaurant industry encouraging the public to order a meal for takeout or delivery. A coalition of restaurants is encouraging the public is to post on social media with #...

GrubHub Inc (NYSE: GRUB) reported second-quarter results which prompted a sell-off in the stock but at least one Street analyst remains bullish on the mobile food-ordering and delivery marketplace company. The Analysts Stephens' Will Slabaugh maintains an Overweight rating on GrubHub with a...

The bullish case for Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) is simple: ongoing momentum coupled with cost saving initiatives creates a scenario where the stock is "ready to fly," according to Stifel. The Analyst Stifel's Chris O'Cull upgraded Red Robin Gourmet Burgers...

The bull vs. bear debate surrounding Domino's Pizza, Inc. (NYSE: DPZ) will likely continue throughout 2018 but one Wall Street analyst decided to join the bull camp. The Analyst Credit Suisse's Jason West upgraded Domino's' stock from Neutral to Outperform with a price target...

Wedbush's senior tech analyst Aaron Turner thinks Amazon.com, Inc. (NASDAQ: AMZN)'s next takeover target should be GrubHub Inc (NYSE: GRUB), a platform that delivers food made by restaurants to customers. Needless to say, Amazon has the necessary resources to invest in multiple initiatives...