Walmart and Kroger are reportedly interested in buying Grubhub — but the struggling food-delivery startup denies it's for sale
Bosses at the retail titan and supermarket giant, along with managers at Albertsons and Ahold-Delhaize — which owns Stop & Shop — assessed how the food-delivery startup could augment their companies, former Amazon executive and supply-chain consultant Brittain Ladd told the Post.
"I have spoken with executives from each company and there is interest in acquiring Grubhub," Ladd told the newspaper in an email. "I believe the value of Grubhub to Walmart is that they could leverage Grubhub for delivering food and groceries." The Post reported that Grubhub put itself up for sale months ago but hasn't enticed any bids, citing a person with direct knowledge of the matter. However, Grubhub dismissed the claim in a statement to Bloomberg.
"We felt it was important to clarify that there is unequivocally no process in place to sell the company and there are currently no plans to do so," a representative told the outlet.
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