Amazon Threatens Grubhub As It Expands Food-Delivery Services

Shares of Grubhub (GRUB) seesawed Friday as Amazon (AMZN) said it will expand its online food ordering and delivery business through a partnership with Olo.

XAutoplay: On | OffOlo provides an online food ordering and delivery platform, saying it has an "exclusive network" of more than 200 restaurant brands across 40,000 locations and with more than 60 million customers. Its says its clients include Chipotle (CMG). Shake Shack (SHAK) and Wingstop (WING).

"This integration will enable Amazon...

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Shares of Grubhub [+]    GRUB [+]    Amazon [+]    AMZN [+]    Olo [+]    XAutoplay [+]    Chipotle [+]    CMG [+]    Shack [+]    SHAK [+]    Wingstop [+]   

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