June 9, 2017
Grubhub said today it is acquiring one of North America's biggest independent online food-ordering services, Foodler, in an all-cash transaction, a news release said.
The agreement extends Grubhub's New England leadership, while adding more than $80 million of 2017 annualized gross food sales and expanding Grubhub's current reach that includes more than 55,000 existing restaurant partners and 8.8 million active diners.
"We're thrilled to bring Foodler's scale and its established diner base in the Northeast to Grubhub," Grubhub CEO Matt Maloney said in a statement. "Its addition will enhance the Grubhub marketplace — particularly in Foodler's hometown market of Boston — allowing us to connect our diners with an even broader range of top-rated, popular local restaurants."