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Just Eat sells Grubhub at a $6.5bn loss

Just Eat Takeaway has finally sold its American takeaway delivery business Grubhub at a drastic discount to the $7.3 billion it paid for the company in 2020. Europe’s biggest food delivery group, which bought Grubhub at the height of the…

Meta user growth fails to hit the mark

Meta Platforms, the world’s largest social media platform, forecast revenue for the current quarter above market expectations but disappointed investors on user growth numbers. The California-based technology company, which was founded in 2004 and owns Facebook, WhatsApp, Instagram and Threads,…

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