Grubhub Gets Yum! and CaliBurger Eyes Expansion

7 Min Read By MRM Staff

This edition of MRM's Daily Bite features Grubhub and Yum! Brands, Cali Group, HotSchedules, Chilli Flames as well as Verifone and Apptizer.

Send news items to Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com.

Grubhub and  Yum! Brands PartnerYum! Brands and Grubhub are partnering to drive incremental sales to KFC and Taco Bell restaurants in the U.S. through online ordering for pickup and delivery. YUM also entered into an agreement with Grubhub to purchase $200 million of common stock, subject to customary closing conditions, an investment that will provide Grubhub with additional liquidity to accelerate expansion of its industry-leading U.S. delivery network, drive more orders to YUM restaurants, and further enhance the ordering and delivery experience for diners, restaurants and drivers. The unique partnership aligns with YUM’s long-term strategies to make its iconic brands easier for consumers to access and drive profitable incremental sales growth for…