Grubhub CEO Talks Competition, Outlook and Acquisitions

Grubhub CEO Talks Competition, Outlook and Acquisitions

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Business

University

Hard

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The transcript discusses Grubhub's competitive strategies, including the Grubhub Plus program offering 10% cash back and free delivery. It highlights Grubhub's profitability and market position against competitors like DoorDash and Uber Eats. The company plans to expand through acquisitions and partnerships with fast food chains. Challenges include market competition and economic sustainability. The impact of SoftBank's investment strategy on competitors is also discussed, along with future industry predictions.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main feature of the Grubhub Plus program that sets it apart from competitors?

10% cash back

Faster delivery times

Free delivery

Exclusive restaurant partnerships

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Grubhub plan to maintain its competitiveness in the market?

By increasing delivery fees

By reducing the number of partner restaurants

By sacrificing short-term profits

By focusing solely on independent restaurants

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Grubhub's approach to growth in the competitive food delivery market?

Focusing on organic growth only

Acquiring other companies

Limiting partnerships with fast-food chains

Reducing marketing expenses

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What challenge do SoftBank-backed competitors face according to the transcript?

Limited restaurant partnerships

Lack of technological innovation

Inability to raise additional funds

High employee turnover

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Grubhub view its partnership with Shake Shack?

As a reason for Shake Shack's financial struggles

As a major source of profit

As a temporary arrangement

As a small part of Shake Shack's business

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected trend for the food delivery market in the next five years?

Decreased competition

Reduced market size

More widespread delivery services

Increased focus on dine-in experiences

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key factor for success in the food delivery industry according to the transcript?

Aggressive marketing campaigns

Sustainable economic models

Exclusive partnerships with large chains

High volume of QSR deliveries