FILE PHOTO: The Uber logo is displayed on a mobile phone in this picture illustration taken November 25, 2019. REUTERS/Hannah McKay/Illustration
May 12, 2020
(Reuters) – Uber Technologies Inc <UBER.N> has made an offer to buy online food delivery company GrubHub Inc <GRUB.N>, Bloomberg News reported on Tuesday.
The two companies are currently in talks about a deal and could reach an agreement as soon as this month, the report said, citing people familiar with the matter. (https://bloom.bg/2LoVtoS)
Ride-hailing company Uber said it does not comment on rumors and speculations, while GrubHub did not immediately respond to a request for comment.
(Reporting by Akanksha Rana in Bengaluru; Editing by Shinjini Ganguli)