![]() Shackart also said Amazon could “look to acquire the Grubhub operations.” ![]() “Today’s announcement looks like a potential partnership approach to establish itself back in the space.” “Amazon has tried to build its own third-party food marketplace for years and did not have much success,” Ralph Schackart, an analyst with William Blair, wrote in a research note Wednesday. Amazon announced in 2019 that it was shuttering its short-lived restaurant delivery service in the US that delivered food to Prime members. ![]() It also helps bolster its meal delivery efforts. (GRUB)’s Netherlands-based parent company, Just Eat .įor Amazon, the tie-up has the potential to broaden the appeal of its Prime service, which now costs $139 annually. (GRUB), with the possibility to acquire up to 15% if certain business performance conditions are met, according to an announcement from Grubhub Amazon has the option to take a 2% stake in Grubhub Brian van der Brug/Los Angeles Times/Getty ImagesĪt the same time, Amazon could become a stakeholder in Grubhub
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