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Uber is reportedly in talks to buy GrubHub

Uber is in talks to buy GrubHub in an all-stock deal, The Wall Street Journal reports. This comes a few months after reports emerged that GrubHub was looking to sell Uber, DoorDash and others.
According to the report, Uber approached GrubHub earlier this year with an offer, but the two companies are still in talks. Another report says the deal could be finalized sometime this month.
Amid the COVID-19 pandemic, food delivery has been hot. In Q1, Uber Eats experienced major growth with gross bookings of $4.68 billion, up 52% from that same quarter one year ago. GrubHub, meanwhile, saw gross food sales increase to $1.6 billion, up from $1.5 billion in the same period last year.
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