Food Delivery Search Engine GrubHub Raises $20 Million

techcrunch.com

13 pointsthankuz5 comments

sigh

Techcrunch of course being completely ignorant of the world outside of the US seem to have missed JustEat, a European startup in the same space. GrubHub turned over $85 million last year, JustEat does that kind of volume every month.

I understand how Techcrunch might miss smaller startups, but missing one that has close to a billion dollar annual turnover?

Is there an equivalent one for the Australian market as well?

I saw first hand how powerful (something like) Grub Hub is when I was in Chicago back in 2008. Would be very useful for all of the Australian slackers, erm, students.

Logged in to check the area I live only to find out that no places deliver to me. Given the plethora of places that do, I hope their funding goes a long way towards changing that.

On the other hand, I hope something better comes along. Grubhub charges restaurants 10-15% commission on order (10% figure from $8.5M revenue on $85M food order, 15% figure from other sources I've heard). There got to be a better way.

10% is about standard in the space, it also works out cheaper than say newspaper ads or leafleting.

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