On Monday, Seamless North America and GrubHub Inc. announced the signing of a definitive agreement that will merge two of the nation’s premier services for ordering takeout.
If you have any doubts about the powerhouse this coupling will produce, consider this: in 2012, the online and mobile platforms of the two organizations sent approximately $875 million in gross food sales to local takeout restaurants, resulting in combined revenue well in excess of $100 million.
According to a joint announcement issued this morning, the merger will create a combined company in a strong position to “drive more orders to restaurants, deliver a better experience for hungry diners and enhance services to corporate clients.”
We’re told that the combined organization will enable diners and companies in more than 500 cities across the U.S. to order from more than 20,000 local takeout restaurants.
“We are excited to combine the strengths of these two dynamic organizations in an industry that is rapidly gaining traction. We believe the merger will enhance the products we are able to offer both our diners and restaurants,” explained Matt Maloney, GrubHub co-founder and CEO. “GrubHub and Seamless share a common goal to generate more business for local takeout restaurants while providing the best possible service to diners. By combining our complementary restaurant and diner networks, we are well positioned for continued growth in a massive market.”