atari , inc. was founded in 1993 as gt interactive software corp . in 1999 , infogrames entertainment , sa acquired a controlling interest in gt interactive , renaming it infogrames , inc . as part of infogrames entertainment 's company-wide re-branding in may 2003 , infogrames , inc. finally became known as atari , inc . on october 11 , 2008 , infogrames completed its acquisition of atari , inc. , making it a wholly owned subsidiary .

on january 21 , 2013 , atari , inc. filed for bankruptcy , with president jim wilson stating plans to split off from parent atari , sa .

atari , inc . ( atari , sa subsidiary )

infogrames entertainment sa iesa atari uk atari , inc , infogrames uk ocean software ltd . infogrames europe sa infogrames multimedia sa
atarigameconsole . started this petition to atari , inc . ( atari , sa subsidiary )
formerly gt interactive software , became full subsidiary of atari , sa in 2008 .
atari , inc . ( a new subsidiary , not to be confused with the original atari , inc . )
2000 ( became infogrames entertainment , sa , then atari , inc . in 2003 )
in may 2009 , infogrames entertainment , sa , the parent company of atari , inc . and atari interactive , inc . , announced it would change its name to atari , sa .
gt interactive software corp . changed its name to infogrames , inc . - north american subsidiary of infogrames entertainment sa .
in may 2009 , infogrames entertainment sa was re - branded as atari sa , scrapping the infogrames name for good .
- - atari name licensed from the separately wholly owned atari s . a . subsidiary , atari interactive , inc .
in may 2009 , infogrames entertainment sa , the parent company of atari , and atari interactive , announced it would change its name to atari sa .
, inc . , at that time a wholly owned subsidiary of infogrames interactive , inc . , released
in april 2010 , atari sa board member and former ceo david gardner resigned . original atari inc . co - founder
distribution agreement - infogrames entertainment sa and infogrames inc . - sample contracts and business forms
principal competitors : ati technologies , inc . ; creative technology ltd . ; diamond multimedia inc . ; elsa ag ; hauppauge inc . ; logitech sa ; matrox graphics ; terratec ag ; trust sa .
through the wholly owned subsidiary , atari capital partners , corp . , atari s . a . established the wholly owned subsidiary ,
had merged with in 1996 . infogrames , inc . becomes atari , inc . , infogrames interactive , inc . becomes atari interactive , inc . , and the european operations are renamed
, hasbro interactive inc . , its subsidiary atari interactive , inc . and zao elorg d / b / a elorg corporation filed a lawsuit against
the image below charts the history of how the original atari , inc . became incorporated into infogrames and later became the new atari sa .
atari , inc . , electronic arts , inc . , and vivendi universal games , inc . v . 321 studios , llc
atari , inc . , atari interactive , inc . , and hasbro , inc . v . games , inc . , roger w . ach , ii , and chicago west pullman llc
the company that currently bears the atari brand name and logo is officially atari sa , formerly known as infogrames entertainment sa . ( iesa ) . in october 2008 infogrames completed the purchase of atari , inc . , buying out all remaining public shares of the company for a total of $ 11 million making atari , inc . a privately held company and a fully owned subsidiary of infogrames sa . all atari subsidiaries were now held buy the holding company infogrames sa . in may 2009 iesa announced that it would be changing its name to atari sa . to remove the confusion surrounding the atari and infogrames brands .
on november 6 , 1998 hasbro interactive , inc . acquired all atari corporation related properties from jts and created the subsidiary atari interactive .
infogrames entertainment s . a . announced that it had completed the acquisition of atari , inc . atari , inc . was now a wholly owned subsidiary of california u . s . holdings , inc . , itself a wholly owned subsidiary of infogrames entertainment s . a .
on october 8 , 2008 , infogrames completed its acquisition of atari inc . , making it a wholly owned subsidiary .
hasbro , inc . announces definitive agreement to acquire microprose , inc .
the name of infogrames , inc . , majority owned by infogrames entertainment s . a . via california u . s . holdings , inc . , was changed to atari , inc . - - atari name licensed from the separately wholly owned atari s . a . subsidiary , atari interactive , inc .
was the new name for the subsidiary of atari capital partners , corp . previously known as : atari mobile games , llc - - new company name licensed from the separately wholly owned atari s . a . subsidiary , atari interactive , inc .
for selected titles before officially changing the u . s . subsidiary ' s name to atari , inc . in 2003 .
also video game developer . acquired by atari , sa née infogrames in 1999 , name retired .
petition · atari , inc . : atari to make a new game console · urltoken
atari word mark and logo are trademarks owned by atari interactive , inc .
knight bridging korea v . infogrames , inc . ( now known as atari , inc . ) et al
infogrames entertainment s . a . acquires hasbro and the rights to the atari name ; the company ' s american subsidiary is renamed atari inc . .
the name of hasbro interactive , inc . was changed to : infogrames interactive , inc .
midway games , inc . ( subsidiary of wms industries , formerly known as williams electronics ) acquires atari games corp . from warner communications inc . ( aol time warner in 2000 )
atari s . a . established the new wholly owned u . s . holdings subsidiary ,
atari sa ( société anonyme ) is a french international holding company , and current owner of the atari brand name . it was formerly known as infogrames entertainment . its subsidiaries include atari interactive and atari inc . ( not to be confused with the original atari inc . founded in 1972 ) .
in october 2001 , iesa relaunched the atari brand when atari interactive , inc . , at that time a wholly owned subsidiary of infogrames interactive , inc . , released mxrider . on may 7 , 2003 , iesa officially reorganized its infogrames inc . us subsidiary as a separate nasdaq listed company known as atari inc . , named its european operations as atari europe , renamed infogrames interactive , inc . to atari interactive , inc . , ( a wholly owned subsidiary of iesa ) , rebranded infogrames australia pty ltd as atari australia pty ltd , renamed infogrames melbourne house pty ltd to atari melbourne house pty ltd , infogrames uk became atari uk , while iesa became a holding company .
atari inc . is a public company that , as of 2007 , had , as a majority stockholder , the company california u . s . holdings , inc . , a wholly owned subsidiary of iesa . atari inc . licences the atari trademark from atari interactive , inc . , a license which will expire in 2013 . atari inc . has the rights to publish and sublicense in north america certain intellectual properties either owned or licensed by iesa or its subsidiaries , including atari interactive , inc .
infogrames entertainment s . a . ( lyon , france ) announced completion of its acquisition of hasbro interactive from hasbro , renaming the subsidiary infogrames interactive , inc . atari interactive remained a wholly - owned subsidiary of the newly - renamed infogrames interactive , inc .
harry m . rubin was atari interactive sevp . ( ip agreement with atari , inc . )
gt interactive ceased to exist in december 1999 when infogrames entertainment , sa ( iesa ) took a controlling stake and renamed the company infogrames , inc . [ 5 ] in 2003 , infogrames inc . changed its name to atari inc . [ 6 ]
atari is a corporate and brand name owned by several entities since its inception in 1972 . it is currently owned by atari interactive , a wholly owned subsidiary of the french publisher infogrames entertainment sa ( iesa ) . [ 1 ] atari interactive has in turn licensed the brand name and assets to atari , inc . ( nasdaq : atar ) , a 51 % majority owned subsidiary of infogrames entertainment sa ( iesa ) , encompassing its north american operations .
mindscape sa is a video game development and publishing company with a very turbulent history .
infogrames entertainment s . a . announced that the company would now be known as atari s . a . - - atari name licensed from the wholly owned atari s . a . subsidiary , atari interactive , inc .
on may 7 , 2003 , iesa officially reorganized its infogrames inc . us subsidiary as a separate nasdaq listed company known as atari inc . , named its european operations as atari europe , renamed infogrames interactive , inc . to atari interactive , renamed infogrames uk as atari uk , renamed infogrames australia and infogrames melbourne house as atari melbourne house .
infogrames , inc . acquires hasbro interactive , inc . ( including the urltoken division and the rights to the atari label ) ; infogrames also acquires paradigm entertainment , inc .
in 2003 , infogrames ' us subsidiary infogrames inc . licensed the atari name and logo from atari interactive and changed its name to atari , inc . using it to develop , publish and distribute games for all major video game consoles and personal computers under the atari brand .
jakks pacific , inc . announced that the company ' s subsidiary toymax international has entered into a worldwide licensing agreement with infogrames interactive , inc . to develop and market the
atari inc . is a public company that , as of 2007 , has as majority stockholder the company california u . s . holdings , inc . , a wholly - owned subsidiary of iesa . [ 30 ] atari inc . licences the atari trademark from atari interactive , inc . , a license which will expire in 2013 . [ 28 ] atari inc . has the rights to publish and sublicense in north america certain intellectual properties either owned or licensed by iesa or its subsidiaries , including atari interactive , inc . [ 28 ]
; titles by infogrames interactive , inc . , used under license from midway games west , inc .
/ prnewswire / - - today atari inc . , atari interactive inc . , humongous , inc . and california us holdings , inc . ( collectively , the
companies
) filed petitions for relief under chapter 11 of the united states bankruptcy code in
( pdf ) . infogrames entertainment sa . fiscal year 2005 - 2006 . pp . 7
atari inc . is a public company that , as of 2007 , had , as a majority stockholder , the company california u . s . holdings , inc . , a wholly owned subsidiary of iesa .
( ( ( atari interactive , inc . > overview ) ) )
in 2003 , infogrames ' us subsidiary infogrames , inc . licensed the atari name and logo from atari interactive and changed its name to atari , inc . [ 12 ] using it to develop , publish and distribute games for all major video game consoles and personal computers under the atari brand .
iesa has since retired the gt interactive brand , after infogrames , inc . became atari , inc . in 2003 . [ 28 ]
after iesa ' s acquisition of hasbro interactive , infogrames , inc . intermittently published atari branded titles for infogrames interactive . on october 11 , 2008 , infogrames completed its acquisition of atari , inc . , making it a wholly owned subsidiary .
infogrames entertainment sa announces to fully acquire the company , after having been the major shareholder already .
in 2001 infogrames entertainment sa ( iesa ) bought hasbro interactive and renamed it to infogrames interactive .
copyright © 2012 atari , inc . all rights reserved . atari and the atari logo are trademarks owned by atari interactive , inc . all other trademarks are the property of their respective owners . privacy policy | terms of use
topics : atari anniversary edition , atari , infogrames , infogrames interactive , infogrames interactive inc . , . . .
certificate of ownership and merger merging atari interactive , inc . with and into infogrames interactive , inc . was executed by president denis guyennot .
in 1984 , the original atari inc . was split due to its role in the
infogrames re - brands the company . company name is changed to atari , inc .
the name of hiac xi corp . was changed to : atari interactive , inc .
atari interactive , inc . is a division of atari s . a . of paris , france . according to atari ( may 2018 ) :
atari ( benelux ) b . v . ; atari taiwan manufacturing corporation ; atari computer corporation ; atari microsystems corporation .
in october 2001 , iesa relaunched the atari brand when atari interactive , inc . , at that time a wholly owned subsidiary of infogrames interactive , inc . , released mxrider [ 26 ] [ 21 ] . on may 7 , 2003 , iesa officially reorganized its infogrames inc . [ 27 ] us subsidiary as a separate nasdaq listed company known as atari inc . , named its european operations as atari europe , renamed infogrames interactive , inc . to atari interactive , inc . , [ 21 ] ( a wholly - owned subsidiary of iesa ) , [ 28 ] rebranded infogrames australia pty ltd as atari australia pty ltd , [ 6 ] renamed infogrames melbourne house pty ltd to atari melbourne house pty ltd , [ 13 ] infogrames uk became atari uk , [ 5 ] while iesa became a holding company . [ 29 ]
atari interactive , inc . ( established feb . 12 , 1998 as hiac xi , corp . ) was merged with and into infogrames interactive , inc . ( established dec . 8 , 1995 as hasbro interactive , inc . ) , which was renamed to : atari interactive , inc .
an atari video game system or computer , such as the atari 2600 or atari st .
in 2001 , hasbro sold hasbro interactive and its subsidiaries to french publisher infogrames entertainment , sa ( iesa ) . iesa then renamed it to infogrames interactive , inc . . on may 7 , 2003 , iesa officially reorganized its subsidiaries into atari - branded names , which included renaming infogrames interactive , inc . to atari interactive , inc . ,
principal subsidiaries : guillemot bv ( netherlands ) ; guillemot conditionnement sarl ; guillemot conditionnement france sarl ; guillemot participations sa ; guillemot france sa ; guillemot gmbh ( germany ) ; guillemot logistique sarl ; guillemot logistique inc . ( canada ) ; guillemot logistik gmbh ( germany ) ; guillemot logistique france ; guillemot logistics ltd ( hong kong ) ; guillemot logistica sl ( spain ) ; guillemot logistic ltd ( u . k . ) ; guillemot ltd ( u . k . ) ; guillemot ltd ( hong kong ) ; guillemot manufacturing ltd ( u . k . ) ; guillemot sa ( spain ) ; guillemot sa ( belgium ) ; guillemot online . com , inc . ( u . s . ) ; guillemot , inc . ( u . s . ) ; guillemot , inc . ( canada ) ; guillemot recherche et développement sarl ; guillemot recherche et développement , inc . ; guillemot studio graphique sarl ; guillemot support technique sarl ( canada ) ; hercules technologies sa ; hercules technologies , inc . ; ( u . s . ) ; logicosoftware sa ( switzerland ) ; thrustmaster sa ; thrustmaster , inc . ( u . s . ) .
atari us isn ' t , the classic atari brand and ip is all under atari interactive . atari us ( atari inc . ) is just the former gt interactive , and there ' s not much there .
the new corporate entity , atari , inc . was established by infogrames entertainment s . a . to take over the business of infogrames , inc . , but this atari , inc . would end up unused . instead , a name change for infogrames , inc . would be executed on may 6 , 2003 .
it was the owner of atari , inc . , headquartered in new york city , u . s . and atari europe .
on december 16 , the deal was consummated and gt interactive was no more , becoming infogrames , inc . , a subsidiary of iesa . [ 3 ]
infogrames entertainment s . a . established the indirect ( via california u . s . holdings , inc . ) wholly owned u . s . subsidiary , irata acquisition corp . , for the purpose of acquiring 100 % ownership of atari , inc .
in 2001 , hasbro sold hasbro interactive and its subsidiaries to french publisher infogrames entertainment , sa ( iesa ) . iesa then renamed it to infogrames interactive , inc . . [ 4 ] on may 7 , 2003 , iesa officially reorganized its subsidiaries into atari - branded names , which included renaming infogrames interactive , inc . to atari interactive , inc . , [ 11 ]
( iesa ) bought hasbro interactive in 2001 and renamed it to infogrames interactive , later atari interactive in 2003 , when infogrames inc . licensed the atari name and logo from the latter and changed its name to atari inc . ,
most of what ' s going on is ridiculous posturing and a shell game . when jim wilson took over as both head of infogrames ( renamed to atari sa ) and atari inc . , he gutted atari inc . and sent most of the staff to atari sa - which relocated it ' s operations to los angeles to be near cryptic ( cryptic was handing most of the operations for the company ) . at that point atari inc . was a handful of people in cubes in an office in new york . i . e . it was a paper only company . that ' s why when jim concocted the story in january about wanting to break free from atari sa it made zero sense - he was head of both companies .
in october 2001 , iesa relaunched the atari brand when atari interactive , inc . , at that time a wholly owned subsidiary of infogrames interactive , inc . , released the games mxrider , splashdown and transworld surf . infogrames would use the atari name for various console and demographic ( 18 - 34 year old adults ) games .
atari sa . , based in france now acts as a holding company for all the remaining atari subsidiaries , ( known collectively as atari group ) the largest being atari , inc . based in the u . s . which accounted for more than 80 % of consolidated revenue for the fiscal year 2009 / 2010 .
through its california u . s . holdings , inc . subsidiary , infogrames entertainment s . a . acquired a controlling ownership share of gt interactive software corp .
atari s . a . and its u . s . entities ( atari inc . , atari interactive inc . , humongous , inc . and california u . s . holdings , inc . ) requested filings for book 6 procedures in france and chapter 11 protection in the united states ( u . s bankruptcy court for the southern district of new york ) .
currently by atari interactive , a subsidiary of the french publisher atari , sa ( asa ) . the original atari , inc . founded in 1972 by nolan bushnell and ted dabney was a pioneer in arcade games , home video game consoles , and home computers . the company ' s products , such as pong and the atari 2600 , helped define the electronic entertainment industry from the 1970s to the mid - 1980s .
to make matters even more confusing , atari sa is the parent company formerly known as infogrames , while atari inc is the video game developer owned by atari sa . furthermore , atari interactive is another subsidiary that acts as a publisher for the company ' s pc games . at least i think that ' s how it goes . basically , the atari ( s ) that is / are still around has / have very little to do with the atari that was once at the top of the video game world . it ' s a disappointing end for a company as important to the development of the whole video game industry as atari .
jts sold substantially all of the assets of its atari division , consisting primarily of the atari intellectual property rights and license agreements , to hiac xi corp . , a wholly - owned subsidiary of hasbro interactive ( which was established in 1995 as a subsidiary of toy company hasbro , inc . ) , for us $ 5 million .
atari announced it had entered into a license agreement with google , inc . , allowing it to use
hasbro , inc . acquires atari corporation ( from jts corp . ) , microprose , and tiger elect
on january 21 , 2013 , atari , inc . , atari interactive , inc . , humongous , inc . and california us holdings , inc . ( collectively , the
companies
) filed petitions for relief under chapter 11 of the united states bankruptcy code in the united states bankruptcy court for the southern district of new york .
now consider atari . the atari that’s making the ataribox has almost nothing to do with the company whose name it goes by . the three atari companies , which all filed for bankruptcy in january 2013 , re - emerged one year later under the stewardship of french financial consultant frédéric chesnais . as of march 2014 , atari had ten employees . atari interactive , the company making this console , is a wholly - owned subsidiary of atari , sa . a french holding company headquartered in paris , which also owns atari , inc .
on may 7 , 2003 , infogrames had its majority - owned , but discrete us subsidiary infogrames na officially renamed atari , inc . , renamed its european operations to atari europe but kept the original name of the main company infogrames entertainment .
kathy butters , previously of psygnosis ( subsidiary of sony ) , joined atari interactive as vp intellectual property , business development & affairs group .
hasbro interactive , inc . , a subsidiary of hasbro , inc . announced that a subsidiary had acquired copyrights , trademarks , patents and other intellectual property assets of the atari division of jts corporation . the atari properties and assets included over 75 game properties including the titles centipede , missile command , pong , breakout and tempest . hasbro interactive planned to release its first atari title in the fall with centipede for both the pc and sony playstation game console .
infogrames completes atari inc acquisition / / news . gamesindustry . biz . retrieved on 2009 - 11 - 02
the offer would make infogrames sole owner of atari inc . , thus making it a privately held company .
is a public company that , as of 2007 , has as majority stockholder the company california u . s . holdings , inc . , a wholly owned subsidiary of iesa .
also video game developer , marketer , and distributor . subsidiary and publishing label of take - two interactive .
atarigameconsole . needs your help with “ atari , inc . : atari to make a new game console ” . join atarigameconsole and 15 supporters today .
atari , inc . didn ' t begin its life as atari , but rather gt interactive . it was then named infogrames , inc . in 1999 thanks to a company stake increase , and finally , was renamed to atari , inc . in 2003 once infogrames was able to acquire the rights to use the atari name . while you ' re going to be seeing the name
pong
thrown around a lot when reading about this bankruptcy , atari , inc . had absolutely nothing to do with atari until 2001 .
an earnings press release on july 24 , 2009 also provided clarification regarding the ensuing name change that was initially announced some two months prior , rebranding themselves as atari , sa from infogrames , sa . furthermore , this release also stated their intentions of henceforth utilizing the much more recognizable ' atari group ' moniker with all atari - related brands and similar such subsidiaries already under their control .
hasbro interactive was an american video game production and publishing subsidiary of hasbro , the large game and toy company .
, title by atari interactive , developed by code mystics , on play atari .
the company that currently bears the name atari inc . was founded in 1993 under the name gt interactive . iesa acquired a 62 % controlling interest in gt interactive in 1999 , and proceeded to rename it infogrames , inc . after iesa ' s acquirement of hasbro interactive and its related atari properties in 2001 , infogrames , inc . intermittently published atari branded titles for infogrames interactive . in 2003 , infogrames inc . licensed the atari name and logo from atari interactive and changed its name to atari inc . currently , atari inc . develops , publishes and distributes games for all major video game consoles , as well as for the personal computer , and is currently one of the largest third - party publishers of video games in the united states .
sample contracts - agreement and plan of reorganization - atari corp . and jt storage inc . - competitive intelligence for investors
infogrames entertainment s . a . and atari , inc . announce agreement to merge : financial news - yahoo ! finance
, this network also handles the distribution for atari , inc . ' s affiliate labels , which include such companies as
is a public company that , as of 2007 , had , as a majority stockholder , the company california u . s . holdings , inc . , a wholly owned subsidiary of iesa .
august 17 : atari filed a lawsuit against nestle sa et al in u . s . district court , accusing nestle of copyright and trademark infringement and unfair competition by using without permission the classic 1970s video game
breakout
in a new marketing campaign for its kit kat chocolate - covered wafers . atari was seeking three times nestle ' s profit from the alleged infringement , plus triple and punitive damages . nestle sa , nestle uk and nestle usa were named as defendants . see : atari interactive inc v nestle sa et al , u . s . district court , northern district of california , no . 17 - 04803 .
, another game company that specialized in simulation games , to form microprose inc .
the company sells off its mac game business , macsoft , to destineer inc .
january 22 : hyperware , inc . and quantum3d , inc . , announced the signing of license and distribution agreements making hyperware the worldwide exclusive distributor of ultracade .
on april 30 , 2008 , atari inc . announced its intentions to accept infogrames ' buyout offer and merge with infogrames .
( ( ( atari interactive , inc . > overview ) ) ) . allgame . retrieved on 2009 - 11 - 02
hiac xi corp . was established by hasbro , inc . for the purpose of acquiring the atari assets of jts corporation .
things got so convoluted that , at one point , the 2001 ps2 remake of spy hunter was developed by atari inc . subsidiary paradigm entertainment and published by midway games , which controlled the dying remnants of the original atari ' s arcade division . never mind that the original spy hunter had nothing whatsoever to do with atari .
no . battlezone was in a separate auction from the classic atari ip and brand name ( which has not been auctioned yet ) as was math grand prix . and the title of this thread is a little misleading . the ip of the current atari ( atari sa / infogrames ) has been auctioned off , the newer titles and companies . not the atari brand name or original ( classic ) ip under atari inc . / atari interactive . that ' ll be happening yet .
track the use of the atari brand ( licensed from atari interactive ) by infogrames on properties not themselves assigned to atari interactive .
, owned by atari interactive and licensed by atari , to ship first quarter 2007 .
, licensed by atari interactive . 92 games total . 72 titles by atari interactive :
, licensed by atari interactive . 100 games total . 78 titles by atari interactive :
infogrames entertainment s . a . and atari , inc . announced that they had reached a definitive agreement to merge . through california u . s . holdings , inc . , infogrames entertainment s . a . would acquire the remaining outstanding equity interests of atari , inc . ( other than shares of common stock held by infogrames entertainment s . a . or its affiliates , which would be cancelled ) for us $ 1 . 68 per share , equivalent to a cash payment of approximately us $ 11 million . through california u . s . holdings , inc . , infogrames entertainment s . a . was already controlling majority shareholder in atari , inc . , holding approximately 51 . 4 % . following the merger , through california u . s . holdings , inc . , atari , inc . would become a wholly - owned subsidiary of infogrames entertainment s . a .
atari interactive is a name used by several separate groups and corporations since the mid - 1990s . in 1996 , it was the name of atari corporation ' s pc publishing division , bringing games like the atari jaguar ' s tempest 2000 to the pc platform . from 1998 to 2001 , atari interactive , inc . was the name of the corporate entity that held the atari properties purchased from jts by hasbro in 1998 , and functioned as the retro publishing subsidiary of hasbro interactive . it is currently the name of a wholly owned subsidiary of atari , sa ( formerly infogrames ) , who is the current owner of the atari brand and various other properties formerly belonging to hasbro interactive . it was formed in 2001 , when iesa acquired hasbro interactive and proceeded to rename it to infogrames interactive . in 2003 , iesa then changed the company name entirely to atari interactive , inc . as part of its worldwide reorganization to focus on use of the atari brand .
atari inc - 10 - kt — for 3 / 31 / 03 . sec info . retrieved on 2009 - 11 - 02
on april 30 , 2008 , atari inc . announced its intentions to accept infogrames ' buyout offer and to merge with infogrames .
it also bought majority ownership of gt interactive in the late 90s ( gt itself had previously bought humongous ) , which it then forced to rename itself infogrames inc . , becoming the us subsidiary of infogrames . in 2003 it then forced it to rename itself atari inc . ( and ironically it was forced to license the name and properties from atari interactive ) . this is the company that everyone seems to be confusing with the original atari . in 2008 infogrames then bought the rest of the company , making it a wholly owned subsidiary as well .
microprose inc / de quarterly report ( 10 - q ) item 1 . legal proceedings
assumed the new subsidiary ' s $ 75 million bank debt and had invested $ 30 million at gt interactive by june 2000 .
infogrames purchased hasbro interactive from hasbro for $ 100 million . included in the sale were all rights to hasbro interactive ' s properties and subsidiaries including atari corporation - the original atari company - which was at that time owned by hasbro interactive . this gave infogrames exclusive rights to games franchises such as civilization and dungeons and dragons . hasbro interactive was later renamed infogrames interactive , inc . and atari corporation became atari interactive , inc . which was a subsidiary wholly owned by infogrames interactive , inc . at this time the atari brand was not being actively used to promote infogrames as a company or its various rights and properties .
atari inc . in new york , new york , u . s founded as gt interactive in 1993 , acquired in december 2001 .
atari inc . in new york , new york , u . s founded as gt interactive in 1993 , acquired in december 2001 .
atari , inc . reports receipt of non - binding offer from infogrames entertainment s . a . : financial news - yahoo ! finance
in 1984 , the original atari inc . was split and the arcade division was turned into atari games inc . atari games received the rights to use the logo and brand name with appended text “games” on arcade games , as well as rights to the original 1972–1984 arcade hardware properties . the atari consumer electronics division properties were in turn sold to tramel technology ltd . , which then renamed itself to atari corporation .
atari ( from a japanese verb meaning
to hit the target
) is a corporate and brand name owned by several entities since its inception in 1972 , currently by atari interactive , a subsidiary of the french publisher atari , sa ( asa ) . the original atari , inc . company which was founded in 1972 by nolan bushnell and ted dabney , was a pioneer in arcade games , home video game consoles , and home computers . the company ' s products , such as pong and the atari 2600 , helped define the electronic entertainment industry from the 1970s to the mid - 1980s . in 1983 the original atari , inc . was defunct , following the events of the famous video game burials of 1983 . this article is going to focus mostly on the original atari company founded in 1972 .
atari interactive is a name used by several separate groups and corporations since the mid - 1990s . in 1996 , it was the name of atari corporation ' s pc publishing division , bringing games like the atari jaguar ' s tempest 2000 to the pc platform . [ 1 ] [ 2 ] from 1998 to 2001 , atari interactive , inc . was the name of the corporate entity that held the atari properties purchased from jts by hasbro in 1998 , and functioned as the retro publishing subsidiary of hasbro interactive . [ 3 ] it is currently the name of a wholly owned subsidiary of atari , sa ( formerly infogrames ) , who is the current owner of the atari brand and various other properties formerly belonging to hasbro interactive . it was formed in 2001 , when iesa acquired hasbro interactive and proceeded to rename it to infogrames interactive . [ 4 ] in 2003 , iesa then changed the company name entirely to atari interactive , inc . as part of its worldwide reorganization to focus on use of the atari brand . [ 5 ]
on april 30 , 2008 , atari inc . announced its intentions to accept infogrames ' buyout offer and merge with infogrames . [ 42 ]
atari , inc . in new york , new york , u . s founded as gt interactive in 1993 , acquired in december 2001 .
through our relationship with our majority stockholder , infogrames entertainment s . a . , a french corporation ( iesa ) , listed on euronext , our products are distributed exclusively by iesa throughout europe , asia and other regions . similarly , we exclusively distribute iesas products in the united states , canada and their territories and possessions . iesa owns approximately 59 % of us directly and through its wholly - owned subsidiary california u . s . holdings , inc . ( cush ) and its majority - owned subsidiary atari interactive , inc . ( atari interactive ) .
, both by atari interactive , both developed by code mystics , to the atari arcade section ( online free play ) of atari . com .
joined atari , including atari interactive , as cfo , replacing fabrice hamaide who departed the company .
rights ( properties of atari interactive ) were sold by atari to uk studio rebellion interactive .
. . . was coin - op . atari games is dead . long live atari games !
again same thing . battlezone had already been separated due to another previous project , hence not being a part of the main classic ip , which is all still under atari interactive / atari inc . . as i stated it ' s still only just the non
original
atari properties and companies at this point , all the other stuff under the atari sa umbrella , which those two specific games had been moved under because of the above .
in april 1985 , they released the first update to the 8 - bit computer line — the atari 65xe , the atari xe series . june 1985 saw the release of the atari 130xe , atari user groups received early sneak - preview samples of the new atari 520st’s , and major retailer shipments hit store shelves in september 1985 of atari’s new 32 - bit atari st computers . in 1986 , atari launched two consoles designed under warner — the atari 2600jr and the atari 7800 console ( which saw limited release in 1984 ) . atari rebounded .
infogrames entertainment sa acquires for a total investment of $ 135 million a controlling stake in major american publisher gt interactive software corp . , including its seven internal development studios .
atari ' s australian subsidiary also distributes games for konami of europe , codemasters uk , eidos interactive and sci . konami has an australian headquarters but this is for konami ' s gaming machines .
also at e3 , tiger electronics ( another subsidiary of hasbro ) introduced centipede , title by atari interactive , for the tiger urltoken ( handheld ) and the new tiger urltoken pocket pro handheld .
in 1996 , atari corporation reverse merged with disk drive manufacturer jt storage ( jts ) , [ 7 ] becoming a division within the company . in 1998 , hasbro interactive acquired all atari corporation related properties from jts , [ 8 ] creating a new subsidiary , atari interactive . [ 9 ]
kristen keller , previously atari vp & general counsel , was promoted to atari svp & general counsel .
kristen keller , previously atari svp & general counsel , was promoted to atari evp & general counsel .
prior to 1976 , atari produced arcade games and home pong games . to raise capital for the production of a new cartridge gaming system , bushnell sold atari to warner communications . he was named chairman of the board . after disagreements over the direction the company should take , bushnell left atari in 1978 . there followed numerous re - structures , name changes and buy - outs , and atari is now a subsidiary of the french holding company atari sa , formerly known as infogrames entertainment . in 2010 , it was announced that bushnell would join the company’s board of directors .
in 2007 , interactive game group acquired the microprose brand from atari interactive inc , which filed for transfer of trademark protection on december 27 , 2007 .
groups . however , odak had plenty of the desired consumer marketing experience with such companies as armour - dial , jovan inc . , and atari .
, the world ' s first arcade video game , for nutting associates . on june 27 , 1972 atari , inc . was incorporated and soon hired
atari interactive started as a subsidiary of hasbro interactive , after hasbro interactive acquired all atari corporation related properties from jts in 1998 . iesa in turn acquired hasbro interactive in 2001 , and proceeded to rename it to infogrames interactive . in 2003 , iesa then changed the company name entirely to atari interactive .
the name of gt interactive software corp . , majority owned by infogrames entertainment s . a . via california u . s . holdings , inc . , was changed to : infogrames , inc .
on april 11 , 1994 the software toolworks were acquired by london - based media group pearson , plc for a reported $ 500 million usd . peason ditched the software toolworks brand , grouping both companies under the name mindscape inc . with peason plc in charge , mindscape inc . acquired strategic simulations ( which operated as a subsidiary ) and micromagic .
© 2018 relationship science llc . all rights reserved . certain information provided by factset research system inc .
playism part of active gaming media inc . , focuses on the localization and distribution of video games .
infogrames has announced that it has completed the deal to buy atari inc , the us - based publisher , in a deal worth around usd 11 million .
on march 6 , 2008 , infogrames made an offer to atari inc . to buy out all remaining public shares for a value of us $ 1 . 68 per share or us $ 11 million total . the offer would make infogrames sole owner of atari inc . , making it a privately held company .
the atari jaguar was a commercial failure and it discontinued in 1996 then atari stopped making game consoles and now we want atari to make a new game console .
frequently asked questions — atari australia . atari . com . au . retrieved on 2009 - 11 - 02
infogrames entertainment s . a . adopted the atari brand , licensed from atari interactive , for all operations .
, developed by code mystics , on steam for windows , featuring 100 atari arcade and atari 2600 games .
bought by warner bros . in 1976 , closed in 1984 , assets split between atari corporation and atari games
infogrames entertainment was an international french holding company headquartered in lyon , france . it was the owner of atari , inc . , headquartered in new york city , u . s . , atari interactive , and various other international companies branded using atari ' s name .
irata acquisition corp . , an indirect , wholly owned subsidiary of infogrames entertainment s . a . , was merged with and into atari , inc . as a result of the merger , each share of atari , inc . common stock held at the close of business on october 8 ( other than treasury shares , any shares owned by infogrames entertainment s . a . or its affiliates and any shares as to which stockholders of atari , inc . had perfected rights under section 262 of the delaware general corporation law ) automatically converted into a right to receive a cash payment of $ 1 . 68 per share , without interest .
atari inc . received court approval of its plan to exit bankruptcy under the control of its french parent atari s . a . judge james peck of the u . s . bankruptcy court in manhattan , presiding .
for $ 135 million , and assumed the new subsidiary ' s $ 75 million bank debt . by june 2000 infogrames had invested another $ 30 million in
this deal was completed on september 14 , when hasbro bought 91 % of microprose ' s shares and announced that microprose had become a wholly owned subsidiary .
merger between infogrames , inc . and infogrames north america completes . nasdaq ticker changes from gtis to ifgm .
on march 6 , 2008 , infogrames made an offer to atari inc . to buy out all remaining public shares for a value of us $ 1 . 68 per share or us $ 11 million total . the offer would make infogrames sole owner of atari inc . , making it a privately held company . [ 41 ]
and encompasses its north american operations . headquartered in new york city , atari , inc . employs approximately 150 employees across the u . s . currently one of the largest third - party publishers of interactive entertainment software in the united states . , atari , inc . develops , publishes and distributes games for all available platforms . infogrames entertainment once the majority shareholder in atari , inc , announced at the end of april 2008 to fully reacquire the company and bring to a closure a period of financial underperformance and making the atari group whole again .
atari inc ' s former management team of jim wilson , tim flynn and jeff reese will remain with the company to focus on growing the historically - troubled atari brand in north america under gardner ' s new vision .
atari s . a . announced the addition of nolan bushnell ( co - founder of the original atari inc . ) , and tom virden to the board of directors , replacing the departed david gardner and phil harrison .
atari announced the phase one re - launch of atari . com . the new atari arcade section of the web site would feature free official online versions of games by atari interactive , each developed by code mystics , including :
on october 9 , 2008 , infogrames completed its takeover of atari inc . with that acquisition the atari brand was re - united under infogrames . infogrames said that it planned to reduce administrative costs and to focus on online gaming . namco bandai buyout of atari europe and distribution partners
atari , inc . terminates its existing distribution agreements with infogrames enters into a new distribution agreement covering the distribution by atari , inc . of interactive entertainment software games produced or acquired by infogrames and its affiliates in north america . this new distribution agreement covers the distribution of infogrames ' products in north america for the next three years .
atari s . a . announced the withdrawal of their filing for bankruptcy protection . the bankruptcy proceedings for atari ' s us subsidiaries , including atari interactive , would proceed .
by 1996 , a series of successful lawsuits had left atari with millions of dollars in the bank , but the failure of the lynx and jaguar left atari without a product to sell . tramiel and his family also wanted out of the business . the result was a rapid succession of changes in ownership . in july 1996 , atari merged with jts inc . , a short - lived maker of hard disk drives , to form jts corp . in 1998 , hasbro interactive acquired all atari corporation related properties from jts , creating a new subsidiary , atari interactive . infogrames entertainment bought hasbro interactive in 2001 and renamed it to infogrames interactive , and then to atari interactive in 2003 . after iesa’s acquisition of hasbro interactive , infogrames , inc . intermittently published atari branded titles for infogrames interactive .
the atari 5200 supersystem , commonly known as the atari 5200 , is a home video game console that was introduced in 1982 by atari inc . as a higher - end complementary console for the popular atari 2600 . the 5200 was created to compete with the intellivision , but wound up more directly competing with the colecovision shortly after its release .
distributors ' insistence on exclusive distribution deals ; both atari and kee could market virtually the same game to different distributors , with each getting an
exclusive
deal . though kee ' s relationship to atari was invented in 1974 , joe keenan ' s management of the subsidiary led to him being promoted president of atari that same year .
, by and among infogrames entertainment s . a . , california u . s . holdings , inc . and
, first union national bank , as administrative agent , and california u . s . holdings , inc . (
s grand ice cream , inc . , its midwestern partner . by the end of 1992 , ben & jerry
, which iesa also renamed to infogrames , inc . and acquired a 62 % controlling interest in by 1999 .
gt interactive software corp . and scavenger inc . enter into a multi - title distribution agreement for several pc titles
copyright © 2018 onecle inc . no claim to contracts derived from securities filings . terms of service | privacy policy
correct , those were home games . i don ' t see what the issue is , curt and i have never stated anything different . when atari inc . was split in ' 84 , atari corp . got the home rights to all atari inc . coin properties as well as any copyright and tm filings ( since most of those properties were used in the consumer market as well ) and atari games got the arcade rights as well as all patents .
, both for playstation 2 , to ship within weeks under the newly reinvented atari brand , licensed from atari interactive .
kristen keller , previously atari senior director , legal & business affairs , was promoted to atari vp & general counsel .
atari and pariplay announced the upcoming launch of the atari lotto online site , to open by the end of 2016 .
in 1984 , the original atari inc . was split , and the arcade division was turned into atari games inc . . atari games received the rights to use the logo and brand name with appended text
games
on arcade games , as well as rights to the original 1972 - 1984 arcade hardware properties . the atari consumer electronics division properties were in turn sold to jack tramiel ' s tramel technology ltd . , which then renamed itself to atari corporation . in 1996 , atari corporation reverse merged with disk drive manufacturer jt storage ( jts ) , becoming a division within the company .
atari as a company does not exist . it was a long , drawn out demise , however . it began in 1976 , when atari , inc . was sold to warner communications . the atari you ' re all thinking of was always a wholly owned subsidiary of warner . in 1984 , atari as a company ceased to exist in its entirety . warner liquidated what it could , and sold the ip largely to jack tramiel - this included the trademarks and branding . warner retained the atari arcade machine business , naming it atari games . warner sold this to namco in 1985 . ataritel , where some of the home computer technology had ended up , was sold to mitsubishi . now undead , atari shambled along under tramiel as atari corporation , [ . . . ]
star raiders touch pad controller and game manual . back of manual : “atari , inc . , consumer division , 1195 borregas ave . , sunnyvale , ca 94086” copyright 1980 .
for $ 135 million , and assumed the new subsidiary ' s $ 75 million bank debt . by june 2000 infogrames had invested another $ 30 million in gt interactive .
s grand ice cream , inc . , its mid western partner . by the end of 1992 , ben & jerry
under current management , atari inc . has shifted its business from traditional retail games to digital games and licensing with an increased focus on developing mobile games based on some of atari ' s most iconic and enduring franchises . with these moves , the company has added new revenue models , including digital download and advertising . as a result , atari inc . has become a growth engine for atari s . a . , which in turn has reported consecutive annual profits in 2011 and 2012 .
infogrames entertainment sa ( iesa ) was an international french holding company headquartered in villeurbanne , lyon , france . it was the owner of atari , inc . , headquartered in new york city , u . s and atari europe . it was founded in 1983 by bruno bonnell and christophe sapet using the proceeds from an introductory computer book . through its subsidiaries , infogrames produced , published and distributed interactive games for all major video game consoles and computer game platforms .
in 1973 , atari secretly spawned a competitor called kee games , headed by nolan’s next door neighbor joe keenan , to circumvent pinball distributors’ insistence on exclusive distribution deals ; both atari and kee could market virtually the same game to different distributors , each getting an “exclusive” deal . joe keenan’s management of the subsidiary led to him being promoted president of atari that same year .
in favor of first union national bank , as administrative agent , and california u . s . holdings , inc . (
hasbro is a trademark of hasbro , inc . and is issued with permission . wizards of the coast and dragonshard are trademarks of wizards of the coast , inc . in the usa and other countries and is used with permission . 2006 wizards .
at this point mindscape inc . had branches all over the world , and were one of the biggest video game publishers .


grubhub is an online and mobile food-ordering company that connects diners with local restaurants .

based in chicago , the company has more than 8.75 million active diners , and 50,000 restaurant partners in over 1,100 cities across the united states and the united kingdom .

grubhub

grubhub holdings inc . the grubhub holdings inc . grubhub is an equal opportunity employer . portfolio of brands includes grubhub , seamless , menupages and allmenus . . .
the grubhub portfolio of brands includes grubhub , seamless , eat24 , allmenus and menupages .
glassdoor has 128 grubhub reviews submitted anonymously by grubhub employees . read employee reviews and ratings on glassdoor to decide if grubhub is right for you .
grubhub ceo matt maloney sent an email speaking out against president - elect donald trump to grubhub employees .
grubhub is an equal opportunity employer . we’re grubhub , the nation’s leading online and mobile food ordering company . . . .
about grubhub grubhub is the nation ' s leading online and mobile food ordering company dedicated to connecting hungry diners with . . .
getting grubhub is awesome . and so is giving it ! check out these updates that make grubhub the gift that keeps on giving .
. the grubhub portfolio of brands includes grubhub , seamless , allmenus , menupages , labite , restaurants on the run , diningin and delivered dish .
grubhub is an equal opportunity employer . we’re grubhub , the nation’s leading online and mobile food ordering company . about the opportunity . . . .
the company was formed last year via a merger of chicago - based grubhub and new york - based seamless , and was named grubhub seamless .
we’re grubhub , the nation’s leading online and mobile food ordering company . maintain a fun culture and environment in alignment with the grubhub values . . . .
, grubhub ceo .
with grubhub delivery now in roughly 70 markets across the country and a significantly improved restaurant network , we enter 2017 well positioned to press our market leading advantage and give grubhub growth momentum for years to come .
grubhub seamless merger a boon for consumers who could never recall which was which .
grubhub delivery is offered in the following cities , and expanding all the time .
grubhub to buy yelp ' s eat24 for $ 287 . 5 million
grubhub priced its initial public offering of 7 . 4 million shares at $ 26 per share late thursday . grubhub raised nearly $ 200 million in the deal .
the comparably diversity score tracks how positively diverse employees rate their experience at grubhub .
glassdoor gives you an inside look at what it ' s like to work at grubhub , including salaries , reviews , office photos , and more . this is the grubhub company profile . all content is posted anonymously by employees working at grubhub .
grubhub then went on to issue a statement as word of its ceo’s comments spread .
enter your email to stay up - to - date on the latest grubhub news .
grubhub says it has handled $ 200 million in delivery and pickup orders since 2004 .
become a grubhub driver and deliver customers the food they love from their favorite restaurants .
update 4 / 6 : a reader pointed out another aggressive scheme of grubhub seamless’s .
is your takeout worth $ 1 . 7 billion ? grubhub ' s ipo thinks so
it’s easy and free to get started . you only pay when grubhub sends you orders .
ask a question about working or interviewing at grubhub . our community is ready to answer .
barbara martin coppola , grubhub ' s cmo , has 17 years of global . . .
in a statement posted by grubhub later thursday evening , maloney said his comments had been misconstrued .
mission : grubhub is on a mission to place our diners favorite restaurants at their finger tips .
grubhub q1 daily average grubs up 35 % to 436 . 9k ; factset consensus 442 . 5k
grubhub ( grub ) matthew m . maloney on q1 2016 results - earnings call transcript
sure enough , there ' s the seamless name under grubhub on the signs and marketing materials around the floor , and it ' s one of four names on the outside of the new york stock exchange . but grubhub looms large there , and the company ' s grubhub to the public now .
online food ordering service grubhub ( formerly grubhub seamless ) filed paperwork on friday for an initial public offering up to $ 100 million and released numbers showing its recent growth in users and revenue . in grubhub ' s s - 1 filing , the company touts a stellar 67 % revenue growth rate .
grub stock price - grubhub inc . stock quote ( u . s . : nyse ) - marketwatch
grubhub q1 active diners up 72 % to 15 . 1 mln ; factset consensus 15 . 1 mln
the grubhub co - founder then went on to blast the billionaire’s “demeaning” rhetoric towards minorities and other groups .
grubhub is our national brand , so most markets in the u . s . are under grubhub . seamless we ' ve really pulled back to manhattan ,
maloney says . that ' s a shift from immediately following the company ' s merger , which closed last august as the combined name grubhub seamless . grubhub quietly took the seamless off its corporate name in february , according to its regulatory s - 1 filing .
we’re grubhub , the nation’s leading online and mobile food ordering company . about the opportunity . . . .
for the fourth quarter , grubhub expects revenue in the range of $ 136 million to $ 138 million .
grubhub ' s portfolio of brands includes orderup , seamless , allmenus , menupages , restaurants on the run , diningin , delivered dish , eat24 and labite . diners who order through grubhub ' s website or mobile apps—for
grubhub ceo matt maloney : if you agree with trump , resign - minneapolis / st . paul business journal
to discuss the fourth quarter 2016 financial results . the webcast can be accessed on the grubhub investor relations website at
special delivery : $ grub . watch @ grubhub ' s # nysebell & # nyseipo : urltoken # live urltoken
earlier this month , grubhub announced changes to its board of directors , including the departure of warburg pincus managing director justin sadrian , who joined the board of food ordering and delivery company seamless before it was acquired by grubhub .
grubhub , which saw its growth slow and stock price plummet in 2015 , won’t be immune from these challenges .
i acknowledge and agree that i am the registered user of the mobile phone number and email address provided . in connection with my application with grubhub and if i am engaged to perform delivery services as a grubhub delivery partner , i hereby authorize grubhub , its affiliates , and its third - party service providers to contact me via voice , text and / or email using the contact information provided .  i have read and understand the grubhub privacy policy .
the influx of competitors appears to be going after a key metric for grubhub : its ' active diners , ' which the company counts upon for the bulk of its revenue , since consumers are responsible for the orders from restaurants that pay fees to grubhub . next , active diners could be responsible for even more of grubhub ' s top line .
sign up to track 21 nationally aired tv ad campaigns for grubhub . in the past 30 days , grubhub has had 1 , 735 airings and earned an airing rank of # 530 with a spend ranking of # 555 as compared to all other advertisers . competition for grubhub includes blue apron , home chef , hellofresh , eat24 , plated and the other brands in the restaurants : delivery services industry . you can connect with grubhub on facebook , twitter and youtube .
correction , may 20 , 2013 : this blog post originally transposed the number of restaurants for which grubhub and seamless offer online ordering . grubhub offers it for more than 20 , 000 restaurants , seamless for more than 12 , 000 .
i applied through a recruiter . i interviewed at grubhub ( chicago , il ( us ) ) in april 2017 .
grubhub q1 gross food sales up 39 % to $ 1 . 2 bln ; factset consensus $ 1 . 26 bln
what ' s happening with these internet stocks ? - - grubhub , jd . com , limelight networks , and urltoken
grubhub shot to stardom by avoiding delivery at all costs - - now it ' s trying to do it right .
update 2 - grubhub goes direct to diners after acquisitions
, reuters . com , february 5 , 2015 .
last year , grubhub , an online restaurant ordering company , announced a pivot . instead of just sending your pad thai takeout request to restaurants , grubhub , the parent of seamless , was also going to start delivering your noodles . declaring delivery a “strategic priority , ” grubhub acquired three restaurant delivery services and began hiring independent contractors to work as couriers .
correction ( mar . 14 ) : an earlier version of this post incorrectly stated that grubhub decided to enter the delivery business as its stock was plummeting . in fact , the stock began falling a few months after grubhub’s delivery announcement .
grubhub is an application available for users of the android mobile operating system . think of grubhub as that top drawer in your kitchen where you keep all of the local restaurants ' menus . when you want to order takeout , grubhub is there . grubhub simply allows a person to locate local restaurants , browse their menus , place an order , and pay for the meal using credit card . within an allotted period of time , your takeout will arrive at your doorstep . urltoken
in 2013 , grubhub and seamless merged . [ 6 ] the combined organization , grubhub seamless , went public in april 2014 and trades on the new york stock exchange ( nyse ) under the ticker symbol
grub
. [ 7 ]
here ' s the full text of maloney ' s email to grubhub employees , sent midday wednesday , nov . 9 .
grubhub , which recently expanded its delivery service to atlanta , is available in 900 u . s . cities and london .
signs for grubhub and seamless are displayed on the door to a new york restaurant , friday , april 4 , 2014 .
grubhub stock fell 9 . 9 % last week 6 / 25 / 2018 5 : 46 : 00 pm - market realist
lawson v . grubhub comes about a month after grubhub purchased food delivery service eat24 from yelp for $ 287 . 5 million . the trial begins tuesday , sept . 5 and will be overseen by u . s . magistrate judge jacqueline corley .
grubhub q1 revenue $ 232 . 6 mln vs . $ 156 . 1 mln ; factset consensus $ 229 . 2 mln
is it time to invest in box inc . , ford , grubhub , coca - cola , or sherwin - williams ?
the game , initially a temporary , throw - away part of the grubhub app , drove a lot of incremental orders .
grubhub has launched a new rating system that will harness user feedback to create more complete reviews of restaurants and food delivery .
a seamless / grubhub spokesperson says they’re well - aware of the website’s issues and are “working quickly to resolve them . ”
in may 2013 , grubhub and seamless announced that they were merging , with seamless representing 58 % of the equity and grubhub representing 42 % of the equity of the combined business ; the merger was finalized in early august 2013 . [ 32 ]
grubhub ceo matt maloney recently caused a stir over an email to employees expressing his opinions on the 2016 us presidential election .
throw another log in the fire and order delivery . because logging in to your grubhub account is now easier than ever . • use google login to create a grubhub account . you no longer need separate login credentials for grubhub . just login with a google account . easy peazy . • using a password manager ? grubhub now integrates with them so there’s no need to enter your password every time . and if you’re feeling all warm and cozy with our app , please rate us in the app store .
grubhub co - founder matt maloney took his chicago food ordering service from scrappy startup to a public company worth $ 3 billion .
yo my boyfriend just did the sexiest thing . . . . tossed me his credit card & said
we ordering grubhub
grubhub ( grub ) stock fell 9 . 9 % in the week ended june 22 to close at $ 106 . 98 .
welcome to the grubhub newsroom ! here you’ll find a home for all of our company announcements and stories about grubhub and our portfolio of brands . it will also serve as useful resource for journalists who are looking to learn more about the company . our posts will offer unique insights on the industry , product releases and corporate news . for more grubhub content , please check out the crave .
grubhub , also an early snapchat adopter , has been putting out content on about a weekly basis since late 2013 . but grubhub uses snapchat a little differently than many of the folks on this list . rather than producing one - way content , grubhub focuses on building out an active community by sending out snapchat messages that require responses , like exclusive coupons , contests , giveaways , and promotional codes .
just like the phone book , no - one is forcing restaurants to be on grubhub , eat24 or any of these other services .
not surprisingly , grubhub was forced to respond to the controversy . on thursday , maloney issued a statement that read , in part :
restaurants receive orders from grubhub through a facsimile or e - mail and confirmed orders by phone . though many restaurants on the company ' s platform use grubhub for restaurants , a web application that can be accessed from computers and mobile devices , as well as grubhub - provided tablets . grubhub for restaurants allows restaurants to electronically receive and display orders and provides operators to acknowledge receipt of the order , update the estimated completion time and status , specify driver pick - up times , monitor delivery status for delivery drivers in grubhub ' s network , update menu items and perform other administrative functions . grubhub for restaurants allows the company to monitor orders through the takeout process , including receipt , ready for pickup and on the way . the company offers the restaurants in its network a website design and hosting service through its template - driven technology , which provides the restaurants in the network with an online presence . grubhub processes the orders placed through these websites through its platforms .
turner said he believes the email’s impact on grubhub’s stock will be minimal when the dust clears — and foresees minimal reaction from institutional investors .
terms of the deal were not disclosed . neither delivered dish ' s team nor its operations will change immediately , a grubhub spokeswoman said .
the new grubhub seamless is a privately - held company that will have offices in chicago , new york , salt lake city and london .
orders placed through grubhub are expected to rise from $ 70 million this year to $ 150 million in 2011 , mr . maloney said .
grubhub stock opened at $ 40 a share , well above its ipo price of $ 26 , and dipped slightly in early trading friday .
grubhub has quickly become a popular dinner option for harried workers . these days , nearly 50 percent of orders are placed via mobile devices .
order food you love , online or with the app . ( nyse : grub ) need help with an order ? @ grubhub _ care
grubhub , inc . operates as an online and mobile food - ordering company , which connects diners with local takeout restaurants . its online and mobile ordering platforms allow diners and corporate businesses to order directly from takeout restaurants in the united states and london . the company ' s brands include grubhub , seamless , menupages , and allmenus . grubhub was founded on august 8 , 2013 and is headquartered in chicago , il .
the menu businesses - - and grubhub owns two because each of its ordering brands had acquired one in 2011 - - will also remain .
maloney told fox news that
almost 20 percent” of employees personally thanked him for the email . grubhub has approximately 1 , 400 employees .
on an earnings call with analysts wednesday morning , maloney also announced that grubhub has added subway , p . f . chang and little caesars as chain delivery partners . he said grubhub currently offers delivery for those chains in some markets , but did not know how many of the franchised locations would opt for the service . grubhub previously announced delivery partnerships with chains including panda express , california pizza kitchen and buca di beppo .
finally , if this deal is in fact a go , it’s worth looking at this quote from grubhub co - founder and ceo matt maloney from back in 2011 . in it , he shares his opinion on grubhub’s top competitor , a little company called seamless . he told betabeat :
the backlash was swift . on twitter , thousands tweeted with the hashtag # boycottgrubhub , and a website with a petition to “delete grubhub ! ” was launched at deletegrubhub . com . individuals also took to the app store , where they left negative reviews for the grubhub iphone app .
grubhub sees its acquisition of dotmenu , which runs the sites campusfood and allmenus , primarily as way to increase its stable of restaurants . with dotmenu’s business folded into grubhub , the combined company will operate in 50 major cities , as well as many college towns . grubhub currently operates in 19 markets . the company plans to allow online ordering through dotmenu’s restaurants , but it is unclear how soon . terms of the acquisition were not disclosed .
grubhub inc . is an online and mobile food ordering company . the company ' s platform assists diners in searching for local restaurant , tracking the order and re - order for convenience . it operates within the united states and the united kingdom . grubhub inc . is based in united states .
adam dewitt serves as cfo of grubhub , a role he held prior to the merger with seamless north america llc . in addition to leading the company’s financial operations , adam serves as president of grubhub and oversees customer service , hr and corporate development . during his tenure , grubhub’s annual revenues have grown from $ 22 million to $ 683 million , and he led the company through one of the most successful initial public offerings of 2014 . before joining grubhub , adam held financial leadership roles at optionsxpress holdings , inc . and jpmorgan chase . adam holds a bachelor’s degree in economics from dartmouth college .
for grubhub’s own ray lin and his dad , what started as a dream to own their own restaurant has turned into a connection they’ll share forever .
grubhub ( nyse : grub ) also beat earnings estimates by four cents , delivering 23 cents per share on $ 19 . 9 million in profit .
grubhub went public in april 2014 and trades on the new york stock exchange ( nyse ) under the ticker symbol
grub
. [ 33 ]
that’s a quote from one of the 15 local restaurateurs who agreed to talk anonymously about their experiences with the company . note : grubhub seamless also owns
but damage had already been done . on friday , shares of grubhub’s stock fell by nearly 5 % , continuing a slide that began on thursday .
fresh out the kitchen , it’s the remix to the my grubhub tab . now you can find your past and present orders as well as your go - to restaurants , all in one easy spot . and if that after - party never went down , you can now see canceled scheduled orders in your order history too . still have a few more gifts to grab ? buy grubhub egift cards directly from the my grubhub tab . done and done .
chicago - based grubhub and new york - based seamless , two powerhouses in the online and mobile food ordering business , said today they have completed their merger announced earlier this year . the newly - merged entity now will be known as grubhub seamless , so neither of the brand names will be going away .
grubhub is free for consumers . the company makes its money by charging restaurants a commission on orders and in return , the restaurants that pay appear higher in the search results . “restaurants are doing well cooking food but they need some help in the technology space , ” said matt maloney , grubhub’s chief executive .
grubhub , the parent of food delivery service seamless , has watched competitors like square and yelp snap up startups to bolster their presence in this budding business .
seamless , the online - food - ordering service , is merging with grubhub , the other online - food - ordering service , the companies announced today .
shares of internet stock grubhub ( grub ) rose 13 . 3 % in the week that ended on june 15 to close at $ 118 . 77 .
in august 2017 , grubhub entered into an agreement to acquire eat24 from yelp for $ 287 . 5 million , subject to regulatory review . [ 17 ]
on monday morning , grubhub released a revised prospectus , revealing that the company would be offering 7 million shares at a price between $ 20 - 22 per share . grubhub hopes to raise just shy of $ 180 million through the offering , which would value the company at over $ 1 . 72 billion .
“more new diners tried grubhub than ever before in the first quarter . we are seeing clear signs of success from a more diverse restaurant base , broader marketing reach , and continuous improvement of our product , ” said matt maloney , grubhub ceo . “we already had the most comprehensive takeout marketplace in the u . s . , and delivery has enabled our restaurant network to grow significantly in both breadth and depth , making grubhub the place to go for online takeout . ”
rbc capital markets analyst rohit kulkarni calls that assumption
a big if
and says wall street is skeptical grubhub has complete control over its cash burn in delivery . but maloney points to early signs of success . grubhub launched delivery in 50 markets in 2015 , and it ' s already grossing at a run rate of $ 200 million a year . growth in at least four of grubhub ' s ten - plus second - tier markets has accelerated after introducing delivery .
friday , nov . 11 , 10 a . m . : updated to reflect grubhub ' s app store rating and the company ' s current stock price .
both sites say they are seeing an increasing proportion of their business coming through smartphone apps . grubhub expects to be almost entirely a mobile service within five years .
responsibilities - manage the kitchen - prep food for service / catering / popup events - fulfill orders for delivery platforms like grubhub / ubereats - should . . .
joining the ranks of grubhub and braintree , we now strive to build upon our foundation with a great expansion that will disrupt and redefine the medical . . .
but the company also makes ordering food fun with a tiny 10 - second game , yummy rummy , in which grubhub users can win prizes like free food .
in an amended prospectus on tuesday , online food ordering website grubhub raised the price range for its initial public offering to $ 23 to $ 25 per share .
. @ grubhub is about to lose customers by the tens of thousands . just deleted my app talked 15 of my employees to do the same . # boycottgrubhub
for its part , grubhub bought a pair of food delivery startups as it ramps up a plan to start delivering food that is ordered via its app in nearly a dozen cities , covering more than 3 , 000 restaurants . last week , the company bought massachusetts - based diningin and california - based restaurants on the run , giving grubhub a pair of offerings to fight off yelp and square . notably , while yelp shares rose today after its big deal announcement , grubhub ' s stock slumped .
we are committed to serving the best interests of our shareholders . you will find key shareholder information and financial reports available to help put grubhub’s financial performance into perspective .
grubhub ( nyse : grub ) shares traded around $ 37 . 80 after noon . shares are still up about 60 percent for the year , including today’s slide .
when we announced we were keeping both the grubhub and seamless brands , the resounding response was ,
why ?
grubhub was doing a really good job nationwide - - but seamless had incredible brand awareness in new york . it ' s like a religion there . by keeping both brands , we didn ' t have to spend money to promote seamless in markets outside of new york or to promote grubhub inside new york . we were able to optimize those marketing dollars and reinvest in our product .
with all that growth , grubhub has still maintained much of its company culture . employees have to be passionate about food , and most importantly , be in touch with its customers . grubhub is so devoted to this idea that every new employee has to spend the first two days at the company at a customer service desk answering phones .
altogether , the new grubhub seamless will be able to connect customers with some 25 , 000 restaurants nationwide and in london , england . and it will be a very busy bigger company as a result of the merger . in the first half of 2013 , the combination of grubhub and seamless processed approximately 130 , 000 orders each day .
maloney thinks he can reach break - even on deliveries by later this year , while grubhub ' s pure marketplace side continues at its healthy 35 % adjusted ebitda margins . he ' s focused on restaurants that don ' t offer delivery of their own - - an acute problem outside of big markets like new york city and san francisco . adding selection will hopefully drive more customers to the grubhub app and encourage them to order more frequently - - 90 % of grubhub ' s orders are repeat diners .
when you ' re hiring new people at the rate maloney and evans were , you fill up office space in a hurry . grubhub now has more than 200 employees .
for instance , grubhub works with a restaurant advisory board to figure out what restaurant owners really want , and figure out the best way to provide more value to them .
the ceo of food ordering company grubhub unleashed a political screed after the nov . 8 election and said that those who disagree with its anti - trump views should resign .
we process hundreds of thousands of orders—for an unparalleled network of restaurants—across the country each day . and from nyc to los angeles , seattle to atlanta , we’re adding great new local businesses every day . as a driver , you’ll be helping people get awesome meals from some of our best restaurants . grubhub is also partners with seamless , so if you become a grubhub driver , you may deliver food ordered on seamless as well . check out grubhub , and seamless , to get a taste of what we’re about .
as a restaurant investor , have found that paying to boost presence on grubhub is a great way to build up awareness and traffic ( delivery and in - store ) .
venmo is now on the grubhub app to make splitting the check less of a splitting headache . use venmo on your next order to avoid the hassle of collecting cash from your friends . we’ve also made a few behind - the - scenes improvements and bug fixes . if these new updates hit the spot , please rate the grubhub app .
maloney should know his role . as grubhub’s ceo , it is his job to ensure the fiscal success of his company . if maloney is unsure of his role , perhaps it is time the company’s board of directors defined it for him . when it comes to grubhub , the only thing maloney’s shareholders are interested in is his ability to maximize the company’s profits by making sure customers are satisfied with grubhub’s services . his main concern when at work should be making sure grubhub runs smoothly and that customers get their food delivered to them on time . while it is within his purview to dictate appropriate behavior in the office , it is inappropriate for him to frame it within a political framework .
in september 2011 , grubhub secured $ 50 million in series e funding and acquired new york - based competitor dotmenu , the parent company of allmenus and campusfood . [ 24 ] in december 2015 , grubhub acquired delivered dish , a restaurant delivery service in seven markets across the pacific northwest and southwest , including denver , las vegas , san diego , portland , el paso and albuquerque . [ 25 ] labite , a los angeles - based restaurant delivery service , was acquired by grubhub in may 2016 . [ 26 ]
once grubhub seamless , the combined company is the result of a merger last year . it processes about 150 , 000 customer orders on a daily basis , and takes a cut , sometimes as high as 15 - 17 % , of each order made through its online restaurant menu directory . grubhub generated over $ 130 million in sales last year .
in a follow - up press release posted to grubhub’s website yesterday , maloney tried to clarify his position . “grubhub welcomes and accepts employees with all political beliefs , no matter who they voted for in this or any election . we do not discriminate on the basis of someone ' s principles , or political or other beliefs , ” maloney wrote .
around 4 , 500 restaurants have teamed with grubhub so far . an additional 8 , 500 restaurants appear on the site , but users must call them rather than ordering online .
the barriers to entry in the food delivery business are low , meaning that other competitors could emerge , as well . already , uber is scaling up a competitor to grubhub .
the grubhub suit , while very similar in nature to the uber and doordash cases , is the first of these w - 2 versus 1099 cases to make it to trial .
even if the “delivery success story” isn’t quite that , grubhub’s best strategy may still be to stick it out and be the last man standing . it’s already the most established player , and handling delivery allows it to capitalize on that advantage : it gives grubhub more control over the customer experience ( i . e . , the ability to ensure your takeout doesn’t come with an exploded packet of ketchup ) . it also helps grubhub expand restaurant offerings , grow its “total addressable market , ” and , in theory , increase customer retention .
chicago - based grubhub was founded in 2004 by mike evans and matt maloney , looking for an alternative to paper menus . [ 18 ] two years later , in 2006 , maloney and evans won first place in the university of chicago booth school of business ' s edward l . kaplan new venture challenge with the business plan for grubhub . [ 19 ]
the new system , launched monday , will factor in specific feedback on order accuracy , food quality and accuracy of delivery time , said sudev balakrishnan , grubhub ' s . . .
grubhub ' s uk competitors are deliveroo , just eat , and hungryhouse . in the us , its competitors include ubereats , postmates , amazon restaurants and online restaurants . [ 37 ]
go work with seamless / grubhub at your restaurant 12 hours a day for a week and give them a call once or twice and then come back and make an intelligent comment .
but despite the growth , grubhub ' s profits have been declining . net income last year was $ 6 . 7 million , down from $ 15 . 2 million in 2011 .
as a progressive , i ' m pretty upset with @ grubhub . that ' s not what we ' re about . no one should lose their job over politics . # boycottgrubhub
grubhub and seamless have been in a race to add more restaurants to their services , with each claiming an advantage . in new york city , for example , grubhub claims relationships with over 5 , 400 restaurants , significantly more than seamless . but fewer than half of those restaurants allow online ordering and instead show only a scanned version of the menu and a phone number .
many of our candidates come from amazon , uber , lyft , doordash , seamless , grubhub , postmates , etc ! join a world - class moving team with clutter . . . .
this is the most exciting time in this industry , maybe the biggest since the invention of delivery food ,
says maloney , grubhub ' s 40 - year - old ceo .
grubhub shares dropped nearly 13 percent by midday wednesday , despite the company beating analyst estimates on revenue and earnings per share with its third quarter results , announced before markets opened wednesday morning .
for grubhub it ' s also important to have fun . its office orders in lunch every week and has a party , and when it ' s nice out , workers have a barbecue .
delivery driver , fedex , ups , us postal service , grubhub , uber , lyft , driver , courier , warehouse , delivery service , minneapolis delivery , amazon delivery driver , . . .
in june 2014 , grubhub began offering delivery for restaurants that don ' t operate their own delivery service . the company is now delivering in more than 50 markets across the u . s .
the delivery space is now crowded with companies—doordash , postmates , and uber , to name a few . and a few months into 2016 , grubhub is doubling down on its delivery commitment . “i share in the excitement of the delivery space , especially as it applies to restaurants and takeout food , ” grubhub ceo matt maloney said on the company’s fourth - quarter conference call in february .
maloney described a “delivery success story” in silicon valley as “pushing the market to another level . ” last week , grubhub announced plans to handle delivery for buca di beppo , a national chain .
first quarter 2017 financial results conference call grubhub will webcast a conference call today at 9 a . m . ct to discuss the first quarter 2017 financial results . the webcast can be accessed on the grubhub investor relations website at urltoken , along with the company’s earnings press release and financial tables . a replay of the webcast will be available at the same website until may 11 , 2017 .
when you order a bunch of food for yourself and your grubhub driver says “you guys have a good night” . . . you know what my food and i will enjoy each other tonight thank you
meituan - dianping defies easy comparison to a like company in the u . s . , instead providing a range of services similar to those of yelp , groupon and grubhub in a single app .
grubhub as last year’s christmas holidays kicked into gear , grubhub took to the streets of chicago , using snapchat spectacles to take viewers on a tour of a day in the life of a delivery man . the idea behind the effort was to “show you how we deliver joy at grubhub , ” according to the brand’s blog . the behind - the - scenes peek included two regular deliveries , as well as a pitstop at engine 18 , where the brand delivered some doughnuts to firefighters . the delivery man then also went to millennium park , distributing warm coffee and sugar cookies to visitors there .
that said , grubhub won ' t be pushing the seamless brand in national advertising anymore , the combined company ' s chief tells forbes . it had already started to redistribute its marketing spend in 2013 , as the company increased the marketing budget for grubhub by $ 5 . 8 million and cut $ 900 , 000 in ad dollars for the seamless brand , according to its s - 1 .
that’s insane ! has anyone seen this for another restaurant ? ( to be fair , it’s not clear that grubhub paid google for a higher search ranking ; it’s likely just better seo optimization . )
[ the grubhub - seamless merger was officially announced by the companies this morning , confirming most of what we’d been hearing in advance . for more details , read our follow up post here . ]
put it in god ' s hands . overall , grubhub , like any other place of employment , has its pros and cons . notwithstanding the aforementioned above . realistically , though , if the cons outweighs the cons , then its time to shift elsewhere for better opportunities . grubhub summary : a cut throat , managerial environment full of nefarious people working for the cause . sadly disappointed i am .
grubhub ceo matt maloney is insisting that he was advocating for
inclusion and tolerance
when he told employees who agree with donald trump ' s rhetoric that
you have no place here .
in its filing with the sec , grubhub revealed that it generated $ 137 million in revenue in 2013 , up 67 % from the previous year . unlike some other recent tech companies that have gone public , grubhub also posted a profit for the year of $ 6 . 7 million . however , one red flag for the company is that its profit has been on the decline in recent years .
in a tweet that was later deleted , maloney added :
to be clear , grubhub does not tolerate hate and we are proud of all our employees - even those who voted for trump .
our rapid scaling in delivery combined with our substantial incremental margins helped grubhub post record profits in 2016 . adjusted ebitda grew 38 % for the year , with adjusted ebitda per order growing 14 % to
historical daily stock prices for grubhub since 2014 adjusted for splits and dividends . open , high , low , close ( ohlc ) data as well as percentage changes for multiple date ranges . display 20 , 50 and 200 day moving averages and export charts as images to use in articles and blogs . the latest closing price for grubhub ( grub ) as of july 06 , 2018 is 108 . 30 .
it’s possible that this is a service grubhub offers to restaurants ( it’ll set up a secondary website as long as orders to go it ) . i’ll contact yaar and see what i can find out .
grubhub is hoping to capitalize on a hot market for tech ipos . with the notable exception of candy crush game maker urltoken , technology stocks have soared in their first day of trading in recent months .
james cakmak , telsey advisory group analyst , shares his thoughts on the food delivery firm ' s public debut on the nyse . grubhub has a great business model and is already profitable , says cakmak .
on wednesday afternoon , matt maloney , a hillary clinton supporter , sent an email to grubhub employees , writing
i absolutely reject the nationalist , anti - immigrant and hateful politics of donald trump .
prospective ipo buyers should know that to arrive at its impressive growth figures grubhub ( the combined company ) compared apples to oranges . it boasts 2013 revenue of $ 137 . 1 million , which includes 12 months of sales generated on the seamless platform plus about 5 months of sales generated on the grubhub platform after the completion of the merger on august 8 , 2013 . the 2012 revenue figure of $ 82 . 1 million , by comparison , only includes seamless ' 2012 results . it doesn ' t include any sales at all from the grubhub platform in 2012 , making the 67 % growth rate effectively meaningless .
benchmark capital led the latest round of funding . previous investors also participated including origin ventures , leo capital and amicus capital . over the years , grubhub has raised a total of $ 14 . 1 million .
mr . maloney said that grubhub would double the number of cities it serves by the end of next year to 26 . the company is available bigger cities like new york , los angeles and san francisco .
matt maloney and mike evans founded grubhub , an online restaurant delivery service , in chicago in 2004 . since then , they ' ve expanded into 300 cities , and raised $ 84 million in venture financing .
in november 2007 , grubhub secured $ 1 . 1 million in series a funding ( led by amicus capital and origin ventures ) , which enabled market expansion into san francisco and new york . [ 20 ]
in the email , maloney , a hillary clinton supporter , made it clear that many of trump ' s actions and statements on the campaign trail would not have been tolerated in grubhub ' s work environment .
grubhub , the chicago - based restaurant ordering and delivery company , announced monday it has acquired delivered dish , which is based in portland , ore . , and operates in several western u . s . cities .
it was just another hungry late night at work , but matt maloney sensed an opportunity . in 2004 , he and co - worker mike evans launched grubhub , an online food - ordering service , in chicago . lately , business has been good . after making the inc . 500 in 2010 and 2011 , grubhub hit $ 137 million in revenue in 2013 . it also merged with competitor seamless ( another inc . 500 alum ) . in april , maloney , who is ceo of the combined company , led grubhub to a successful ipo . and , if he gets his way , no one will ever have to phone for a pizza again .
menupages was acquired by seamless in september 2011 . [ 10 ] allmenus was acquired by grubhub in september 2011 . [ 11 ] diningin , an online ordering and food delivery company based in brighton , massachusetts , was acquired by grubhub in february 2015 . diningin operates in boston , chicago , dallas , philadelphia , and the twin cities . [ 12 ] restaurants on the run , a corporate food delivery company based in aliso viejo , california , was acquired by grubhub in february 2015 , operating in orange county , san diego , inland empire , los angeles , san francisco , las vegas , seattle , houston , tulsa & chicago . [ 13 ]
the addition of delivered dish beefs up grubhub ' s presence in the western u . s . , where the smaller company works with hundreds of restaurants in seven markets including denver , san diego , portland and albuquerque .
grubhub has established itself as one of two leaders in the online food delivery market . since 2004 , it has handled over $ 200 million in delivery and pickup orders , according to the company . the service is free for users ; restaurants pay a commission to grubhub , which says it is already profitable . its web site had 173 , 000 unique visitors in june according to comscore , significantly more than its closest competitor , seamless .
behind every order are the chefs that use magic , passion and 700 - degree flames to make your food amazing . download the grubhub app and order from over 80 , 000 restaurants to your front door . show less
yelp is selling eat24 to grubhub for $ 287 . 5m , and the stock is skyrocketing ( techcrunch ) two huge pieces of news today from yelp , the company that shows up first in your google search for a restaurant : first , grubhub is acquiring food delivery service eat24 from the company in a big partnership for $ 287 . 5 million ; second , the company reported its second - quarter earnings… and they look pretty good .
grubhub developed ways of connecting to customers emotionally outside of the app , and then in the app via simplicity , ease - of - use , and the ability to give feedback . all of those are absolutely key .
it’s unclear whether grubhub plans to replicate models developed by postmates , uber and others . even so , these models present their own liabilities in the form of potential regulation , unionization and other factors that may increase costs .
the company is facing a potentially expensive lawsuit by a software company in san diego that claims grubhub , along with several other food and technology companies , violated patents related to online order - synching technology and online menus .
with nearly 80 million shares post - offering , grubhub is valuing itself just shy of $ 2 billion at the maximum point of that range . at the midpoint of the ipo price range , the offering would raise about $ 170 million and value the company at just under $ 1 . 9 billion - - up from $ 1 . 7 billion last week , when grubhub set a range of $ 20 to $ 22 per share .
the chief executive of grubhub , an online and mobile food ordering company , learned a lesson last week after he sent out a companywide email that implied that employees should resign if they supported president - elect donald trump .
the critical question for grubhub is whether it would have been more efficient to partner with an existing set of regional food delivery services rather than operating its own proprietary network . if delivery is a commodity , a service defined only by price and availability , then the company would be better suited to maximize reach and reduce liability by leaving the operations to third parties . if not , then the move will help grubhub enter a potentially massive market .
if that ' s still confusing to many traders and consumers alike , ceo matt maloney gets it .
oh man ,
he exhales as i retell the situation to him a minute later . but that ' s grubhub ' s decision and part of its strategy - - a portfolio approach that will put grubhub first but hold onto the company ' s three other brands , seamless and menu sites menupages and allmenus , for the foreseeable future .
americans spend billions of dollars every year on food takeout , and we increasingly take to our computers and phones to place our orders . online food ordering service grubhub hopes to take advantage of that fact in its upcoming ipo .
grubhub ceo matt maloney ⇒ is facing a firestorm after speaking out against president - elect donald trump in an email to employees wednesday , saying if employees don’t agree with creating a culture of support and inclusiveness , they should resign .
on the apple app store friday morning , grubhub ' s current app version had a one - star rating . one - star reviews claimed republicans were “not wanted” as customers of the service and accused the company of political discrimination .
i for one welcome the merger , since i am quite sure that i have given my name , email , and credit card number to either seamless or grubhub at some point but frankly have no idea which one it was .
we ' re thrilled to announce that foodler has joined grubhub ! now you can order from all of your favorite foodler and restaurants on our app . you can’t beat apples in the fall . apple pies , apple donuts and , of course , apple ios . check out these fresh features that will make your grubhub app for ios better than ever : more flexible preorder : change your order up to 4 hours before the scheduled delivery time streamlined order settings : switch between delivery and pickup as well as asap and preorder right on the restaurant menu page menu page refresh : browse through dishes even more easily with redesigned menu items think the grubhub app is sweet ? rate and review it today !
“grubhub’s growth on both sides of our network helped drive dags growth of 21 % and ebitda growth of 32 % compared to the prior year , ” said adam dewitt , grubhub cfo . “we generated significant operating leverage , in part due to our continued improvement in delivery efficiency . as a result , ebitda per order was up 10 % year over year to $ 1 . 46 , even while we invested aggressively in product and marketing to drive future growth . ”
during the 2016 holiday season , grubhub set out to
deliver joy
by posting snapchat stories filmed from the perspective of a delivery person wearing snapchat spectacles . snapchat is all about authentic , behind - the - scenes looks at a brand , and most people don ' t think of the point - of - view of a delivery person when they think grubhub . this campaign gave the brand a more personable , human side while showcasing some cool new tech .
in december 2015 , grubhub acquired delivered dish , a restaurant delivery service in seven markets across the pacific northwest and southwest , including denver , las vegas , san diego , portland , el paso , and albuquerque . [ 14 ] labite , one of the largest restaurant delivery services in the u . s . , was acquired by grubhub in may 2016 . [ 15 ] most of labite ' s volume comes from the greater los angeles area . [ 16 ]
maloney says grubhub is “best positioned to win the lion’s share of the online food delivery market . ” and it does indeed have some key advantages : grubhub’s network of restaurants is already extensively developed , topping 40 , 000 in 2015 . it also does huge volume , processing more than 240 , 000 “daily average grubs”—a funky metric for the average number of revenue - generating orders in a day—during the fourth quarter . it handles delivery for about 8 % of that volume .