Just Eat has has agreed to takeover GrubHub in a $7.3 billion deal as the online takeaway marketplace looks to gain a foothold in the US.
Although Just Eat already has a base in Canada, the takeover grants it access to a widespread and proven platform across the US.
The announcement follows only months after Just Eat acquired Germany and Netherlands-based Takeaway.com.
“A combined Just Eat Takeaway.com and Grubhub will become the world’s largest online food delivery company outside of China, with strong brands connecting restaurant partners with their customers in 25 countries,” Just Eat said in a statement.
However, the combined forces will face stiff competition in the food delivery sector with major names including Uber Eats and Deliveroo.
The deal is expected to complete in early 2021.