At the height of the pandemic, European food delivery giant Just Eat Takeaway bought Grubhub for $7.6 billion. The company believed it could restore growth through cost cutting and operational discipline, but DoorDash was playing a completely different game. While Grubhub focused on profits, DoorDash spent aggressively to win market share and dominate the industry. Just three and a half years later, Grubhub was sold for only $650 million, wiping out 91% of the original investment. Watch the full video here: youtu.be/Jbsb-yb6js8 #grubhub #doordash #fooddelivery #business #acquisitions