Taco Bell parent Yum sues Grubhub for alleged violation of delivery deal
Article via Reuters
"NEW YORK (Reuters) - Taco Bell parent Yum Brands Inc sued Grubhub Inc on Thursday for allegedly violating a delivery contract, a day after Europe’s Just Eat Takeaway.com agreed to buy the U.S. food delivery company for $7.3 billion.
Yum invested about $200 million in Grubhub in 2018 and struck a partnership to deliver food from thousands of its KFC and Taco Bell restaurants across the United States.
But the relationship apparently soured after Yum - which also owns Pizza Hut and Habit Burger – broadened its delivery partners to include two of Grubhub’s biggest rivals, Uber Eats and Postmates, according to the complaint in New York state court."
Read the full article by Hilary Russ here.