Yum’s Choice of Grubhub as Its Official Delivery Partner Comes With a $200 Million Investment

Grubhub is the official online ordering partner of Yum Brands, the companies announced today. As part of the deal,Yum, the parent company of KFC, Pizza Hut, and Taco Bell will purchase $200 million in Grubhub common stock, representing 2.8 percent of the overall market share. The deal will close before the end of the first quarter of the year. As part of the partnership, Grubhub will deliver both KFC and Taco Bell. Previously, both Taco Bell and KFC worked with other delivery partners, but no partner at large scale.