Grubhub CEO to Rivals: You Can’t Win
Photo Credit: Grubhub reported its first quarter 2019 earnings on Thursday. Grubhub
Grubhub CEO Matt Maloney wasted no time telling investors what he thought of the competition in his company’s first quarter earnings call on Thursday. With Uber and Postmates IPOs pending and DoorDash experiencing rapid growth (by some measures, bigger than Grubhub), he spent the hour forcefully promoting his company’s strategy and position in the marketplace.
“We are providing the total package. I’m extremely confident because I feel that we’re winning across the board when it comes to chain and enterprise conversations,” he said. “No one else has this combination of the marketplace growth, delivery, delivery as a service, and loyalty programs, including where we share customer data with [point of sale] integration. This is exactly what they want, and like I said, we’re the only ones offering [it].”
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