Grubhub: The Deserved Downfall of a $14B Delivery Scam

📩 Stay ahead of bankruptcies, distressed debt, and leveraged finance — subscribe to the newsletter: https://www.junkbondinvestor.com/ At its peak, Grubhub listed over 325,000 restaurants that never signed up to be on the platform. The app hijacked Google search results, charged secret credit cards with insufficient funds, forced restaurants into high-commission price clauses, and trapped customers with hidden junk fees and locked gift cards. The business model was so predatory that the FTC stepped in with a massive enforcement action—right as parent company Just Eat Takeaway dumped the former $7.3 billion giant in a shocking $50 million fire sale. Here is the inside story of how Grubhub broke food delivery for restaurants, drivers, and diners alike. ------------------------------------------------------------------- Grubhub business scandal Why Grubhub failed Grubhub FTC lawsuit 2024 Grubhub fake restaurant listings How Grubhub ruins restaurants Just Eat Takeaway sold Grubhub Grubhub Wonder acquisition Marc Lore Grubhub 7.3 billion dollar loss Food delivery app hidden fees Grubhub driver wage lawsuit Matt Maloney Grubhub story Seamless Grubhub merger history DoorDash vs Grubhub market share Why delivery apps charge so much Restaurant commission fees Grubhub Grubhub phantom phone numbers Grubhub junk fees explained Lina Khan FTC Grubhub settlement Illinois Attorney General Grubhub Grubhub locked gift cards controversy Food delivery business documentary The downfall of Grubhub Tech startup predatory pricing Gig economy delivery driver pay Restaurant industry price fixing lawsuit Grubhub Plus hidden charges Wonder app Grubhub turnaround Fast food delivery scam breakdown Online takeout monopoly collapse Gig economy video essay Why are delivery apps so expensive Delivery apps