Holiday gifts

Which is the first food delivery company in the world?

It is GrubHub, which is known as the “originator of online food delivery”.

send grub hub as a gift

In 2004, before GrubHub was born, the United States was already a “food delivery power”, and the penetration rate of food delivery was as high as 12.5%.

What is this concept? Even China, which has a highly developed food delivery industry, has a penetration rate of only 14.2% in 2019.

At that time, the Internet coverage rate in the United States also ranked second in the world. Internet shopping, dating and other methods flourished in the United States, giving birth to Internet Tech Giants such as eBay and Facebook.

But the field of Internet takeout is still blank, and consumers can still order takeout only through traditional methods such as phone calls, faxes, and emails.

The founder of GrubHub keenly grasped this pain point and founded GrubHub together with his colleagues to provide users with the function of nearby restaurants and online takeout through the Internet.

With its innovative online ordering model and a wide variety of restaurant choices, GrubHub soon overturned the traditional takeout market and became the largest online takeout platform in the United States.

Grubhub not only solved the problem of ordering food for customers, but also for merchants, the form of payment after successful matching transactions reduced the cost of merchants in the network, allowing Grubhub to quickly attract a large number of merchants to settle in.

At its peak, Grubhub cooperated with nearly 30,000 restaurants, with a gross profit margin of 52. 26%,

Grubhub’s online takeout model has also attracted many latecomers to learn. At that time, there were countless takeout platforms large and small in the United States, but under the influence of the first-mover advantage, Grubhub maintained the first place in both the number of merchants and the number of users.

At the same time, with its ultra-high gross profit margin, Grubhub has acquired several takeout companies, becoming a well-deserved “takeout brother” in the United States, with a valuation of billions of dollars.

By 2011, Grubhub covered more than 600 cities in the United States and was ranked as one of the most innovative companies in the world.

English word with ub?

Here are some examples of words that end in ub in English:

1. Club (club)

2. Sub (subway, instead)

3. Rub (rub, rub)

4. Tub (bath)

5. Stub (remnant, severed limb)

6. Grub (larva, looking for food)

7. Blub (crying)

8. Shrubs (bushes)

9. Chub (fat man, sturgeon)

10. Hub (center, hub)

These words are just some of the common examples, there are other words that end in ub that exist. Note that while these words end in ub, their pronunciation may vary depending on the word itself or the context.

Related Posts

cyber monday gift card deals

Unlocking the Best Cyber Monday Gift Card Bonanza: Strategies Top Deals

In the tempestuous realm of online shopping extravaganzas, Cyber Monday emerges as the digital successor to Black Friday, proffering an abundance of price reductions and promotions extending beyond…

custom valentines gifts

Crafting Unique Love Stories: 4 Personalized Valentine’s Gift Ideas

Within the realm of expressing affection, Valentine’s Day emerges as a guiding light, infusing hearts with affection and warmth. As February 14th draws nearer, the pursuit for the…

crochet gifts for men

Handcrafted Delights: 4 Crochet Gift Ideas Men Will Love

In the realm of handcrafted presents, crochet crafts frequently capture attention with their enduring grace and personalized touch. Initially, selecting crochet gifts for men might appear restrictive, however,…

crochet christmas gifts

Handcrafted Joy: 4 Inspired Crochet Ideas for Christmas Gifts

During the essential period of gift-giving, crochet Christmas presents are indeed distinguish as affectionate expressions of love and creativity. Each meticulously stitched thread radiates thoughtfulness, exemplifying the essence…

Unwrapping Joy: Discovering Perfect Christmas Vacation Gifts

In the ambiance of the festive season, the quest for Christmas vacation gifts that encapsulate warmth, consideration, and a hint of exhilaration morphs into a captivating endeavor. As…

christmas tree gift

Unwrapping the Magic: Four Festive Needs for Your Christmas Tree Gifts

“Casting a shimmer over frosty winters, as snowflakes caress the ground and the atmosphere is permeated with the aroma of comforting spices, arises a tradition that stands regal…

Leave a Reply

Your email address will not be published. Required fields are marked *