Amazon will give its U.S. Prime members free access to meal delivery service Grubhub for a year under a deal announced Wednesday.
The Grubhub Plus membership __ which normally costs $9.99 per month __ lets customers order from thousands of restaurants with no delivery fees on most orders. Amazon Prime membership costs $139 per year.
in 2020 for $7.3 billion. Amazon has an initial option to take a 2% stake in Grubhub, which could climb to 15% if certain performance conditions are met. Grubhub was hurt by fee caps that dozens of cities put in place to help restaurants during the pandemic. It is also facing lawsuits in Chicago and Massachusetts, where officials have accused the company of deceptive practices, including advertising delivery services for restaurants without their consent.
Just Eat Takeaway said the agreement will have a neutral impact on Grubhub’s 2022 earnings but will be reflected in its results starting next year. The partnership will automatically renew each year unless Amazon or Grubhub cancels it.
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