Dueling Acquisitions Heat Up the Food Delivery Market

Seamless, a New York company focused on bringing delivery and takeout services to the Web, has acquired MenuPages for its database of 35,000 menus. Seamless, which made the acquisition from New York Media for an undisclosed amount, said the combined companies have 240 employees and are expected to book $400 million in orders this year. Last week, Seamless’s competitor, GrubHub of Chicago, raised $50 million and acquired Dotmenu and Allmenus. Terms were not disclosed. GrubHub projects that order revenues will total $225 million.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work