The combined organisation will enable diners and companies in more than 500 cities across the US to order from more than 20,000 local takeout restaurants.
In 2012, the online and mobile platforms of the two organisations sent approximately $875m in gross food sales to local takeout restaurants, resulting in combined revenue well in excess of $100m.
GrubHub co-founder and CEO Matt Maloney will serve as CEO of the new organisation, and Seamless CEO Jonathan Zabusky will serve as president.
GrubHub and Seamless shareholders will both have significant representation on the combined company’s board of directors. Brian McAndrews, an independent director on the Seamless board prior to this transaction, will serve as chairman of the new, combined board.
The merger is subject to regulatory approval.
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