Grubhub’s competitors won’t be eaten by the main partnership

Just Eat Grubhub has delivered a delicious snack, but don’t expect its US competitors to starve.

Shares of the Amsterdam-based delivery company jumped nearly 15% on July 6 after it said it had reached an agreement with to offer US Prime subscribers a free year of Grubhub’s membership program, Grubhub+. As part of the deal, Amazon will receive warrants in Grubhub equivalent to 2% of Grubhub’s equity and access to warrants for an additional 13%.

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