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.

Source: http://allthingsd.com/20110926/dueling-acquisitions-heat-up-the-food-delivery-market/

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