Uber shares tumble 5% as reports indicate it will lose the Grubhub deal to European rival

Reports this morning indicate that Uber, the American ride-hailing giant with a global footprint, will lose out on its attempt to buy Grubhub, an American food ordering and delivery service. Uber competes with Grubhub domestically with its Uber Eats service; a tie-up between the two could have given Uber suffocating market share in the United […] Learn more about your ad choices. Visit podcastchoices.com/adchoices