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Thanks to Lazy People Everywhere GrubHub Is Making Serious Money

Quarterly profits have seen "more than a five-fold jump."


People really like being able to order dinner via their smart phone and have it delivered to their door. According to the Chicago Tribune, food delivery site GrubHub Inc. — which merged with former rival Seamless last year — is having a very, very good year. The company reported "more than a five-fold jump" in quarterly profits. Stock prices are up nearly six percent, and the company forecasts that it will generate somewhere between $68.5 million to $70.5 million in revenue before the end of the year.

Currently GrubHub operates in over 700 cities across the United States and works with nearly 30,000 restaurants.

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