FOOD: Grubhub to buy Eat24 from Yelp

Grubhub plans to gobble up another online food-ordering rival: This time it’s Yelp Inc.’s Eat24. Chicago-based Grubhub Inc. is paying Yelp $287.5 million for Eat24. That’s more than double what Yelp, based in San Francisco, paid to acquire Eat24 two years ago. Grubhub says it will keep the Eat24 brand alive. Grubhub has acquired other competitors, including LAbite and DiningIn. Earlier this week, it announced a deal with online deals site Groupon, in which it will take over 27 markets of Groupon’s OrderUp food ordering service.