in 2004, said that by combining their complementary restaurant and diner networks the new company will be well positioned for continued growth in what's become a huge market. 'We believe the merger will enhance the products we are able to offer both our diners and restaurants.' 'We are excited to combine the strengths of these two dynamic organizations in an industry that is rapidly gaining traction,' Maloney said in a statement. In addition to websites, both companies also offer smartphone apps geared toward diners on the go. Diners can search the menus, along with reviews posted by diners, to find the food they want and then order and pay online. Online takeout ordering services work by contracting with restaurants, mostly in large metropolitan areas, to list themselves on the websites. The combined company's name and marketing brands will be determined following regulatory approval, the companies said. Both New York-based Seamless and Chicago-based GrubHub will have significant representation on the new company's board. Rival online takeout services Seamless North America and GrubHub on Monday announced plans to combine and create a new company covering more than 20,000 restaurants in 500 cities across the U.S.īrian McAndrews, an independent director on the Seamless board, will serve as chairman.
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