Core Insights - Grubhub's parent company, Wonder, has acquired Claim, a restaurant rewards app that offers cash-back rewards for local dining options [1][2] - The acquisition aims to enhance customer acquisition and retention tools for restaurants on Grubhub's platform, while providing additional savings for diners [2][4] Financial Aspects - Claim raised a total of $20 million, with a valuation estimated at $62 million by Pitchbook [2] - The financial terms of the acquisition were not disclosed [2] Strategic Implications - Claim's technology is expected to reduce customer acquisition costs and drive repeat visits for restaurants without adding operational complexity [4] - Grubhub plans to integrate Claim's rewards system with its existing marketing tools to benefit over 415,000 merchants and nearly 20 million diners [5] Operational Changes - Claim will continue to operate through its app and website for the time being, with plans for a streamlined experience across Grubhub and Claim apps in the future [6] - Current Claim users may experience changes in product offerings and reward payouts, but personalized promotions will remain [7] Market Expansion - Claim is currently available to Grubhub merchants and diners in New York City, with a nationwide rollout planned for later this year [5]

Core Insights - National Retail Solutions (NRS) has integrated with Grubhub to enable independent retailers to offer remote ordering for delivery or in-store pick-up, enhancing their digital capabilities [1][2] Company Overview - NRS operates a leading point-of-sale (POS) terminal-based platform and digital payment processing service for independent retailers across the U.S. [3] - NRS is a subsidiary of IDT Corporation, listed on NYSE [3] Partnership Details - The integration with Grubhub allows NRS retailers, primarily neighborhood convenience stores and bodegas, to compete effectively in the digital marketplace [2] - Key advantages of the integration include streamlined operations, real-time menu and inventory syncing, reduced training requirements, centralized management, and actionable analytics [5] Operational Benefits - Grubhub orders are directly processed through the NRS POS system, simplifying workflows and reducing counter clutter [5] - Price updates and inventory changes in the NRS POS are automatically reflected on Grubhub menus, ensuring order accuracy [5] - Retailers can manage Grubhub menus and store analytics directly from their NRS POS, enhancing operational efficiency [5] Market Impact - The integration is designed to help local businesses thrive in a digital-first environment, unlocking new revenue streams without adding operational complexity [2] - NRS retailers utilizing the Grubhub integration have reported significantly increased profitability and strong returns on investment [2]