Under the agreement, which automatically renews each year unless terminated by one the parties, Amazon will receive warrants over 2% of Grubhub's fully-diluted common equity.
(Reporting by Elena Vardon, Editing by Louise Heavens)
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(Reuters) - Just Eat Takeaway and Amazon have partnered to give Amazon Prime members access to free deliveries in the Anglo-Dutch meal ordering company's U.S. unit Grubhub app.
Under the agreement, which automatically renews each year unless terminated by one the parties, Amazon will receive warrants over 2% of Grubhub's fully-diluted common equity.
(Reporting by Elena Vardon, Editing by Louise Heavens)
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