With Twitter's IPO out of the way , the question arises: what Internet company will be the next to go public? According to The Deal, the answer is Seamless, though others including Square and Box could be on the horizon, too. The food delivery service is reportedly already considering its options and could enter the public stock market in late 2014 at the earliest.
The browser and app-based service launched in 2012 and lets users order delivery or takeout directly from local restaurants online. Seamless maintains a strong social media presence, regularly offering deals and discounts to its customers, but The Deal notes that its biggest source of profit comes from law firms and finance companies that order food for an entire floor or department at once through the application.
Earlier this year Seamless merged with GrubHub, its biggest competitor, at the time revealing their joint revenue was over $100 million. The two companies also announced that, together, they were processing 130,000 orders each day through 25,000 restaurants in the U.S. and U.K., and that's not even including larger orders for business clients.
Seamless will of course need to show how it plans to expand if it does go public, and moving out of large cities could be tougher than it looks.
Update: A spokesperson reached out to us to clarify that post-merger the company's official name is GrubHub Seamless, while Seamless is simply a product within the company's portfolio.
The Galaxy S20 Ultra's Space Zoom camera is amazing and a bit creepy
The Galaxy S20 Ultra supports up to 100X zoom, which Samsung calls Space Zoom, but is it any good? Can a phone really product usable photos at 100x zoom? We've got our Galaxy S20 Ultra already so join us to find out!
Win an iPhone, iPad and Apple Watch with the Reader's Choice giveaway!
What's the best phone of 2019? Is it the iPhone 11 Pro, Pixel 4 or OnePlus 7T? What about the best laptop, games console, tablet and more? Vote NOW in the Reader's Choice awards and win BIG in time for the holidays!
Here are the best products from IFA 2019!
Here are the products announced at IFA 2019 that were worthy of our Best of IFA 2019 awards. Also featuring MrMobile's single best product at the show!
Solve all of your problems, add the perfect calculator to your life
With the right calculator, everything adds up! Whether you need a basic model or one with more advanced functions, there is a calculator that will meet your functional requirements.