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Fly News Breaks for December 10, 2015
GRUB
Dec 10, 2015 | 14:59 EDT
Cowen analyst Kevin Kopelman said Uber is testing a major expansion of its full-on food delivery service in downtown Toronto yesterday, an upgrade from its existing niche "Ultra-Fast" category. Kopelman is incrementally more cautious on GrubHub and would view an expansion of the UberEATS app rollout to the U.S. as a meaningful negative for GrubHub.
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