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Grubhub needs to continue its growth and acquisition strategies to fend off competition (GRUB)

GrubHub reported strong Q1 2018 results, with total revenue growing 49% year-over-year (YoY) to $233 million. The on-demand food delivery service improved its profitability as well, as net income increased from $18 million to $31 million, marking 74% YoY growth.

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