Postmates CEO: Rival GrubHub’s debacle is not a warning sign on overall food delivery business

https://www.cnbc.com/2019/11/07/postmates-bastian-lehmann-grubhub-not-a-warning-sign-on-food-delivery.html

• GrubHub’s terrible earnings and more than 40% stock plunge last week is not indicative of the potential of the broader food delivery business, says Postmates co-founder Bastian Lehmann.
• Lehmann says the GrubHub catastrophe is a GrubHub problem.
• Taking a veiled swiped at his rival, Lehmann says millennials who like Postmates may be turned off by companies that cater to people over 50.