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Grubhub is signing up more restaurants than ever

But profits down as delivery service faces increasing competition

Grubhub's profits were down $1.3 million in the second quarter, from $30.1 million a year earlier, but it wasn't for lack of diners, or new restaurants entering into agreements with the delivery platform. Recent bad publicity, including accusations of fake websites and inaccurate fees, was not the

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TAGS: Finance
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