Chicago-based GrubHub is rallying early Tuesday, up 5.49%, after Amazon said it plans to shut down its restaurant-delivery service in the US by the end of the month.

The program, which started in Seattle in 2015, was eventually offered in 20 cities across the country.

The US's restaurant-delivery business has become a crowded space, with competitors like UberEats, DoorDash, and GrubHub all making their presence known.

Tuesday's announcement comes seven months after Amazon discontinued its delivery service in the UK.

https://www.businessinsider.com/amazon-exits-restaurant-delivery-grubhub...

More videos

CGTN 24 Sep 2019 11:15 CEST

China's Instagram-worthy bookstores

VOA News 24 Sep 2019 11:01 CEST

Zimbabwe‘s Water Plant Closes

France 24 24 Sep 2019 10:51 CEST

French connections plus