OrderUp: Grubhub to close OrderUp's HQ, lay off 60 employees

Grubhub's deal with Groupon to acquire all 27 of OrderUp's company-owned food delivery markets will result in the closure of OrderUp's Baltimore headquarters and the layoff of 60 employees, a spokesman for Groupon said. Once the deal closes, Grubhub (NYSE: GRUB) will take over the markets from OrderUp. At that point, the OrderUp app and website will begin redirecting to Grubhub's ordering platforms. However, there will still be 11 franchised cities where OrderUp will continue to operate, including...