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OpenTable Inc
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SAN FRANCISCO-- OpenTable Inc. said Thursday that it bought mobile technology company JustChalo Inc. in a stock-and-cash deal worth $11 million. OpenTable, based in San Francisco, provides an online service for customers to make reservation at restaurants. Shares of OpenTable rose $1.50 to close at $67.14.
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SAN FRANCISCO, May 20- Two of the nation's biggest online food delivery businesses said they are merging in a deal that they hope will drive more orders, in more cities, through their platforms. Think restaurant reservations, where OpenTable dominates, or car services, where privately held startups such as Uber are making significant inroads.
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Check out which companies are making headlines after the bell Thursday:
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Check out which companies are making headlines after the bell Tuesday:
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Steve Cohen's SAC Capital disclosed a 5.03% stake in OpenTable, reports CNBC's Josh Lipton.
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Maria Bartiromo invites tech stars, from entrepreneurs to investors, to dinner.
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OpenTable looks like it has a second act ahead, Henry Ellenbogen says.
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CNBC's Scott Wapner reports Apple's CEO sees "incredible opportunities" in emerging markets. And, Matthew Roberts, OpenTable CEO, weighs in on where he sees the future of mobile technology.
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LinkedIn reported earnings that blew past expectations as revenue shot up 81 percent. Shares rose more than 10 percent after-hours.
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Check out which companies are making headlines after the bell Thursday:
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