The deal comes as America’s largest bank looks to win a greater share of the payments consumers make while dining out. The US bank said it acquired The Infatuation, which in just over a decade has grown from a New York-focused “where to eat” blog into a restaurant and bar review media and event empire, for an undisclosed sum.
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JPMorgan buys restaurant reviews group behind Zagat guide
“The deal aims to accelerate the firm’s investment in dining, and further demonstrates JPMorgan Chase’s commitment to meeting customers where they are with exceptional benefits, useful content and one-of-a-kind experiences, at scale,” JPMorgan said in a statement.
