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Just Eat is selling Grubhub to Marc Lore's Wonder
Grubhub to be sold to Marc Lore's Wonder Group for $650 million
Wonder Group has agreed to buy Grubhub in a $650 million in a deal that will conclude Grubhub parent company Just Eat Takeaway.com's yearslong struggle to find a buyer. Why it matters: The deal price reflects a dramatic decline from Grubhub's $7.
Grubhub just sold for $650 million. Four years ago it was worth $7.3 billion
Europe’s biggest meal delivery firm Just Eat Takeaway TKWY.AS said on Wednesday it had struck a deal to sell its U.S. unit Grubhub to Wonder for $650 million, sending its shares soaring 20% in early trading.
Just Eat is selling Grubhub to Marc Lore’s Wonder for $650M
Just Eat is selling off Grubhub to fancy food hall delivery startup Wonder in a deal worth $650 million. The transaction is expected to close in the first quarter of 2025, subject to regulatory approvals.
2d
Former Walmart Executive’s Startup to Buy Grubhub
Marc Lore’s Wonder agreed a deal to buy the food-delivery startup from Europe’s Just Eat Takeaway.com.
The San Joaquin Valley Sun
1d
Wonder agrees to $650 million deal for Grubhub
Just Eat Takeaway.com is selling its US-based Grubhub to Wonder for $650 million due to growing tensions with competitors ...
2d
Chicago-based Grubhub sold for $650 million to Wonder Group Inc.
Wonder Group Inc. is buying Grubhub from Just Eat Takeaway.com NV for about $650 million, acquiring the restaurant delivery ...
2d
on MSN
Just Eat Sells Grubhub at 90% Discount to Pandemic Peak
Wonder Group Inc. is buying Grubhub from Just Eat Takeaway.com NV for about $650 million, acquiring the restaurant delivery ...
Crain's Chicago Business
2d
Grubhub sold at steep discount from its peak during the pandemic
Wonder will
pay
$142 million in cash and take on $500 million in
Grubhub
debt, Wonder Chief Executive Officer Marc Lore ...
2d
on MSN
Wonder buys Grubhub in $650 million food delivery app deal
The food delivery app Wonder Wednesday announced it has bought Grubhub in a $650 million dollar combination debt and cash ...
Leadership
1d
Done and Dusted—Just Eat Takeaway Sells Grubhub for $650 Million
Just Eat Takeaway sells Grubhub for $650 million to Wonder Group, with the transaction expected to close in the first quarter ...
1d
on MSN
Just Eat Takeaway sells Grubhub for $650 million, just 3 years after buying the app for $7.3 billion
European food delivery giant Just Eat Takeaway.com is selling Grubhub for $650 million, a fraction of the billions it spent ...
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