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Just Eat is selling Grubhub to Marc Lore's Wonder
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. Wonder is owned by businessman Marc Lore, the former Walmart e-commerce CEO and part-owner of the Minnesota Timberwolves.
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 to buy the US platform just three years ago. Wonder Group, a New York-based food ordering company that touts “fast fine” dining,
Just Eat Takeaway.com jumps after agreeing to sell Grubhub to startup Wonder
ADRs soared 16% after the company confirmed it's selling food-delivery service Grubhub to Wonder for an enterprise value of $650 million. Grubhub will be transferred with its $500 million of senior notes and,
Axios on MSN
22h
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 ...
1d
on MSN
Grubhub reportedly in talks to be acquired by Marc Lore’s Wonder startup
Wonder, a food-delivery startup led by former Walmart executive Marc Lore, is in advanced talks to buy Grubhub from Amsterdam ...
Restaurant Business
21h
Wonder to acquire Grubhub for $650M
The deal will give Marc Lore’s food hall-delivery chain a nationwide network of couriers and restaurants. And it will end ...
1d
on MSN
Former Walmart Executive’s Startup to Buy Grubhub
Wonder, a food-delivery startup led by former Walmart executive Marc Lore, is in advanced talks to buy Grubhub from Europe’s ...
Wane
20h
Grubhub to be sold to Wonder in $650 million deal
Wonder has agreed to pay $150 million in cash and will take on $500 million in
Grubhub
debt. The transaction is expected to ...
The San Joaquin Valley Sun
15h
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 ...
Nation's Restaurant News
19h
Wonder to acquire Grubhub
The acquisition, slated for completion early in 2025, could allow one-app ordering for everything from high-end dinners to ...
20h
Chicago-based Grubhub sold for $650 million to to Wonder Group Inc.
Wonder Group Inc. is buying Grubhub from Just Eat Takeaway.com NV for about $650 million, acquiring the restaurant delivery ...
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