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Just Eat Takeaway sells Grubhub for $650 million
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 U.S. platform just three years ago. Wonder Group, a New York-based food ordering company that touts “fast fine” dining,
Just Eat Takeaway finally offloads Grubhub, sells to Wonder for $650M
Netherlands-based food delivery company Just Eat Takeaway.com said on Wednesday that it is selling its U.S. business Grubhub to New York-based
Just Eat Takeaway sells Grubhub for $650 million as shares jump
The subsequent
sale
process was hampered by slowing growth ... on how much delivery firms can charge restaurants cost the group some $100 million per year.
Grubhub
's enterprise value of $650 million includes $500 million of senior notes and $150 million ...
WVEC
3d
Grubhub to be acquired by Wonder Group in $650 million deal
That's far less than than the pricetag on
Grubhub
's last
sale
. Back in 2020, during the early days of the COVID-19 ...
1d
Planning For The Unexpected Return: Lessons From Grubhub’s Founder
In the world of entrepreneurs and start-ups, the sale of a business is most often the goal of the founder and is the ...
3d
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 ...
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