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Just Eat Takeaway sells Grubhub for $650 million
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 as shares jump
The Amsterdam-listed company said it would sell Grubhub, which it has been looking to offload since 2022, sending its shares soaring more than 15%.
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,
Restaurant Business
4d
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 ...
3d
on MSN
Grubhub just sold for a tenth of what it was worth during the pandemic
A startup called Wonder is now the new owner of Grubhub. The food delivery app announced its acceptance of the deal on its ...
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