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It expects net proceeds of as much as $50 million from the deal. “The sale of Grubhub to Wonder will increase the cash generation capabilities of Just Eat Takeaway.com,” Just Eat Chief ...

A startup called Wonder is now the new owner of Grubhub. The food delivery app announced its acceptance of the deal on its website earlier today. Wonder acquired Grubhub from the Dutch food ...

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 Wonder Group in a deal valued at $650 million — a ...

NEW YORK (AP) — 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.

the restaurant delivery service at a steep discount to the $7.3 billion price tag it commanded during the early days of the Covid pandemic. The transaction is expected to close in the first ...

Grubhub, which is celebrating 20 years as a pioneering Chicago-based food delivery service, has a new owner — and a much lower valuation. Wonder Group Inc. is buying Grubhub from Just Eat ...

Just Eat Takeaway agreed to sell Grubhub to Wonder Group for $650 million, a huge loss after paying $7.3 billion to acquire it in 2020. The deal, which is expected to close in the first quarter of ...

Europe's biggest meal delivery firm Just Eat Takeaway said on Wednesday it had agreed to sell its U.S. unit Grubhub to Wonder at a steep loss to the billions it paid a few years ago, ending a ...

Chicago-based Grubhub’s offices at the Burnham Center, 111 W. Washington St. Anthony Vazquez/Sun-Times Share Grubhub is being sold for a fraction of its value compared with a 2021 deal ...

Europe’s biggest meal delivery firm, Just Eat Takeaway, 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 ...