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 to be sold for a fraction of what Just Eat Takeaway paid in 2021
Meal-delivery service Grubhub is going to be sold to Wonder Group, which bought Blue Apron last year, in a deal for a fraction of what it was sold for three years ago
Startup Wonder Buys Grubhub From Just Eat Takeaway for $650 Million
The European parent company of the popular food delivery app company had sought to leave the U.S. market since 2022.
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 service at a steep discount to the $7.3 billion price tag it commanded during the early days of the Covid pandemic.
Just Eat Takeaway Shares Jump After Company Agrees to Grubhub Sale
Just Eat Takeaway.com shares jumped after the company said it agreed to the sale of its U.S. subsidiary Grubhub to former Walmart executive Marc Lore's startup Wonder, ending a two-year saga over the unit.
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.
Grubhub to be sold to Wonder in $650 million deal
Europe’s largest meal delivery firm announced Wednesday that it will be selling its U.S.-based Grubhub to Wonder in a $650 million deal.
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,
Retail TouchPoints18h
Food Hall Startup Wonder Acquires Grubhub for $650 Million
Wonder Group, the “fast fine dining” retailer, will purchase Grubhub from Just Eat Takeaway.com for $650 million in a deal to ...
Food delivery M&A: Wonder Group confirms deal for Grubhub
Wonder Group confirmed on Wednesday that it is acquiring Grubhub from Just Eat Takeaway.com N.V. ( OTCPK:JTKWY) for $650 ...
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 ...
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 ...
Wonder Buys GrubHub At Stunning Discount
Just Eat Takeaway agreed to sell Grubhub to Wonder Group for $650 million, after paying $7.3 billion for it in 2020.
Hoodline1d
Grubhub Acquired by New York's Wonder Group for $650 Million Amid Competitive Food Delivery Market
Grubhub is set to be acquired by Wonder Group for $650 million, with plans to integrate into Wonder's innovative food ...
Company sells Grubhub for $650 million - 3 years after buying it for $7.3 billion
Wonder Group, a New York-based food ordering company that touts “fast fine” dining, is set to be Grubhub’s new owner. Under ...
Crain's Chicago Business2d
Grubhub sold at steep discount from its peak during the pandemic
Wonder Group Inc. is buying Grubhub from Just Eat Takeaway.com NV ... Wonder will pay $142 million in cash and take on ...