Grubhub just sold for $650 million. Four years ago it was worth …

1 day ago · 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 ...

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Grubhub Just Sold For $650 Million. Four Years Ago It Was Worth …

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cnn.com

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Just Eat Takeaway Sells Grubhub For $650 Million, Just 3 Years …

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1 day ago · Back in 2020, during the early days of the COVID-19 pandemic and a surge in demand for takeout meals, Just Eat agreed to buy Grubhub for $7.3 billion — reportedly …

usnews.com

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Just Eat Takeaway Offloads US Unit Grubhub For $650 Mln, Shares …

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1 day ago · Grubhub sold for $650 mln vs $7.3 bln Just Eat paid for it It has been looking to sell the unit since 2022 Shares soar more than 15% Nov 13 (Reuters) - Europe's biggest meal …

reuters.com

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US Startup Buys Just Eat Takeaway’s Grubhub For $650 Million

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1 day ago · 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 …

bloomberg.com

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Just Eat Takeaway Sells Grubhub For $650 Million, Just 3 Years After ...

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1 day ago · 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 …

ajc.com

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Former Walmart Executive’s Startup To Buy Grubhub - WSJ

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1 day ago · Just Eat bought Grubhub in 2021 in a deal valued at over $7 billion. Grubhub had been in discussions to sell itself to Uber before it made a surprise move to join forces with Just …

wsj.com

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Grubhub To Be Sold For A Fraction Of What Just Eat Takeaway Paid …

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1 day ago · Just Eat Takeaway bought Grubhub in 2021 for $7.3 billion, a deal that quickly turned sour for the company. Wonder, which sells meals based on the cooking of top chefs, last year …

morningstar.com

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Just Eat Takeaway Sells Grubhub For $650M, Just 3 Years ... - KSL …

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6 hours ago · Back in 2020, during the early days of the COVID-19 pandemic and a surge in demand for takeout meals, Just Eat agreed to buy Grubhub for $7.3 billion — reportedly …

ksl.com

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Just Eat Takeaway Sells Grubhub For $650 Million, Just 3 Years After ...

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1 day ago · That's far less than than the pricetag on Grubhub's last sale. Back in 2020, during the early days of the COVID-19 pandemic and a surge in demand for takeout meals, Just Eat …

marketbeat.com

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US Startup Buys Just Eat Takeaway’s Grubhub For $650 Million

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1 day ago · 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 …

bloomberglaw.com

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Just Eat Sells US Business Grubhub For 650m Dollars At Steep …

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1 day ago · The price tag represents a roughly 6.65 billion dollar (£5.22 billion) discount, after Just Eat bought Grubhub for 7.3 billion dollars (£5.73 billion) in 2020, during the pandemic-fuelled …

independent.co.uk

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Grubhub Sold To Just Eat Takeaway For $650M - USA TODAY

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1 day ago · Its strongest markets include Britain, Ireland and Northern Europe. J.P.Morgan said in a note it had argued for an about $1.2 billion valuation for Grubhub in the past, but the market …

usatoday.com

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Just Eat Takeaway To Buy Grubhub For $7.3 Billion To Enter U.S.

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Jun 11, 2020 · BML-PL. (Bloomberg) -- Europe’s Just Eat Takeaway.com NV agreed to acquire U.S.-based Grubhub Inc. for $7.3 billion, in a deal that creates one of the world’s largest meal …

yahoo.com

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Just Eat Takeaway Sells Grubhub For $650 Million, Just 3 ... - The Hill

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1 day ago · Back in 2020, during the early days of the COVID-19 pandemic and a surge in demand for takeout meals, Just Eat agreed to buy Grubhub for $7.3 billion — reportedly …

thehill.com

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Grubhub Acquired By Just Eat For $7.3 Billion | Fortune

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Jun 10, 2020 · Amsterdam-based Just Eat Takeaway said it will pay $75.15 per share for Grubhub in an all-stock deal with an equity value of $7.3 billion. Grubhub’s stock price rose …

fortune.com

FAQs about Grubhub just sold for $650 million. Four years ago it was worth … Coupon?

Did just eat takeaway buy Grubhub for $650 million?

FILE - The Grubhub app is seen on an iPhone in Chicago, Feb. 20, 2018. (AP Photo/Charles Rex Arbogast, File) 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. ...

Who bought Grubhub?

(Bloomberg) -- 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. Most Read from Bloomberg ...

What happened to Grubhub?

Europe’s biggest meal delivery firm Just Eat Takeaway TKWY.AS 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 trading. ...

Is Just Eat takeaway selling Grubhub to wonder group?

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 stark 91% less than the $7.3 billion Just Eat Takeaway paid for the company just four years ago. ...

Is Grubhub putting an end to 'Just Eat takeaway'?

“Just Eat Takeaway is at last putting an end to its disastrous U.S. journey,” Bryan Garnier analyst Clement Genelot said, noting the group had destroyed more than $7 billion in shareholder value there. Grubhub’s enterprise value of $650 million includes $500 million of senior notes and $150 million cash, Wonder said in a statement. ...

Why did just eat buy Grubhub?

Amsterdam-based Just Eat bought Grubhub in a bid to get access to the US food delivery market, but order numbers have lagged in recent years. By April 2022, it announced plans to sell the company, amid growth from competitors such as Uber Eats. ...