Just Eat is selling Grubhub to Marc Lore’s Wonder for $650M

1 day ago · 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 …

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Just Eat Is Selling Grubhub To Marc Lore’s Wonder For $650M

2 weeks from now

1 day ago · 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 …

theverge.com

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

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1 day ago · Wonder is a food-delivery startup led by former Walmart executive Marc Lore. Just Eat said it expected to get net proceeds of up to $50 million from the deal, which would …

usatoday.com

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

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1 day ago · NEW YORK -- 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 …

go.com

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Wonder Snaps Up Grubhub For $650M As Owner Just Eat

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1 day ago · Foodtech specialist Wonder Group is acquiring delivery company Grubhub from Just Eat for $650 million including debt—a disappointing outcome in a sector still reeling from a …

pitchbook.com

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Startup Wonder Buys Grubhub From Just Eat Takeaway For $650 …

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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 …

inc.com

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Wonder Group To Buy Food Delivery Service Grubhub For $650 …

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1 day ago · Wonder Group has agreed to acquire Grubhub for $650 million from Just Eat Takeaway, which had struggled for more than a year to find a buyer. Why it matters: The deal …

axios.com

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Grubhub To Be Sold To Marc Lore's Wonder Group For $650 Million …

2 weeks from now

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: …

msn.com

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Just Eat Takeaway Sells Grubhub For $650m - Morningbrew.com

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20 hours ago · After four years abroad, Grubhub is coming back home. Netherlands-based Just Eat Takeaway will sell the food delivery service to billionaire entrepreneur Marc Lore’s …

morningbrew.com

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

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1 day ago · Just Eat has sold its US business Grubhub to the food delivery startup Wonder for 650 million dollars (£502.5 million), more than two years after it announced plans for a sale. …

yahoo.com

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Chicago-based Grubhub Sold For $650M To New York-based …

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1 day ago · The value is a far cry from the $7.3 billion Just Eat Takeaway paid for Grubhub. ... Founded by former Walmart executive Marc Lore, Wonder touts itself as a “new kind of food …

suntimes.com

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

2 weeks from now

1 day ago · Just Eat has sold its US business Grubhub to the food delivery startup Wonder for 650 million dollars (£502.5 million), more than two years after it announced plans for a sale. …

guernseypress.com

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

2 weeks from now

1 day ago · Just Eat has sold its US business Grubhub to the food delivery startup Wonder for 650 million dollars (£502.5 million), more than two years after it announced plans for a sale.

independent.co.uk

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Just Eat Takeaway Sells US Unit Grubhub For $650m - RTÉ

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2 days ago · Grubhub's enterprise value of $650m includes $500m of senior notes and $150m cash, Wonder said in a statement. Wonder is a food-delivery startup led by former Walmart …

rte.ie

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Wonder Group Buys Grubhub In $650M Deal | 9news.com

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15 hours ago · NEW YORK — 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 …

9news.com

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Just Eat To Sell Grubhub To Wonder Group For $650m

2 weeks from now

1 day ago · Just Eat Takeaway said on Wednesday that it has agreed to sell US business Grubhub to Wonder Group for $650m. Software & Computer Services 2,454.32

sharecast.com

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Just Eat Is Selling Grubhub To Marc Lore's Wonder For $650M

2 weeks from now

1 day ago · Just Eat moved ~6bn dollars to grubhub’s prior owners a couple years ago, in exchange for shares of grubhub. This is the velocity we want. They sold it to someone else …

ycombinator.com

FAQs about Just Eat is selling Grubhub to Marc Lore’s Wonder for $650M Coupon?

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. ...

Did just eat takeaway buy Grubhub for $650 million?

Catch up on the developing stories making headlines. NEW YORK -- 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. ...

Will Grubhub sell to wonder?

“The sale of Grubhub to Wonder will increase the cash generation capabilities of Just Eat Takeaway.com and will accelerate our growth,” Jitse Groen, Just Eat Takeaway’s CEO, said in a statement. The company said the sale would allow it to invest in countries where it has a competitive advantage and generate free cash flow. ...

Who owns Grubhub?

NEW YORK -- 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, is set to be Grubhub's new owner. ...

How much is Grubhub worth?

Grubhub's enterprise value of $650 million includes $500 million of senior notes and $150 million cash, Wonder said in a statement. Wonder is a food-delivery startup led by former Walmart executive Marc Lore. ...

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. ...