Just Eat Takeaway sells Grubhub for $650 million, just 3 years after ...

15 hours ago · The deal is far less than when Just Eat bought Grubhub for $7.3 billion in a sale finalized in 2021. Helayne Seidman. The New York startup was once known for its fleet of …

$650
OFF

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

2 weeks from now

15 hours ago · The deal is far less than when Just Eat bought Grubhub for $7.3 billion in a sale finalized in 2021. Helayne Seidman. The New York startup was once known for its fleet of …

nypost.com

$650
OFF

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

2 weeks from now

1 day ago · 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 …

cnn.com

$650
OFF

Just Eat Takeaway Sells Grubhub For $650 Million | AP News

2 weeks from now

1 day ago · According to Just Eat Takeaway.com, the platform generated 237 million orders with a gross transaction value of 8.06 billion euros (about $8.53 billion) last year. Takeaway.com, …

apnews.com

15%
OFF

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

2 weeks from now

1 day ago · The Amsterdam-listed company said it would sell Grubhub, which it has been looking to offload since 2022, to Wonder for $650 million, sending its shares soaring more than 15%.

usatoday.com

$650
OFF

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

2 weeks from now

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

15%
OFF

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

2 weeks from now

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

£502
OFF

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

90%
OFF

Just Eat Sells Grubhub At 90% Discount To Pandemic Peak - Yahoo …

2 weeks from now

1 day ago · (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 …

yahoo.com

16%
OFF

Just Eat Takeaway.com Surges On A Bittersweet Exit From Grubhub

2 weeks from now

12 hours ago · Summary. Just Eat Takeaway.com saw a 16% stock surge after confirming the sale of Grubhub to Wonder for less than $1 billion. Despite the sale price being significantly …

seekingalpha.com

20%
OFF

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

2 weeks from now

2 days ago · Europe's biggest meal delivery firm Just Eat Takeaway has struck a deal to sell its US unit Grubhub to Wonder for $650m, sending its shares soaring 20%. The Amsterdam …

rte.ie

$7
OFF

Just Eat Explores Grubhub Sale As It Sees Corrections Following ...

2 weeks from now

Apr 20, 2022 · Just Eat Takeaway.com NV (OTC: JTKWY) weighed a partial or complete sale of its Grubhub unit less than a year after buying it for $7.3 billion. Just Eat Takeaway.com …

yahoo.com

$650
OFF

Just Eat Takes A Hit On Grubhub Sale - LinkedIn

2 weeks from now

2 days ago · Just Eat Takeaway is planning to sell Grubhub to US firm Wonder for $650m (€612m; £510m). The Amsterdam-headquartered food delivery firm bought Grubhub for …

linkedin.com

$7
OFF

Just Eat Takeaway Explores Grubhub Sale - Financial Times

2 weeks from now

Apr 20, 2022 · Just Eat Takeaway is exploring a sale of Grubhub, ceding to months of investor pressure over a $7.3bn deal it struck at the height of the pandemic lockdown-driven food …

ft.com

$650
OFF

Just Eat Takeaway Sells Grubhub To Wonder In $650M Deal

2 weeks from now

2 days ago · The End of an Era for Grubhub and Just Eat Takeaway. For Just Eat Takeaway, the Grubhub acquisition has been fraught with challenges. When the company acquired Grubhub …

ceotodaymagazine.com

FAQs about Just Eat Takeaway sells Grubhub for $650 million, just 3 years after ... 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. ...

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. ...

Are GrubHub and takeaway the same company?

Takeaway.com, which merged with Just Eat in 2020, and Grubhub were both founded in the early 2000s — making them some of the earliest entries in the sector. But competition rapidly increased as now-popular platforms like Uber Eats and DoorDash also joined the game. And customers jumping between apps can make it difficult to keep sales stable. ...

Is Just Eat takeaway trying to unload Grubhub?

Those who follow Just Eat Takeaway.com closely know that the company has been trying to unload Grubhub for some time. Management announced in the firm’s latest annual report for the 2023 fiscal year that it was looking to sell either some of or all of Grubhub. ...

What happened to New Just Eat takeaway shares?

As a result of the Transaction, New Just Eat Takeaway.com Shares (represented by New Just Eat Takeaway.com ADSs) have now been issued for the benefit of Grubhub Stockholders in satisfaction of the consideration due under the terms of the Transaction. ...