Just Eat Takeaway finally offloads Grubhub, sells to Wonder for …

1 day ago · 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 …

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

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15 hours ago · European food delivery giant Just Eat Takeaway.com is selling Grubhub for $650 million, a fraction of the billions it spent to buy the US platform just three years ago. Wonder …

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

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1 day ago · Under terms of the deal, announced Wednesday, Wonder will acquire Grubhub from Just Eat Takeaway.com for $150 million in cash and $500 million in senior notes. That’s far …

apnews.com

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

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1 day ago · Nov 13 (Reuters) - Europe's biggest meal delivery firm Just Eat Takeaway , opens new tab said on Wednesday it had agreed to sell its U.S. unit Grubhub to Wonder at a steep …

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Just Eat Takeaway Sells US Unit Grubhub For $650 Million, Shares

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(Reuters) -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 …

msn.com

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

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1 day ago · The acquisition, spearheaded by Wonder CEO and former Walmart executive Marc Lore, clocked in at a steep discount to Grubhub’s last purchase price: The company was …

pitchbook.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.com Jumps After Agreeing To Sell Grubhub To …

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1 day ago · Just Eat Takeaway.com (OTCPK:JTKWY) ADRs soared 16% after the company confirmed it's selling food-delivery service Grubhub to Wonder for an enterprise value of $650 …

seekingalpha.com

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Just Eat Takeaway.com To Sell Grubhub To Wonder Group In $650 …

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1 day ago · (RTTNews) - Just Eat Takeaway.com N.V. (JET.L), a Dutch online food delivery platform, on Wednesday announced that it has entered into a definitive agreement to sell …

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

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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. The price tag ...

msn.com

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Just Eat Takeaway Sells Grubhub At Steep Loss

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1 day ago · Amsterdam-based food delivery giant offloads unit to US-based Wonder Group for $650mn after buying it for $7.3bn

ft.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. Wonder meanwhile last year bought food kit maker Blue Apron for $103 million. "Wonder's acquisition of Grubhub …

morningstar.com

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Done And Dusted—Just Eat Takeaway Sells Grubhub For $650 Million

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11 hours ago · Just Eat Takeaway has finally managed to sell Grubhub for $650 million, allowing it to close the doors on its U.S. expansion. The European meal delivery firm acquired Grubhub …

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Just Eat Takeaway Sells Grubhub To Wonder For $650M, Marking …

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20 hours ago · Just Eat Takeaway.com JTKWY has announced the sale of its U.S. food delivery business, Grubhub, to Wonder Group for an enterprise value of $650 million. What Happened: …

benzinga.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.

independent.co.uk

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Just Eat Finally Offloads Grubhub For £5bn Discount

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1 day ago · PressReader. Catalog; For You; The Daily Telegraph. Just Eat finally offloads Grubhub for £5bn discount 2024-11-14 - By Daily Telegraph Reporter . EUROPE’S biggest …

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

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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 bought food kit ...

msn.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 bought food kit ...

morningstar.com

FAQs about Just Eat Takeaway finally offloads Grubhub, sells to Wonder for … Coupon?

Why did just eat takeaway sell Grubhub to wonder?

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 years-long search for a buyer and boosting its shares. ...

Who owns Grubhub?

N EW 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. Wonder Group, a New York-based food ordering company that touts “fast fine” dining, is set to be Grubhub's new owner. ...

Is Grubhub winning the food delivery War?

As of March 2024, numbers from data analytics firm Bloomberg Second Measure showed that Grubhub made up only 8% of meal delivery consumer spending in the U.S. — far less than DoorDash or Uber Eats. DoorDash is currently winning the “food delivery war,” per Second Measure, making up 67% of these sales, followed by Uber Eats' 23%. ...

Will Just Eat exit Grubhub?

The transaction is expected to be completed in the first quarter of 2025. Just Eat said it would not impact its full-year guidance and that it retains no material liabilities associated with Grubhub. However, analysts said it might need to exit other markets, such as Canada or Australia, to close the valuation gap with European peers. ...

Could Grubhub be finalized if talks Don't Falter?

A deal could be finalized imminently if the talks don't falter, according to a WSJ report on Tuesday, which cited people familiar with the matter. Grubhub is likely to be valued at below $1 billion in any deal. Wonder was started in 2018 by former Walmart executive Marc Lore. ...

Will Just Eat's shares rise if Wednesday's gains hold?

If Wednesday's gains hold, Just Eat's shares will see their biggest daily rise since August 2022, wiping out most of this year's losses, which stood at 18.1% at the end of the previous session. Reporting by Michal Aleksandrowicz and Gianluca Lo Nostro in Gdansk; Editing by Muralikumar Anantharaman, Mrigank Dhaniwala and Milla Nissi ...