Chicago-based Grubhub sells for $650 million, just 3 years after ...

1 day ago · Grubhub sold for $650 million 00:27. European food delivery giant Just Eat Takeaway.com is selling Chicago-based Grubhub for $650 million, a fraction of the billions it …

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Chicago-based Grubhub Sells For $650 Million, Just 3 Years After ...

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1 day ago · Grubhub sold for $650 million 00:27. European food delivery giant Just Eat Takeaway.com is selling Chicago-based Grubhub for $650 million, a fraction of the billions it …

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

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1 day ago · Just Eat Takeaway sells Grubhub for $650 million, just 3 years after buying the app for $7.3 billion. ... a New York-based food ordering company that touts “fast fine” dining, is set …

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Just Eat Takeaway Sells Chicago-Based Grubhub For $650 Million, …

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1 day ago · 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 …

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Chicago-based Grubhub Sold For $650 Million To Wonder Group Inc.

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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 …

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

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1 day ago · Just Eat Takeaway sells Grubhub for $650 million as shares jump. ... Grubhub's enterprise value of $650 million includes $500 million of senior notes and $150 million cash, …

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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 …

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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, 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 …

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

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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 …

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

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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 …

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

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The Amsterdam-listed company had been looking to offload Chicago-based Grubhub since as early as 2022, after acquiring it in 2020 in a $7.3 ... Just Eat Takeaway sells US unit Grubhub …

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

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2 days ago · Wonder Group, a New York-based food ordering company that touts “fast fine” dining, is set to be Grubhub's new owner. Under terms of the deal, announced Wednesday, …

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Just Eat Takeaway Sells US Unit Grubhub For $650 Million - U.S.

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2 days ago · (Reuters) - Europe's biggest meal delivery firm Just Eat Takeaway said on Wednesday it struck a deal to sell its U.S. unit Grubhub to Wonder for $650 million ...

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

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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 …

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FAQs about Chicago-based Grubhub sells for $650 million, just 3 years after ... Coupon?

Did just eat takeaway sell Grubhub?

By Michal Aleksandrowicz and Gianluca Lo Nostro (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 soaring 20% in early trading. ...

Where is Grubhub based?

Grubhub, headquartered in Chicago, operates in more than 4,000 U.S. cities — with over 375,000 merchants and 200,000 delivery partners across the country to date. According to Just Eat, the platform generated 237 million orders with a gross transaction value of 8.06 million euros (about $8.53 million) last year. ...

Can Grubhub charge restaurants for delivering food?

Grubhub and its U.S. peers DoorDash and Uber Eats have been in a legal battle with New York City over a law capping how much they can charge restaurants for delivering meals. Under New York City law, food-delivery businesses can only charge a capped 15% delivery fee from the restaurants. ...

Will Grubhub be sold to wonder in Q1 2025?

N etherlands-based Just Eat Takeaway announced today that it is selling Grubhub to Wonder in a deal valued at $650 million. The company said that it expects the deal to be completed by Q1 2025. “The sale of Grubhub to Wonder will increase the cash generation capabilities of Just Eat Takeaway.com and will accelerate our growth. ...

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. Advanced talks between the two companies were first reported by the Wall Street Journal on Tuesday. ...

Will Grubhub impact Just Eat?

The transaction is expected to be completed in the first quarter of 2025, and Just Eat said it would not impact its full-year guidance and that it retains no material liabilities associated with Grubhub. (Reporting by Michal Aleksandrowicz and Gianluca Lo Nostro in Gdansk; Editing by Muralikumar Anantharaman, Mrigank Dhaniwala and Milla Nissi) ...