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

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

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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 …

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

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1 day 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 U.S. platform just three years ago. Menu. …

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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

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1 day ago · Just Eat Takeaway Sells Grubhub for $650 Million. The sale comes three years after buying the app for $7.3 billion. Wyatte Grantham-Philips. Nov 14, 2024 ... Wonder will acquire …

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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 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: …

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Just Eat Takeaway Sells US Unit Grubhub For $650 Million - MSN

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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. The Amsterdam-listed …

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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 …

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FAQs about Just Eat Takeaway sells Grubhub 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. ...

Will Grubhub be sold to wonder?

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%. It had bought the business for $7.3 billion in 2020 when the pandemic drove up delivery firms' valuations. ...

Who is Grubhub's new owner?

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, Wonder will acquire Grubhub from Just Eat Takeaway.com for $150 million in cash and $500 million in senior notes. That's far less than than the pricetag on Grubhub's last sale. ...

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. ...

Why did Grubhub get a $7.3 billion deal in 2022?

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 billion deal amid a pandemic-driven boom in delivery services — a process that was hampered by slowing growth, high taxes and a question of fee caps in New York City. ...

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%. ...