Just Eat Takeaway sells Grubhub for $650M, just 3 years ... - KSL …

6 hours ago · NEW YORK — European food delivery giant Just Eat Takeaway is selling Grubhub for $650 million, a fraction of the billions it spent to buy the U.S. platform just three years ago. …

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

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6 hours ago · NEW YORK — European food delivery giant Just Eat Takeaway is selling Grubhub for $650 million, a fraction of the billions it spent to buy the U.S. platform just three years ago. …

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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. ... to Wonder for $650 million, sending its shares soaring more than 15%. ... Wonder is a food-delivery startup …

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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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Just Eat Takeaway Sells Grubhub For $650M, Just 3 Years After …

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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 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 Years After ...

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23 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 …

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Just Eat Takeaway Sells Grubhub For $650 Million

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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, …

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

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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 Group, a …

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

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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 $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 …

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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 Just Eat Takeaway sells Grubhub for $650M, just 3 years ... - KSL … 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. ...

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. ...

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. ...

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%. ...

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. ...