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 Is Selling Grubhub To Marc Lore’s Wonder For $650M

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1 day ago  · Just Eat is selling off Grubhub to fancy food hall delivery startup Wonder in a deal worth $650 million. The transaction is expected to close in the first quarter of 2025, subject to …

theverge.com

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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 …

go.com

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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 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 …

usnews.com

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

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1 day ago  · 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 …

usatoday.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 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 …

morningbrew.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 …

nasdaq.com

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Just Eat Takeaway To Sell Grubhub For $650M To Wonder Group

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1 day ago  · Just Eat Takeaway.com (TKWY.AS, JTKWY) is selling Grubhub for $650 million to the Wonder Group. Just Eat originally bought Grubhub for $7.3 billion in 2020. Catalysts Seana …

yahoo.com

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

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5 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. …

ksl.com

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Just Eat Sells Grubhub For Just $650m After US Sales Slump - MSN

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Just Eat has agreed the sale of Grubhub at an eye-watering discount to the $7.3billion it paid for the struggling US food delivery business just three years ago. The group, which bought …

msn.com

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

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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

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

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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.. Wonder …

independent.co.uk

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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 Takeaway Sells Grubhub To Wonder Group For $650m

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1 day ago  · One of Europe’s largest food delivery companies, Just Eat Takeaway, has sold its US arm Grubhub to the New York-based Wonder Group for $650m, just four years after …

siliconrepublic.com

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

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10 hours ago  · Just Eat Takeaway Sells Grubhub to Wonder at a Great Loss In exchange for Wonder Group’s acquisition of Grubhub, the company is expected to pay $150 million in cash …

industryleadersmagazine.com

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Amsterdam’s Just Eat Takeaway Sells Grubhub To Wonder For $650M

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1 day ago  · Amsterdam’s online food delivery marketplace Just Eat Takeaway.com has announced the sale of its US-based subsidiary, Grubhub, to Wonder Group for an enterprise …

siliconcanals.com

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

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2 days ago  · Just Eat Takeaway Sells Grubhub to Wonder for $650 Million: A Strategic Shift in the Food Delivery Industry In a landmark move that has sent ripples through the food delivery …

ceotodaymagazine.com

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Just Eat Sells Grubhub For Just $650m After US Sales Slump

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1 day ago  · Just Eat sells Grubhub for just $650m after US sales slump. Group says value reflects changes to New York City's delivery fee cap rules By MIKE SHEEN. Updated: 03:52 EST, 13 …

thisismoney.co.uk

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Just Eat To Sell Grubhub To Wonder Group For $650m

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1 day ago  · Just Eat Takeaway said on Wednesday that it has agreed to sell US business Grubhub to Wonder Group for $650m. Software & Computer Services 2,454.32

sharecast.com

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

Did just eat buy Grubhub for $650 million?

Just Eat Takeaway.com (TKWY.AS, JTKWY) is selling Grubhub for $650 million to the Wonder Group. Just Eat originally bought Grubhub for $7.3 billion in 2020. Catalysts Seana Smith and Madison Mills report more on this deal in the video above. Just Eat Takeaway's stock is rising by over 16% on this news Wednesday morning. ...

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. ...

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. ...

What is wonder & just eat?

Wonder is a food-delivery startup led by former Walmart executive Marc Lore. Just Eat said it expected to get net proceeds of up to $50 million from the deal, which would support investments in countries where it has the greatest competitive advantage. Its strongest markets include Britain, Ireland and Northern Europe. ...

Did Uber buy Grubhub?

Just Eat Takeaway company acquired Grubhub in 2020 through a $7.3 billion deal. At that time, Uber also reportedly pursued the acquisition of Grubhub. The company has been trying to sell Grubhub for a while now. Last year, its CEO Said that Grubhub’s sale is proving to be “Very Difficult”. ...

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