Wonder Announces Acquisition of Grubhub | Morningstar

2 days ago · NEW YORK and CHICAGO, Nov. 13, 2024 /PRNewswire/ -- Wonder, a new kind of food hall that is revolutionizing the food industry by creating the super app for mealtime, announced that it is acquiring ...

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Grubhub To Be Sold For A Fraction Of What Just Eat ... - Morningstar

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1 day ago · Wonder, which sells meals based on the cooking of top chefs, last year bought food kit maker Blue Apron for $103 million. "Wonder's acquisition of Grubhub continues our mission …

morningstar.com

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Grubhub To Be Sold For A Fraction Of What Just Eat ... - Morningstar

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1 day ago · Wonder meanwhile last year bought food kit maker Blue Apron for $103 million. "Wonder's acquisition of Grubhub continues our mission to make great food more accessible.

morningstar.com

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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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Grubhub Selling To Wonder In $650 Million Deal

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1 day ago · Four years after selling for $7.3 billion, Grubhub will be acquired for $650 million. New York City food-delivery startup Wonder announced Wednesday it is acquiring Grubhub for …

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Wonder Group To Buy Food Delivery Service Grubhub For $650 …

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1 day ago · Wonder Group has agreed to acquire Grubhub for $650 million from Just Eat Takeaway, which had struggled for more than a year to find a buyer. Why it matters: The deal …

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Wonder Buys Grubhub In $650 Million Food Delivery App Deal

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2 days ago · Nov. 13 (UPI) --The food delivery app Wonder announced on Wednesday it has bought Grubhub in a $650 million dollar combination debt and cash deal. Wonder will pay …

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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 …

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Grubhub To Be Sold To Wonder In $650 Million Deal - Yahoo Finance

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1 day ago · Europe's largest meal delivery firm announced Wednesday that it will be selling its U.S.-based Grubhub to Wonder in a $650 million deal. ... In the acquisition, Wonder has …

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Wonder To Acquire Grubhub For $650M

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1 day ago · Wonder also announced that it has raised an additional $250 million from new investors for growth. Chicago-based Grubhub is currently owned by Netherlands-based Just …

restaurantbusinessonline.com

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Wonder Group Buys Grubhub In $650M Deal | 9news.com

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15 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 …

9news.com

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Wonder Acquiring Grubhub For $650M | Fast Casual

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1 day ago · Wonder, a digital food hall offering multi-restaurant ordering, is acquiring Grubhub from Just Eat Takeaway.com for $650 million, including $500 million of senior notes and $150 …

fastcasual.com

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Grubhub To Be Sold To Marc Lore's Wonder Group For $650 Million …

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Wonder Group has agreed to buy Grubhub in a $650 million in a deal that will conclude Grubhub parent company Just Eat Takeaway.com's yearslong struggle to find a buyer. ... the …

msn.com

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Wonder Acquires GrubHub In $650M Deal - The Packer - Fruit And ...

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10 hours ago · Wonder announced its acquisition of GrubHub to facilitate restaurant, grocery and meal kit orders into one platform. Jill Dutton • November 14, 2024 10:16 AM

thepacker.com

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Wonder To Acquire Grubhub From Just Eat Takeaway.com For $650M

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2 days ago · Wonder will acquire Grubhub from Just Eat Takeaway.com for an enterprise value of $650M, including $500M of senior notes and $150M cash. Completion is expected during Q1 …

businessinsider.com

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Wonder To Acquire Food Delivery Platform Grubhub

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15 hours ago · Food delivery company Wonder has announced its plans to acquire GrubHub from Just Eat Takeaway.com for an enterprise value of $650m, which includes $500m in senior …

verdictfoodservice.com

FAQs about Wonder Announces Acquisition of Grubhub | Morningstar Coupon?

Did wonder Wednesday buy Grubhub?

The food delivery app Wonder Wednesday announced it has bought Grubhub in a $650 million dollar combination debt and cash deal. Wonder delivers food from chefs and restaurants in what it calls "Fast Fine" dining. Photo courtesy Grubhub ...

How much money does wonder pay Grubhub?

Wonder will pay $150 million in cash and assume $500 million in senior debt notes, money owed to Grubhub's debtors. "Wonder's acquisition of Grubhub continues our mission to make great food more accessible," Wonder founder and CEO Marc Lore said in a statement. ...

Does wonder have a Grubhub app?

In a press release, Lore says Wonder will soon offer a “super app for mealtime” that includes “a curated selection of Grubhub’s restaurant partners directly in the Wonder app,” as well as groceries and meal kits (Wonder also owns Blue Apron). It also plans to integrate Wonder locations into the Grubhub experience for third-party deliveries. ...

Will wonder take on Grubhub's debt?

Wonder, which started as a food delivery business in 2018 but has since pivoted to operating delivery-focused restaurants in New York and Philadelphia, will take on $500 million of Grubhub’s debt. ...

Is Just Eat takeaway selling Grubhub to wonder group?

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 deal valued at $650 million — a stark 91% less than the $7.3 billion Just Eat Takeaway paid for the company just four years ago. ...

Why did Grubhub join Wonder?

Grubhub CEO Howard Migdal said in a statement, "I am incredibly excited for Grubhub to join forces with Wonder and bring more value to our diners, merchants and delivery partners. Since our earliest days, Grubhub has helped restaurants open their doors to new customers, while introducing diners to new cuisines. ...