Wonder Announces Acquisition of Grubhub - Yahoo Finance

1 day ago · 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 Grubhub, a leading food ordering …

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Wonder To Acquire Food Delivery Platform Grubhub - Yahoo Finance

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14 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 …

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Wonder Buys Grubhub In $650 Million Food Delivery App Deal

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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 …

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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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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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Grubhub To Be Sold To Wonder In $650 Million Deal - MSN

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In the acquisition, Wonder has agreed to pay $150 million in cash and will take on $500 million in Grubhub debt. The transaction is expected to be completed during the first quarter of 2025.

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Wonder Acquires Grubhub For $650 Million | Food On Demand

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2 days ago · Wonder, the food hall and delivery startup founded by Marc Lore acquired Grubhub for $650 million. The deal, expected to close in the first quarter of 2025, includes $500 million …

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Just Eat Shares Spike After It Announces Grubhub Sale - Yahoo …

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2 days ago · Just Eat sold Grubhub to Wonder for ($650m) £510m. Delivery platform Just Eat has agreed to sell its American arm, Grubhub, to the US takeaway startup Wonder.. Shares in Just …

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Wonder To Acquire Grubhub For $650M - Yahoo Finance

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2 days 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 …

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

2 weeks from now

1 day ago · In the acquisition, Wonder has agreed to pay $150 million in cash and will take on $500 million in Grubhub debt. The transaction is expected to be completed during the first …

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Startup Led By Ex-Walmart Executive Nears Deal To Buy ... - Yahoo …

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2 days ago · The European company had acquired Grubhub in 2020 in an all-stock deal for $7.8 billion, creating the world's largest food delivery company outside China at the time. A deal for …

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FAQs about Wonder Announces Acquisition of Grubhub - Yahoo Finance Coupon?

Did wonder buy Grubhub?

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 $150 million in cash and assume $500 million in senior debt notes, money owed to Grubhub's debtors. ...

Who bought Grubhub?

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 price tag it commanded during the early days of the Covid pandemic. ...

What is Grubhub & Wonder?

“Bringing Wonder and Grubhub together is the next step in our vision to create the super app for meal time, re-envisioning the future of food delivery.” Wonder is food delivery service that allows users to order from multiple restaurants and chefs at once. ...

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. ...

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. ...