Just Eat is selling Grubhub to Marc Lore’s Wonder for $650M

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 …

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

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2 days ago · Additionally, all Wonder locations will be available on Grubhub for third-party delivery. Wonder will acquire Grubhub from Just Eat Takeaway.com for an enterprise value of …

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

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10 hours ago · Wonder acquires GrubHub in $650M deal ... Wonder is poised to acquire Grubhub from Just Eat Takeaway.com for an enterprise value of $650 million, including $500 million of …

thepacker.com

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Wonder Group Buys Grubhub In $650M Deal | Wusa9.com

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1 day ago · 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 …

wusa9.com

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Wonder To Acquire Grubhub For $650M - NJBIZ

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1 day ago · Wonder, the food truck-turned-food-hall concept founded by billionaire entrepreneur Marc Lore, plans to acquire on-demand delivery platform Grubhub in a deal worth $650 …

njbiz.com

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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.

msn.com

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Wonder To Acquire Grubhub For $650M | ROI-NJ

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2 days ago · Wonder Group said on Wednesday that it is buying Just Eat Takeaway.com’s U.S. business, Grubhub in a deal valued at $650 million. The deal is expected to be completed by …

roi-nj.com

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

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6 hours ago · 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, …

ksl.com

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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

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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

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

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2 days ago · Wonder, a food delivery company, agreed to acquire Grubhub, a food ordering and delivery platform, from Just Eat Takeaway, a global online food delivery marketplace, for …

mergerlinks.com

FAQs about Just Eat is selling Grubhub to Marc Lore’s Wonder for $650M Coupon?

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. ...

Will Grubhub sell to wonder?

“The sale of Grubhub to Wonder will increase the cash generation capabilities of Just Eat Takeaway.com and will accelerate our growth,” Jitse Groen, Just Eat Takeaway’s CEO, said in a statement. The company said the sale would allow it to invest in countries where it has a competitive advantage and generate free cash flow. ...

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. ...

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. ...

Did just eat buy Grubhub?

According to The Wall Street Journal, Just Eat purchased Grubhub for more than $7 billion in 2021, and now Wonder will assume a debt of $500 million in its acquisition. Wonder has 28 locations in the Northeastern US, including New York City, and will open another seven by year-end. ...

What happened to Grubhub?

It also plans to integrate Wonder locations into the Grubhub experience for third-party deliveries. According to The Wall Street Journal, Just Eat purchased Grubhub for more than $7 billion in 2021, and now Wonder will assume a debt of $500 million in its acquisition. ...