Just Eat Sells Grubhub at 90% Discount to Pandemic Peak

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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Just Eat Sells Grubhub At 90% Discount To Pandemic Peak

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

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1 day ago · 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 …

theverge.com

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Wonder Announces Acquisition Of Grubhub | Morningstar

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

morningstar.com

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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 …

axios.com

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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 …

upi.com

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Wonder Announces Acquisition Of Grubhub - PR Newswire

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1 day ago · Wonder will acquire Grubhub from Just Eat Takeaway.com for an enterprise value of $650 million, including $500 million of senior notes and $150 million cash. Completion is …

prnewswire.com

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Wonder Snaps Up Grubhub For $650M As Owner Just Eat

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1 day ago · Foodtech specialist Wonder Group is acquiring delivery company Grubhub from Just Eat for $650 million including debt—a disappointing outcome in a sector still reeling from a …

pitchbook.com

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Wonder Acquires Grubhub For $650 Million | Food On Demand

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2 days ago · Lore’s goal is to create a “super app” that offers everything from prepared meals to groceries and meal kits—all in one place. In a statement, Lore emphasized that the app would …

foodondemand.com

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Grubhub Acquired By Wonder | Produce News

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1 day ago · Wonder is acquiring Grubhub for $650 million, including $500 million of senior notes and $150 million cash. Completion is expected during Q1 2025, subject to customary closing …

theproducenews.com

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Wonder To Acquire Food Delivery Platform Grubhub

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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 …

verdictfoodservice.com

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Wonder Buys GrubHub At Stunning Discount | IBTimes

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1 day ago · Just Eat Takeaway agreed to sell Grubhub to Wonder Group for $650 million, a huge loss after paying $7.3 billion to acquire it in 2020. The deal, which is expected to close in the …

ibtimes.com

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Wonder Announces Acquisition Of Grubhub - Perishable News

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2 days ago · Wonder will acquire Grubhub from Just Eat Takeaway.com for an enterprise value of $650 million, including $500 million of senior notes and $150 million cash. ... Wonder offers …

perishablenews.com

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Wonder Group Raises $700M To Continue To Grow ' ... - ROI-NJ

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March 21, 2024. Wonder's Midland Park, New Jersey location. - Wonder. Marc Lore, a former Walmart executive who founded such brands as diaper.com and jet.com, said in a LinkedIn …

roi-nj.com

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Wonder Raises $700M, Plans Nearly 100 Locations By 2025

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Mar 21, 2024 · After snagging $700 million in funding, Wonder, the food truck-turned-food hall concept founded by billionaire entrepreneur Marc Lore, is gearing up to launch nearly 100 locations across the ...

njbiz.com

FAQs about Just Eat Sells Grubhub at 90% Discount to Pandemic Peak 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. ...

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 ...

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. ...

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. ...

Will Grubhub be a'super app' for food delivery?

Wonder, which operates delivery-focused restaurants, plans to integrate Grubhub 's restaurant partners into its app. Its end goal is to create a "super app" for food delivery the company's, CEO Marc Lore told TechCrunch. ...

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. ...