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Wonder Group confirms deal for Grubhub
Wonder to acquire food delivery platform Grubhub
The acquisition is anticipated to close by Q1 2025, subject to regulatory approvals and customary closing conditions.
Wonder buys Grubhub in $650 million food delivery app deal
The food delivery app Wonder Wednesday announced it has bought Grubhub in a $650 million dollar combination debt and cash deal.
Food delivery M&A: Wonder Group confirms deal for Grubhub
Wonder Group confirmed on Wednesday that it is acquiring Grubhub from Just Eat Takeaway.com N.V. (OTCPK:JTKWY) for $650 million. Under terms of the deal, Wonder will pay Just Eat Takeaway.com $150 million in cash and $500 million in senior notes.
Chicago-based Grubhub sold
Company sells Grubhub for $650 million - 3 years after buying it for $7.3 billion
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 Group, a New York-based food ordering company that touts “fast fine” dining,
Chicago-based Grubhub sold for $650M to New York-based venture Wonder
The sale by Just Eat Takeaway.com reflects a steep decline in valuation amid competition for food delivery orders.
Chicago-based Grubhub sells for $650 million, just 3 years after selling for $7.3 billion
Wonder Group, a New York-based food ordering company that touts "fast fine" dining, is set to be Grubhub's new owner.
Ag Funder News
10h
The Week in AgriFoodTech: Grubhub sold in $650m deal, Elicit Plant bags $47m, gene-edited wine
Ag biotech company Elicit Plant raises $47b million, winemakers in Italy test gene-edited vines, and the EU delays ...
Crain's Chicago Business
1d
Outrage over delivery fees has waned, but lawsuit against Grubhub lives on
Mayors and CEOs come and go, but litigation lives on long after they’re gone. Grubhub co-founder Matt Maloney, who stepped down as CEO nearly three years ago, says he’s about to be deposed in a ...
1d
on MSN
Just Eat Takeaway finally offloads Grubhub, sells to Wonder for $650M
Netherlands-based food delivery company Just Eat Takeaway.com said on Wednesday that it is selling its U.S. business Grubhub ...
Yahoo
1d
Grubhub just sold for a tenth of what it was worth during the pandemic
A startup called Wonder is now the new owner of
Grubhub
. The
food delivery
app announced its acceptance of the deal on ...
1d
on MSN
Former Walmart Executive’s Startup Near Deal to Buy Grubhub
Wonder, a food-delivery startup led by former Walmart executive Marc Lore, is in advanced talks to buy Grubhub from Europe’s ...
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