Grubhub to be sold to Wonder in $650 million deal | KGET 17

Nov 13, 2024  · 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.


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Grubhub To Be Sold To Wonder In $650 Million Deal | KGET 17

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Nov 13, 2024  · 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.

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Just Eat Takeaway Sells Grubhub For $650 Million, Just 3 ... - KGET 17

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Nov 13, 2024  · NEW YORK (AP) — 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 …

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

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Nov 13, 2024  · 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. Just Eat Takeaway.com originally …

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Grubhub Just Sold For $650 Million. Four Years Ago It Was Worth …

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Nov 13, 2024  · Europe’s biggest meal delivery firm Just Eat Takeaway TKWY.AS said on Wednesday it had struck a deal to sell its U.S. unit Grubhub to Wonder for $650 million, …

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Startup Wonder Buys Grubhub From Just Eat Takeaway For $650 …

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Nov 13, 2024  · Europe’s biggest meal delivery firm Just Eat Takeaway said on Wednesday it had struck a deal to sell its U.S. unit Grubhub to Wonder for $650 million, sending its shares …

inc.com

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Wonder Acquires Grubhub For $650 Million | Food On Demand

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Nov 13, 2024  · 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 …

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Grubhub To Be Sold To Wonder In $650 Million Deal

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Nov 13, 2024  · 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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Wonder Group Buys Grubhub In $650M Deal - Kgw.com

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Nov 13, 2024  · Grubhub to be acquired by Wonder Group in $650 million deal Just Eat Takeaway is selling Grubhub for a fraction of the billions it spent to buy the U.S. platform just three years …

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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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Just Eat Takeaway Sells Grubhub For $650 Million, Just 3 Years …

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Nov 13, 2024  · 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, …

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Wonder To Acquire Grubhub For $650M - Yahoo Finance

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Nov 13, 2024  · Wonder, a company that operates delivery-focused food halls, will acquire Grubhub for $650 million from Just Eat Takeaway.com (JET), the companies said in a press …

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Wonder Buys Grubhub In $650 Million Food Delivery App Deal

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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 …

upi.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. Why it matters: …

msn.com

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

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Nov 13, 2024  · It’s quite a deal for Wonder — specifically, a 90% discount — as Just Eat bought Grubhub for $7.3 billion in 2021. Part of the purchase includes Wonder paying $150 million in …

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Grubhub Acquired By New York's Wonder Group For $650 Million …

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Nov 13, 2024  · In a notable shift of ownership within the food delivery market, Grubhub will soon be under the helm of the New York-based Wonder Group, following a $650 million sale …

hoodline.com

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Just Eat Takeaway.com To Sell Grubhub To Wonder Group In $650 …

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Nov 13, 2024  · Just Eat Takeaway.com To Sell Grubhub To Wonder Group In $650 Mln Deal . RTTNews. Nov. 13, 2024, 03:04 AM ... In 2023, Grubhub generated 237 million orders and …

businessinsider.com

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Wonder Buys GrubHub At Stunning Discount | IBTimes

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Nov 13, 2024  · 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 …

ibtimes.com

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What Grubhub’s $650M Sale Means For The Future Of Food …

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Nov 20, 2024  · Just Eat Takeaway is selling Grubhub to Wonder, a delivery-focused restaurant chain, for $650 million just four years after acquiring the U.S. food delivery app in a multibillion …

success.com

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Wonder Finalizes Acquisition Of Grubhub For $650 Million

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Jan 8, 2025  · Related: Wonder to acquire Grubhub. Wonder has become a delivery wunderkind over the past few years, as it has raised $1.25 billion in capital from investors since its …

nrn.com

FAQs about Grubhub to be sold to Wonder in $650 million deal | KGET 17 Coupon?

Will Grubhub sell to wonder?

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. ...

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 just eat takeaway buy Grubhub for $650 million?

FILE - The Grubhub app is seen on an iPhone in Chicago, Feb. 20, 2018. (AP Photo/Charles Rex Arbogast, File) NEW YORK (AP) — 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. ...

Who owns Grubhub?

(AP Photo/Charles Rex Arbogast, File) NEW YORK (AP) — 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, is set to be Grubhub's new owner. ...

How much is Grubhub worth?

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 expected during Q1 2025, subject to customary closing conditions including regulatory approvals. Jefferies served as Wonder’s exclusive financial advisor on the transaction. ...

How much money will Grubhub make from Just Eat?

In the deal, Grubhub, a Chicago, Illinois-based online food delivery company, will be transferred with its $500 million of senior notes. After customary adjustments, net proceeds to Just Eat are expected to be up to $50 million. ...

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