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

Nov 13, 2024  · 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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Nov 13, 2024  · 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 Takeaway Sells Grubhub For $650 Million | AP News

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Nov 13, 2024  · 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. ... The …

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

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Nov 14, 2024  · European food delivery giant Just Eat Takeaway.com is selling Grubhub for $650 million, a fraction of the billions it spent to buy the US platform just three years ago.. Wonder …

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Just Eat Takeaway Sells Grubhub For $650m - Morningbrew.com

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Nov 13, 2024  · 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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Just Eat Takeaway Sells Grubhub To Wonder In $650M Deal

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Nov 13, 2024  · Marc Lore, CEO of Wonder, expressed his enthusiasm for the acquisition: “We’re excited to soon offer a curated selection of Grubhub’s restaurant partners directly in the …

ceotodaymagazine.com

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Wonder Finalizes Acquisition Of Grubhub For $650 Million

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Jan 8, 2025  · With the acquisition, new Grubhub owner, Wonder — Marc Lore’s New York City-based hotshot startup — brings 375,000 new merchants into its fold, and Just Eat Takeaway …

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Just Eat Takeaway Offloads US Unit Grubhub For $650 Mln, Shares …

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Nov 13 (Reuters) - Europe's biggest meal delivery firm Just Eat Takeaway , opens new tab said on Wednesday it had agreed to sell its U.S. unit Grubhub to Wonder at a steep loss to the …

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Just Eat Takeaway Sells Grubhub For Just $650m - Business Live

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Nov 13, 2024  · Just Eat has agreed to sell its US business, Grubhub, to Wonder for $650m - an astonishing 94% discount on the $7bn it paid in 2021 ... and the wider Just Eat Takeaway.com …

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Just Eat Sells US Business Grubhub For 650m Dollars At Steep …

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Nov 13, 2024  · Just Eat has sold its US business Grubhub to the food delivery startup Wonder for 650 million dollars (£502.5 million), more than two years after it announced plans for a sale.

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

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Nov 13, 2024  · Foodtech specialist Wonder Group is acquiring delivery company Grubhub from Just Eat Takeaway for $650 million including debt—a disappointing outcome in a sector still …

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

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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 regulatory …

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

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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 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: …

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Just Eat Shares Surge After It Sells US Business Grubhub To Wonder …

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Nov 13, 2024  · Just Eat has offloaded its US arm Grubhub to the up-and-coming food delivery outfit Wonder for $650m (£502.5m), more than two years after it signalled intentions to sell.

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Just Eat Takeaway.com Sells Grubhub To Wonder | ESM Magazine

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Nov 13, 2024  · Just Eat Takeaway.com has announced it will sell its US unit Grubhub to Wonder for an enterprise value of $650 million (€612 million).. Grubhub will be transferred with its $500 …

esmmagazine.com

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Just Eat Is Selling Grubhub To Marc Lore's Wonder For $650M

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Nov 13, 2024  · Just Eat moved ~6bn dollars to grubhub’s prior owners a couple years ago, in exchange for shares of grubhub. This is the velocity we want. They sold it to someone else …

ycombinator.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. ...

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. ...

What happened to Just Eat Takeaway on Grubhub?

After looking for a buyer for more than two years, Just Eat Takeaway.com has finally closed the menu on Grubhub. On Tuesday, the Dutch food delivery giant said it completed the sale of the U.S. business to Wonder, the food startup founded and led by e-commerce veteran Marc Lore. ...

Who owns Grubhub?

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. ...

Why did Grubhub sell to wonder?

Just Eat's founder Jitse Groen said: "The sale of Grubhub to Wonder will increase the cash generation capabilities of Just Eat Takeaway.com and will accelerate our growth. This deal delivers the right home for Grubhub and its employees." ...

Did just eat sell Grubhub for $650M?

Just Eat Takeaway sells Grubhub for just $650m - after paying $7bn in 2021 Just Eat has agreed to sell its US business, Grubhub, to Wonder for $650m - an astonishing 94% discount on the $7bn it paid in 2021 We use your sign-up to provide content in ways you’ve consented to and improve our understanding of you. ...

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