Just Eat Sells Grubhub at 90% Discount to Pandemic Peak - Yahoo …

4 days ago  · TKWY.AS. AMZN. (Bloomberg) -- Wonder Group Inc. is buying Grubhub from Just Eat Takeaway.com NV for about $650 million, acquiring the restaurant delivery service at a …


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Just Eat Sells Grubhub At 90% Discount To Pandemic Peak - Yahoo …

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4 days ago  · TKWY.AS. AMZN. (Bloomberg) -- Wonder Group Inc. is buying Grubhub from Just Eat Takeaway.com NV for about $650 million, acquiring the restaurant delivery service at a …

yahoo.com

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Just Eat Offloads Grubhub At A Huge 90% Discount

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4 days ago  · Wonder will pay $142 million in cash and take on $500 million in Grubhub debt, Just Eat, the online food delivery giant, has agreed to sell Grubhub at a 90 per cent discount on the …

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Just Eat Sells Grubhub At 90% Discount To Pandemic Peak - MSN

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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 price tag it …

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Just Eat Takeaway Finally Offloads Grubhub, Sells To Wonder For

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4 days ago  · (Bloomberg) -- 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 …

yahoo.com

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Just Eat Sells US Delivery Business Grubhub At Steep Discount

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4 days ago  · Just Eat Takeaway.com is to sell its US food delivery platform Grubhub to Wonder Group for $650m (£510m), little more than three years after acquiring the business for $7.3bn …

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Just Eat Sells Grubhub At 90% Discount - News

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3 days ago  · Just Eat Takeaway has agreed to sell Grubhub for an enterprise value of $650m (£510m), which is less than a tenth of the price it paid to acquire the brand in 2021. ... Just Eat …

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

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4 days ago  · Companies. Grubhub sold for $650 mln vs $7.3 bln Just Eat paid for it. It has been looking to sell the unit since 2022. Shares soar more than 15%. Nov 13 (Reuters) - Europe's …

reuters.com

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

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4 days ago  · The Amsterdam-listed company said it would sell Grubhub, which it has been looking to offload since 2022, to Wonder for $650 million, sending its shares soaring more than 15%. It …

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

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4 days ago  · The price tag represents a roughly 6.65 billion dollar (£5.22 billion) discount, after Just Eat bought Grubhub for 7.3 billion dollars (£5.73 billion) in 2020, during the pandemic …

independent.co.uk

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

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4 days ago  · 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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Just Eat Takes A Hit On Grubhub Sale - LinkedIn

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4 days ago  · That's a huge 90% discount to the $7.3 billion Just Eat paid for Grubhub back in the pandemic-fueled food delivery boom of 2021. ... After struggling to sell Grubhub since 2022, …

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Just Eat Sells Grubhub For Just $650m After US Sales Slump

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4 days ago  · Just Eat has agreed the sale of Grubhub at an eye-watering discount to the $7.3billion it paid for the struggling US food delivery business just three years ago. The group, …

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Wonder Buys GrubHub At Stunning Discount | IBTimes

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3 days 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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Just Eat Sells Grubhub At 90% Discount To Pandemic Peak

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4 days ago  · Phil Noble/Reuters. Wonder Group Inc. is buying Grubhub from Just Eat Takeaway.com NV for about $650 million, acquiring the restaurant delivery service at a steep …

unionleader.com

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Food Delivery Giant Just Eat Offloads Grubhub To Marc Lore’s …

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3 days ago  · Just Eat reported a €301 million ($317 million) net loss in the first half of this year, up from €258 million ($272 million) in the same period last year. But it said adjusted EBITDA in …

thedailyupside.com

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Grubhub Gets Snatched Up By Wonder At A 90% Discount

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4 days ago  · Sometimes, the best deals come at a discount, and Wonder has seized one. After an exhaustive two-year search for a new owner, Just Eat Takeaway confirmed the sale of …

readthejoe.com

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Just Eat Finally Offloads Grubhub For £5bn Discount

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3 days ago  · PressReader. Catalog; For You; The Daily Telegraph. Just Eat finally offloads Grubhub for £5bn discount 2024-11-14 - By Daily Telegraph Reporter . EUROPE’S biggest …

pressreader.com

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

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4 days ago  · Nov 13, 2024, 6:54 AM PST. Image: Cath Virginia / The Verge. Just Eat is selling off Grubhub to fancy food hall delivery startup Wonder in a deal worth $650 million. The …

theverge.com

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Just Eat Takeaway Sells Grubhub For 650 Million Amid Huge Loss

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3 days ago  · Just Eat Takeaway, the European food delivery giant, has recently announced its decision to sell Grubhub, its U.S. subsidiary, for $650 million to Wonder Group. This sale …

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FAQs about Just Eat Sells Grubhub at 90% Discount to Pandemic Peak - Yahoo … Coupon?

Did just eat takeaway sell Grubhub to wonder group?

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 first quarter of 2025, includes $500 million of Grubhub's debt, Grubhub announced. Just Eat Takeaway will pocket $50 million. ...

Who bought Grubhub?

(Bloomberg) -- 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 price tag it commanded during the early days of the Covid pandemic. Most Read from Bloomberg ...

Is Grubhub destroying 'Just Eat takeaway'?

"Just Eat Takeaway is at last putting an end to its disastrous US journey," Bryan Garnier analyst Clement Genelot said, noting the group had destroyed more than $7 billion in shareholder value there. Grubhub's enterprise value of $650 million includes $500 million of senior notes and $150 million cash, Wonder said in a statement. ...

Will Grubhub buy Just Eat takeaway?

The deal, which is expected to close in the first quarter of 2025, includes $500 million of Grubhub's debt, Grubhub announced. Just Eat Takeaway will pocket $50 million. Just Eat Takeaway aims to focus on profitability and use the proceeds to invest in markets so it "can accelerate growth" Jitse Groen, the chief executive officer, said. ...

How much does Grubhub cost?

The price tag represents a roughly 6.65 billion dollar (£5.22 billion) discount, after Just Eat bought Grubhub for 7.3 billion dollars (£5.73 billion) in 2020, during the pandemic-fuelled boom in delivery firms. ...

Is Grubhub the future of food delivery?

“Bringing Wonder and Grubhub together is the next step in our vision to create the super app for meal time, re-envisioning the future of food delivery.” Just Eat had been trying to sell its struggling US unit since 2022, after buying it for 7.3 billion dollars during the pandemic. ...

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