Just Eat Takeaway offloads US unit Grubhub for $650 mln, shares …

2 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 …

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

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2 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 …

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

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

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2 days ago · 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 | AP News

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2 days ago · 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 …

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

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3 days ago · NEW YORK -- 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 …

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Just Eat Takeaway Finally Offloads Grubhub, Sells To Wonder For

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2 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 …

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Just Eat Takeaway.com To Sell Grubhub To Wonder For $650 Million ...

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2 days ago · Just Eat Takeaway.com (JTKWY, Financials), listed on the London Stock Exchange and Euronext Amsterdam under JET and TKWY, has agreed to sell its U.S. food delivery …

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Just Eat Takeaway Sells Grubhub At Steep Loss

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2 days ago · Just Eat Takeaway has struck a deal to sell Grubhub for an enterprise value of $650mn, years after buying the US business for billions of dollars at the height of the …

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Just Eat Takeaway Sells US Unit Grubhub For $650 Million - U.S.

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3 days ago · FILE PHOTO: A Grubhub delivery bag is seen on a bicycle in Brooklyn, New York City, U.S., May 9, 2022. REUTERS/Andrew Kelly/File Photo. (Reuters) - Europe's biggest …

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Just Eat Takeaway Sells US Unit Grubhub For $650m - RTÉ

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3 days ago · Europe's biggest meal delivery firm Just Eat Takeaway has struck a deal to sell its US unit Grubhub to Wonder for $650m, sending its shares soaring 20%. The Amsterdam …

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US Startup Buys Just Eat Takeaway’s Grubhub For $650 Million

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2 days 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 Takeaway Sells US Unit Grubhub For $650 Million, Shares

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(Reuters) -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 …

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Just Eat Takeaway Sells Grubhub For $650 Million In Major Loss …

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2 days ago · Just Eat Takeaway has agreed to sell its U.S.-based meal delivery unit, Grubhub, to food delivery startup Wonder for $650 million, marking a steep loss for the European company …

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

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2 days ago · By Michal Aleksandrowicz and Gianluca Lo Nostro. (Reuters) -Europe's biggest meal delivery firm Just Eat Takeaway said on Wednesday it had struck a deal to sell its U.S. unit …

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

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2 days ago · Your support makes all the difference. 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 …

independent.co.uk

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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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Once Worth $7.3 Billion, Grubhub Sells For Just $650 Million

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1 day ago · An anonymous reader quotes a report from CNN: 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 …

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Just Eat Takeaway Sells US Unit Grubhub For $650 Million - MSN

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By Michal Aleksandrowicz and Gianluca Lo Nostro. (Reuters) -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 …

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

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3 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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FAQs about Just Eat Takeaway offloads US unit Grubhub for $650 mln, shares … Coupon?

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. ...

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. ...

Are GrubHub and takeaway the same company?

Takeaway.com, which merged with Just Eat in 2020, and Grubhub were both founded in the early 2000s — making them some of the earliest entries in the sector. But competition rapidly increased as now-popular platforms like Uber Eats and DoorDash also joined the game. And customers jumping between apps can make it difficult to keep sales stable. ...

How many orders did Grubhub handle in 2023?

Grubhub handled 237 million orders in 2023, attaining gross transaction value of 8.06 billion and adjusted EBITDA of 94 million with negative 77 million free cash flow. While Wonder, a fledgling food delivery company, is well-known for its "Fast Fine" dining style, Grubhub is located in Chicago, Illinois. ...

Will Just Eat's Grubhub transaction impact its full-year guidance?

The transaction is expected to be completed in the first quarter of 2025, and Just Eat said it would not impact its full-year guidance and that it retains no material liabilities associated with Grubhub. ...

Is Just Eat takeaway putting an end to its disastrous US journey?

"Just Eat Takeaway is at last putting an end to its disastrous U.S. journey," Bryan Garnier analyst Clement Genelot said, noting the group had destroyed more than $7 billion in shareholder value there. ...