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

Nov 13, 2024 · 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%

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

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Nov 13, 2024 · 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%

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

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Nov 13, 2024 · 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 …

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Just Eat Takeaway Sells Grubhub For $650 Million As Shares Jump

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Nov 13, 2024 · Europe's biggest meal delivery firm Just Eat Takeaway said on Wednesday it had agreed to sell its U.S. unit Grubhub to Wonder at a steep loss to the billions it paid a few years …

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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 Offloads US Unit Grubhub For $650 Million, …

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Nov 13, 2024 · Europe's biggest meal delivery firm Just Eat Takeaway said on Wednesday it had agreed to sell its U.S. unit Grubhub to Wonder at a steep loss to the billions it paid a few years …

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

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Nov 13, 2024 · Europe's biggest meal delivery firm Just Eat Takeaway said on Wednesday it had agreed to sell its U.S. unit Grubhub to Wonder at a steep loss to the billions it paid a few years …

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

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Nov 13, 2024 · That's far less than than the price tag on Grubhub's last sale. Back in 2020, during the early days of the COVID-19 pandemic and a surge in demand for takeout meals, Just Eat …

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

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Nov 14, 2024 · European food delivery giant Just Eat Takeaway. NEW YORK — European food delivery giant Just Eat Takeaway.com is selling Grubhub for $650 million, a fraction of the …

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

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Nov 14, 2024 · The deal values $650 million and comprises Grubhub's $500 million in senior notes. After standard adjustments, net proceeds are expected to reach up to $50 million.

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

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Nov 13, 2024 · 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 …

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Wonder Finalizes Acquisition Of Grubhub For $650 Million

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Jan 8, 2025 · Virtual food hall company Wonder has completed the acquisition of Grubhub from parent company Just Eat Takeaway for $650 million, as initially announced in November. …

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

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Nov 13, 2024 · 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%.

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

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Just Eat Takeaway offloads US unit Grubhub for $650 million, shares jump. ... REUTERS • November 13, 2024 (Reuters) - Europe's biggest meal delivery firm Just Eat Takeaway said …

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

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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. Wonder …

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

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Nov 13, 2024 · 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 …

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

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Nov 13, 2024 · Europe's biggest meal delivery firm Just Eat Takeaway EURONEXT:TKWY 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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FAQs about Just Eat Takeaway offloads US unit Grubhub for $650 mln, shares … Coupon?

Did just eat takeaway sell Grubhub?

(Reuters) - Europe's biggest meal delivery firm Just Eat Takeaway said on Wednesday it struck a deal to sell its U.S. unit Grubhub to Wonder for $650 million. (Reporting by Michal Aleksandrowicz; Editing by Muralikumar Anantharaman) ...

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. ...

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. ...

Is Grubhub winning the food delivery War?

As of March 2024, numbers from data analytics firm Bloomberg Second Measure showed that Grubhub made up only 8% of meal delivery consumer spending in the U.S. — far less than DoorDash or Uber Eats. DoorDash is currently winning the “food delivery war,” per Second Measure, making up 67% of these sales, followed by Uber Eats' 23%. ...