Just Eat Takeaway sells US unit Grubhub for $650 million, shares

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 Sells US Unit Grubhub For $650 Million, Shares

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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 Sells Grubhub For $650 Million, Just 3 Years

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E uropean 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 Group, a …

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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 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 Sells Grubhub For $650 Million, Just 3 Years …

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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 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 $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 …

msn.com

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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 Takeaway Sells Grubhub For $650 Million, Just 3 Years

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Grubhub Sale© Charles Rex Arbogast. 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 …

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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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Just Eat Takeaway Sells Grubhub For $650 Mln, Shares Jump 20%

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2 days ago  · November 13, 2024 at 07:16 am EST. STORY: Just Eat Takeaway has made a deal to sell its U.S. unit Grubhub for $650 million. Europe's biggest meal delivery firm made the …

marketscreener.com

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Just Eat Takeaway Offloads US Unit Grubhub For $650 Million

1 week from now

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 had …

msn.com

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

1 week from now

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 …

streetinsider.com

15%
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Just Eat Takeaway Offloads US Unit Grubhub For $650 Million, …

1 week from now

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 …

srnnews.com

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Just Eat Takeaway Sells US Unit Grubhub For $650m

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3 days ago  · Europe's biggest meal delivery firm Just Eat Takeaway said on Wednesday it had struck a deal to sell its US unit Grubhub to Wonder for $650 million (€611 million ), sending its …

hospitalityireland.com

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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 …

msn.com

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Just Eat Takeaway Sells US Unit Grubhub For $650 Million

1 week from now

2 days ago  · (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 …

streetinsider.com

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Just Eat Takeaway Sells US Unit Grubhub For $650 Million

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2 days ago  · REUTERS/Andrew Kelly/File Photo. (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 …

investing.com

FAQs about Just Eat Takeaway sells US unit Grubhub for $650 million, shares Coupon?

Did just eat takeaway sell Grubhub?

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 Wonder for $650 million, sending its shares soaring 20% in early trading. ...

Will just eat buy Grubhub in 2025?

The transaction should get completed in 2025’s first quarter, Just Eat said in a statement on its website. It expects net proceeds of up to $50 million from the deal, which bears a total enterprise value of $650 million, it said. Just Eat has been publicly shopping Grubhub for some time. ...

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. ...

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. ...

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%. ...

Will Grubhub be sold to wonder?

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 had bought the business for $7.3 billion in 2020 when the pandemic drove up delivery firms' valuations. ...

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