What Grubhub’s $650M Sale Means for the Future of Food …

Nov 20, 2024  · Just Eat Takeaway is selling Grubhub to Wonder, a delivery-focused restaurant chain, for $650 million just four years after acquiring the U.S. food delivery app in a multibillion …


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What Grubhub’s $650M Sale Means For The Future Of Food …

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Nov 20, 2024  · Just Eat Takeaway is selling Grubhub to Wonder, a delivery-focused restaurant chain, for $650 million just four years after acquiring the U.S. food delivery app in a multibillion …

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Grubhub Sold At A 90% Loss: What Does It Mean For The Future?

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Dec 16, 2024  · Needless to say, the Grubhub sale signals an evolution in the future of food delivery services. Moving forward, we can expect more transparent pricing, consumers opting …

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The $650 Million Question: What Grubhub’s Sale To Wonder Tells …

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Dec 2, 2024  · • The deal’s valuation raises questions about the future profitability of food delivery platforms. Grubhub and the Giant Leap Towards Super Apps. Let’s talk about a seismic shift …

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

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Nov 13, 2024  · Grubhub’s enterprise value of $650 million includes $500 million of senior notes and $150 million cash, Wonder said in a statement. Wonder is a food-delivery startup led by …

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The Rise Of Super Apps: What Grubhub’s $650M Sale To Wonder …

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Nov 21, 2024  · Just Eat Takeaway is selling Grubhub to Wonder, a delivery-focused restaurant chain, for $650 million just four years after acquiring the U.S. food delivery app in a multibillion …

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Wonder Completes Acquisition Of Grubhub For $650M

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Jan 7, 2025  · Wonder has said that combining its delivery-focused food halls with Grubhub’s delivery and restaurant network is part of its vision to create a “super app” for meals. Select …

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Just Eat Takeaway Sells Grubhub To Wonder In $650M Deal

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Nov 13, 2024  · The Changing Dynamics of the Food Delivery Sector. The sale of Grubhub is part of a larger trend in the food delivery industry, which has experienced significant shifts in the …

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Grubhub Acquired By New York's Wonder Group For $650 Million …

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Nov 13, 2024  · In a notable shift of ownership within the food delivery market, Grubhub will soon be under the helm of the New York-based Wonder Group, following a $650 million sale …

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

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Nov 14, 2024  · "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," Marc Lore, founder and …

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Just Eat To Sell Grubhub For $650 Million - QSR Magazine

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Nov 13, 2024  · Just Eat Takeaway.com announced Wednesday that it will sell Grubhub to Wonder for $650 million, which is about $6.52 billion less than what it bought the company for …

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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 Acquiring Grubhub For $650M - Fast Casual

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Nov 13, 2024  · Wonder, a digital food hall offering multi-restaurant ordering, is acquiring Grubhub from Just Eat Takeaway.com for $650 million, including $500 million of senior notes and $150 …

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Wonder To Acquire Grubhub For $650M | Restaurant Dive

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Nov 13, 2024  · Dive Brief: Wonder, a company that operates delivery-focused food halls, will acquire Grubhub for $650 million from Just Eat Takeaway.com (JET), the companies said in a …

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Wonder Buying Grubhub In $650 Million Deal And Raises $250 …

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Nov 14, 2024  · Wonder - a food hall company that is creating a super app for meal time - announced that it is buying Grubhub. Grubhub is a leading food ordering and delivery …

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Grubhub To Be Sold To Wonder In $650 Million Deal - Yahoo Finance

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Nov 13, 2024  · Europe's largest meal delivery firm announced Wednesday that it will be selling its U.S.-based Grubhub to Wonder in a $650 million deal.

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Wonder Finalizes Acquisition Of Grubhub For $650 Million

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

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Grubhub’s $650 Million Sale Faces Scrutiny After Data Breach

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1 day ago  · The news: Food delivery app Grubhub reported a massive data breach that compromised the names, emails, addresses, phone numbers, and partial credit card numbers …

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FAQs about What Grubhub’s $650M Sale Means for the Future of Food … Coupon?

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. ...

Will wonder buy Grubhub for $650 million?

Wonder, a company that operates delivery-focused food halls, will acquire Grubhub for $650 million from Just Eat Takeaway.com (JET), the companies said in a press release emailed to Restaurant Dive. The transaction is expected to be completed during Q1 2025, subject to closing conditions and regulatory approval. ...

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 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. ...

How much is Grubhub worth?

Grubhub’s enterprise value of $650 million includes $500 million of senior notes and $150 million cash, Wonder said in a statement. Wonder is a food-delivery startup led by former Walmart executive Marc Lore. Advanced talks between the two companies were first reported by the Wall Street Journal on Tuesday. ...

Is Grubhub putting an end to 'Just Eat takeaway'?

“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. Grubhub’s enterprise value of $650 million includes $500 million of senior notes and $150 million cash, Wonder said in a statement. ...

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