Just Eat Takeaway sells Grubhub for $650 million, just 3 years after ...

Nov 14, 2024  · The deal is far less than when Just Eat bought Grubhub for $7.3 billion in a sale finalized in 2021. Helayne Seidman. The New York startup was once known for its fleet of …


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

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Nov 14, 2024  · The deal is far less than when Just Eat bought Grubhub for $7.3 billion in a sale finalized in 2021. Helayne Seidman. The New York startup was once known for its fleet of …

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Startup Wonder Buys Grubhub From Just Eat Takeaway For $650 …

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Nov 13, 2024  · 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 …

inc.com

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Just Eat Takeaway Sells Grubhub For $650 Million | AP News

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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. ... is set …

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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, …

cnn.com

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Just Eat Takeaway Completes Grubhub Sale To Wonder For A …

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Jan 7, 2025  · The deal has an enterprise value of $650 million, but Grubhub is coming laden with $500 million of debt. ... a small fraction of the $7.3 billion valuation that Grubhub had when …

techcrunch.com

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

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Nov 14, 2024  · Under terms of the deal, announced Wednesday, Wonder will acquire Grubhub from Just Eat Takeaway.com for $150 million in cash and $500 million in senior notes. That’s …

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

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Nov 13, 2024  · Under terms of the deal, announced Wednesday, Wonder will acquire Grubhub from Just Eat Takeaway.com for $150 million in cash and $500 million in senior notes. That's …

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Just Eat Takeaway Sells Grubhub To Wonder For $650 Million

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Nov 13, 2024  · Just Eat Takeaway sells Grubhub to Wonder for $650 million, signaling a shift in the food delivery sector. ... announced the sale of its U.S. subsidiary Grubhub to Wonder …

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Wonder Group To Acquire Grubhub In $650 Million Deal

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Nov 14, 2024  · Wonder Group, a delivery-focused food hall operator, has agreed to acquire Grubhub from Just Eat Takeaway.com for $650 million. The deal, comprising $150 million in …

eresearch.com

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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. …

nrn.com

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

3 weeks from now

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 …

independent.co.uk

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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. Just Eat Takeaway.com originally …

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

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Nov 14, 2024  · 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 …

yahoo.com

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Wonder Acquires Grubhub From Just Eat Takeaway For $650m

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Nov 13, 2024  · Wonder, a US food delivery platform, has announced the acquisition of Grubhub from Just Eat Takeaway for $650 million. top of page The latest news, trends, analysis, …

foodbev.com

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Wonder Buys GrubHub At Stunning Discount | IBTimes

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Nov 13, 2024  · 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 …

ibtimes.com

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Grubhub Just Sold For A Tenth Of What It Was Worth During

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Nov 13, 2024  · The food delivery app announced its acceptance of the deal on its website earlier today. Wonder acquired Grubhub from the Dutch food company Just Eat Takeaway for $650 …

engadget.com

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Wonder Acquires Grubhub In A $650 Million Deal, While Just Eat …

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Nov 15, 2024  · Understanding the Impact of Wonder’s Acquisition of Grubhub Overview The recent acquisition of Grubhub by Wonder has caused quite a stir in the business world. …

nextround.ai

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Grubhub Confirms Data Breach Affecting Customers And Drivers

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1 day ago  · New York-based Wonder Group acquired the company last fall in a deal valued at $650 million — a fraction of the $7.3 billion Just Eat Takeaway paid for it back in 2020.

techcrunch.com

FAQs about Just Eat Takeaway sells Grubhub for $650 million, just 3 years after ... 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. ...

Does wonder have Grubhub?

Additionally, all Wonder locations will be available on Grubhub for third-party delivery. Wonder will acquire Grubhub from Just Eat Takeaway.com for an enterprise value of $650 million, including $500 million of senior notes and $150 million cash. ...

Who owns Grubhub & Wonder?

Wonder, founded by Lore, bills itself as a “new kind of food hall” and delivers made-to-order meals from well-known chefs and restaurants. The deal is far less than when Just Eat bought Grubhub for $7.3 billion in a sale finalized in 2021. Helayne Seidman ...

Who is Grubhub's new owner?

Wonder Group, a New York-based food ordering company that touts “fast fine” dining, is set to be Grubhub’s new owner. Under terms of the deal, announced Wednesday, Wonder will acquire Grubhub from Just Eat Takeaway.com for $150 million in cash and $500 million in senior notes. Just Eat Takeaway.com is selling Grubhub for $650 million. ...

How much money does wonder pay Grubhub?

Food delivery services sue NYC over minimum pay rates for app-based workers In the acquisition, Wonder has agreed to pay $150 million in cash and will take on $500 million in Grubhub debt. The transaction is expected to be completed during the first quarter of 2025. ...

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. ...

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