Wonder to acquire Grubhub for $650M | ROI-NJ

Wonder To Acquire Grubhub For $650M | ROI-NJ

1 week from now

5 days ago  · Wonder Group said on Wednesday that it is buying Just Eat Takeaway.com’s U.S. business, Grubhub in a deal valued at $650 million. The deal is expected to be completed by Q1 2025. Wonder is owned by businessman Marc Lore, the former Walmart e-commerce CEO and part-owner of the Minnesota Timberwolves. Lore said that the company […]

roi-nj.com

Just Eat Takeaway Finally Offloads Grubhub, Sells To Wonder For …

1 week from now

5 days ago  · 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 ...

techcrunch.com

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

1 week from now

4 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, sending its shares soaring 20% in ...

cnn.com

Just Eat Is Selling Grubhub To Marc Lore’s Wonder For $650M

1 week from now

4 days ago  · It also plans to integrate Wonder locations into the Grubhub experience for third-party deliveries. According to The Wall Street Journal , Just Eat purchased Grubhub for more than $7 billion in 2021.

theverge.com

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

1 week from now

4 days ago  · Last year, Wonder purchased meal kit company Blue Apron for $103 million. Grubhub, headquartered in Chicago, operates in more than 4,000 U.S. cities — with over 375,000 merchants and 200,000 ...

usnews.com

Just Eat Takeaway Sells Grubhub For $650M, Just 3 Years ... - ABC …

1 week from now

4 days ago  · Just Eat Takeaway sells Grubhub for $650M, just 3 years after buying it for $7.3B ... Wonder will acquire Grubhub from Just Eat Takeaway.com for $150 million in cash and $500 million in senior notes.

go.com

Wonder To Acquire Grubhub From Just Eat Takeaway.com For $650M

1 week from now

5 days ago  · 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 $650M, including $500M ...

businessinsider.com

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

1 week from now

4 days ago  · 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 percent in ...

inc.com

Wonder Group To Buy Food Delivery Service Grubhub For $650 …

1 week from now

4 days ago  · Wonder Group has agreed to acquire Grubhub for $650 million from Just Eat Takeaway, which had struggled for more than a year to find a buyer. Why it matters: The deal price reflects a dramatic decline from Grubhub's $7.3 billion valuation in 2020, and is the latest transaction in a food delivery sector that continues to struggle post pandemic. Driving the …

axios.com

Wonder To Acquire Grubhub For $650M - NJBIZ

1 week from now

4 days ago  · Wonder to acquire Grubhub for $650M Kimberly Redmond // November 13, 2024 // Headquartered in Chicago, Grubhub’s platform features more than 375,000 merchants and 200,000 delivery partners ...

njbiz.com

Wonder To Acquire Grubhub For $650M

1 week from now

4 days ago  · Wonder restaurants will also be available on Grubhub. “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,” he said. Lore, the founder of Diapers.com and Jet.com, founded Wonder in 2018 with the goal of improving the food delivery experience.

restaurantbusinessonline.com

Wonder Buys Grubhub In $650 Million Food Delivery App Deal

1 week from now

5 days ago  · Nov. 13 (UPI) --The food delivery app Wonder announced on Wednesday it has bought Grubhub in a $650 million dollar combination debt and cash deal. Wonder will pay $150 million in cash and assume ...

upi.com

Wonder To Acquire Grubhub For $650M | Restaurant Dive

1 week from now

5 days ago  · Wonder to acquire Grubhub for $650M Just Eat Takeaway originally purchased Grubhub for $7 billion in 2020 and has been trying to sell the company since 2022. ... 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 ...

restaurantdive.com

Wonder Acquiring Grubhub For $650M - Fast Casual

1 week from now

4 days ago  · 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 million cash. Completion is expected during Q1 2025, subject to customary closing conditions including regulatory approvals. Founded by former Walmart CEO Marc Lore, Wonder also …

fastcasual.com

Wonder Snaps Up Grubhub For $650M As Owner Just Eat

1 week from now

4 days ago  · Foodtech specialist Wonder Group is acquiring delivery company Grubhub from Just Eat Takeaway for $650 million including debt—a disappointing outcome in a sector still reeling from a post-pandemic hangover.. The acquisition, spearheaded by Wonder CEO and former Walmart executive Marc Lore, clocked in at a steep discount to Grubhub’s last purchase price: …

pitchbook.com

Wonder Acquires Grubhub From Just Eat Takeaway For $650m

1 week from now

5 days ago  · Wonder’s acquisition of Grubhub supports its goal of becoming a “super app” for mealtime, combining its own selection of restaurants, meal kits and grocery items with Grubhub’s network of ...

foodbev.com

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

1 week from now

4 days ago  · 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.

morning-times.com

CoreWeave Closes $650 Million Secondary Sale | ROI-NJ

1 week from now

4 days ago  · CoreWeave, the Roseland-based AI cloud startup, announced that it has closed a $650 million minority investment led by investors Jane Street, Magnetar, Fidelity Management & Research Company and entities administered by Macquarie Capital. Additional participation has also come from Cisco Investments, Pure Storage, funds and accounts managed by …

roi-nj.com

Pou To Give Commencement Address For William Paterson On May …

1 week from now

May 1, 2024  · ROI-NJ. Sectors. Education. Vocational-Technical; Career Classroom; Finance; Health Care; ... She is the first legislator from New Jersey to preside over the more than 400-member organization, which was founded in 1989 as a nonpartisan nonprofit and spans 42 states as well as Puerto Rico. ... Wonder to acquire Grubhub for $650M. Food ...

roi-nj.com