Chicago-based Grubhub sold for $650 million to Wonder Group Inc.
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 commanded
Afternoon Briefing: Chicago-based Grubhub sold
Good afternoon, Chicago. Defense attorneys in the corruption trial of former House Speaker Michael Madigan attacked the credibility of a key prosecution witness today, questioning his motives for cooperating with the FBI and grilling him over attempts to hide money in a divorce and his recent attempted purchase of a gun to shoot rattlesnakes.
Chicago-based Grubhub sold for $650M to New York-based venture Wonder
The sale by Just Eat Takeaway.com reflects a steep decline in valuation amid competition for food delivery orders.
Chicago-based Grubhub sells for $650 million, just 3 years after selling for $7.3 billion
Wonder Group, a New York-based food ordering company that touts "fast fine" dining, is set to be Grubhub's new owner.
Just Eat Takeaway Sells Grubhub for $650 Million, Just 3 Years After Buying the App for $7.3 Billion
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,
Startup Wonder Buys Grubhub From Just Eat Takeaway for $650 Million
The European parent company of the popular food delivery app company had sought to leave the U.S. market since 2022.
Just Eat Takeaway sells Grubhub for $650M, just 3 years after buying it for $7.3B
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 far less than than the pricetag on Grubhub's last sale.
Wonder buys Grubhub in $650 million food delivery app deal
The food delivery app Wonder Wednesday announced it has bought Grubhub in a $650 million dollar combination debt and cash deal.
Just Eat Takeaway offloads US unit Grubhub for $650 million, shares jump
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 ago, ending a years-long search for a buyer and boosting its shares.
Grubhub just sold for a tenth of what it was worth during the pandemic
A startup called Wonder is now the new owner of Grubhub. The food delivery app announced its acceptance of the deal on its ...
Grubhub just sold for $650 million. Four years ago it was worth $7.3 billion
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 early ...
Crain's Chicago Business2d
Grubhub sold at steep discount from its peak during the pandemic
It expects net proceeds of as much as $50 million from the deal. Grubhub has about 750 employees in Chicago, where it ...
WVEC1d
Grubhub to be acquired by Wonder Group in $650 million deal
Last year, Wonder purchased meal kit company Blue Apron for $103 million. Grubhub, headquartered in Chicago, operates in ...
Yahoo Finance1d
Just Eat Takeaway.com to Sell Grubhub to Wonder for $650 Million Enterprise Value
While Wonder, a fledgling food delivery company, is well-known for its "Fast Fine" dining style, Grubhub is located in ...
Crain's Chicago Business2d
Outrage over delivery fees has waned, but lawsuit against Grubhub lives on
Mayors and CEOs come and go, but litigation lives on long after they’re gone. Grubhub co-founder Matt Maloney, who stepped down as CEO nearly three years ago, says he’s about to be deposed in a ...
The Business Journals2d
Grubhub selling to Wonder in $650 million deal
Four years after selling for $7.3 billion, Grubhub will be acquired for $650 million. New York City food-delivery startup Wonder announced Wednesday it is acquiring Grubhub for $650 million. The ...
Hoodline1d
Grubhub Acquired by New York's Wonder Group for $650 Million Amid Competitive Food Delivery Market
Grubhub is set to be acquired by Wonder Group for $650 million, with plans to integrate into Wonder's innovative food ...