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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 website earlier today. Wonder acquired Grubhub from the Dutch food company Just Eat Takeaway for $650 million.
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 trading.
Chicago-based Grubhub sold for $650 million to 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
Crain's Chicago Business
1d
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 ...
2d
on MSN
Just Eat Takeaway sells US unit Grubhub for $650 million
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 ...
1d
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.
2d
on MSN
Just Eat sells Grubhub for just $650m after US sales slump
Just Eat has agreed the sale of Grubhub at an eye watering discount to the $7.3billion it paid for the struggling US food ...
21h
Grubhub to be acquired by Wonder Group in $650 million deal
Just Eat Takeaway is selling Grubhub for a fraction of the billions it spent to buy the U.S. platform just three years ago.
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