Wonder Announces Acquisition of Grubhub
1 day ago · November 13, 2024. NEW YORK and CHICAGO, Nov. 13, 2024 — Wonder, a new kind of food hall that is revolutionizing the food industry by creating the super app for mealtime, announced that it is acquiring Grubhub, a leading food ordering and delivery platform with more than 375,000 merchants and 200,000 delivery partners across the United States.
Chicago-based Grubhub sells for $650 million, just 3 years ... - CBS News
1 day 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 ...
Just Eat Takeaway.com to Sell Grubhub to Wonder for $650 …
1 day ago · Just Eat Takeaway.com (JTKWY, Financials), listed on the London Stock Exchange and Euronext Amsterdam under JET and TKWY, has agreed to sell its U.S. food delivery platform, Grubhub (GRUB ...
Chicago-based Grubhub sold for $650 million to Wonder Group Inc.
1 day ago · Wonder Group Inc. is buying Grubhub from Just Eat Takeaway.com NV for about $650 million, ... Wonder CEO Marc Lore told Bloomberg News. The deal is a major step in a transformation that has been ...
Just Eat Takeaway finally offloads Grubhub, sells to Wonder for …
1 day ago · 10:11 PM PST · November 12, 2024. 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 ...
Wonder Announces Acquisition of Grubhub - PR Newswire
1 day ago · 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. Completion is expected during Q1 2025 ...
Wonder Group to buy food delivery service Grubhub for $650 …
1 day 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 news: Wonder Group, a food-delivery ...
Just Eat Takeaway sells Grubhub for $650 million | AP News
1 day 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. That’s far less than than the price tag on Grubhub’s last ...
Grubhub to be sold to Marc Lore's Wonder Group for $650 …
Driving the news: Wonder Group, a food-delivery focused startup from former Walmart and Amazon exec Marc Lore, has agreed to pay $150 million in cash and assume $500 million in debt, the companies ...
Food delivery M&A: Wonder Group confirms deal for Grubhub
1 day ago · Alena Kravchenko. Wonder Group confirmed on Wednesday that it is acquiring Grubhub from Just Eat Takeaway.com N.V. (OTCPK:JTKWY) for $650 million. Under terms of the deal, Wonder will pay Just Eat ...