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Just Eat is selling Grubhub to Marc Lore's Wonder
Just Eat is selling Grubhub to Marc Lore’s Wonder for $650M
Just Eat is selling off Grubhub to fancy food hall delivery startup Wonder in a deal worth $650 million. The transaction is expected to close in the first quarter of 2025, subject to regulatory approvals. Wonder is owned by businessman Marc Lore, the former Walmart e-commerce CEO and part-owner of the Minnesota Timberwolves.
Grubhub to be sold to Marc Lore's Wonder Group for $650 million
Wonder Group has agreed to buy Grubhub in a $650 million in a deal that will conclude Grubhub parent company Just Eat Takeaway.com's yearslong struggle to find a buyer. Why it matters: The deal price reflects a dramatic decline from Grubhub's $7.
Grubhub reportedly in talks to be acquired by Marc Lore’s Wonder startup
Wonder, a food-delivery startup led by former Walmart executive Marc Lore, is in advanced talks to buy Grubhub from Amsterdam-based Just Eat Takeaway.com, the Wall Street Journal reported on Tuesday,
2d
on MSN
Marc Lore’s food delivery service Wonder is making smart use of NYC’s vacant storefronts
Wonder is revolutionizing more than just cuisine in New York City. Since launching last year, the food delivery and take-out ...
Retail TouchPoints
1h
Food Hall Startup Wonder Acquires Grubhub for $650 Million
Wonder Group, the “fast fine dining” retailer, will purchase Grubhub from Just Eat Takeaway.com for $650 million in a deal to ...
3h
Wonder to acquire food delivery platform Grubhub
The acquisition is anticipated to close by Q1 2025, subject to regulatory approvals and customary closing conditions.
Restaurant Business
1d
Wonder to acquire Grubhub for $650M
The deal will give Marc Lore’s food hall-delivery chain a nationwide network of couriers and restaurants. And it will end ...
1d
on MSN
Former Walmart Executive’s Startup to Buy Grubhub
Wonder, a food-delivery startup led by former Walmart executive Marc Lore, is in advanced talks to buy Grubhub from Europe’s ...
Yahoo
21h
Just Eat Takeaway finally offloads Grubhub, sells to Wonder for $650M
Wonder
's CEO
Marc
Lore
said that the company aims to create a super app for food delivery through this acquisition. "We ...
The San Joaquin Valley Sun
21h
Wonder agrees to $650 million deal for Grubhub
Just Eat Takeaway.com is selling its US-based Grubhub to Wonder for $650 million due to growing tensions with competitors ...
1d
Wonder Buys GrubHub At Stunning Discount
Just Eat Takeaway agreed to sell Grubhub to Wonder Group for $650 million, after paying $7.3 billion for it in 2020.
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