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 during the early days of the Covid pandemic. The transaction is expected to close in the first quarter of 2025, Just Eat said in a statement on its website on Wednesday.
Chicago-based Grubhub Sold For $650 Million To Wonder Group Inc.
Joshua Brustein, Charlotte Hughes-Morgan, Chicago Tribune: Business
Wed, 11/13/2024 - 7:27am
Topics: group inc covid eat chief executive officer jitse groen chicago august latin american prosus nv investors amsterdam-based just eat april chief executive officer marc lore bloomberg news walmart inc jersey lore s new york philadelphia wonder-owned it january seamless amazon wall street journal nov in in grubhub eat takeaway just eat the groen amsterdam us uber eats doordash lore lore wonder sold million delivery company deal app market food price billion plans service years sale early transaction pandemic difficult raised close year startup cash valuations high weak rates stake demands services
BING NEWS:
- 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.
11/13/2024 - 3:33 am | View Link - Grubhub to be sold to Wonder in $650 million deal
Europe's largest meal delivery firm announced Wednesday that it will be selling its U.S.-based Grubhub to Wonder in a $650 million deal.
11/13/2024 - 2:13 am | View Link - 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 ...
11/13/2024 - 1:48 am | View Link - Grubhub to be sold for a fraction of what Just Eat Takeaway paid in 2021
Meal-delivery service Grubhub is going to be sold to Wonder Group, which bought Blue Apron last year, in a deal for a fraction of what it was sold for three years ago ...
11/12/2024 - 11:32 pm | View Link - 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 ...
11/12/2024 - 10:33 pm | View Link - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more