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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 ...
GlobalData on MSN
17h
Wonder to acquire food delivery platform Grubhub
The acquisition is anticipated to close by Q1 2025, subject to regulatory approvals and customary closing conditions.
17d
Tech Moves: Amazon grocery exec will join Marc Lore’s Wonder; AI2 Incubator adds venture partner
Tony Hoggett joined Amazon in January 2022. His last day as SVP of the company’s worldwide grocery stores business will be ...
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.
1d
on MSN
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 ...
1d
Former Walmart Executive’s Startup to Buy Grubhub
Marc Lore’s Wonder agreed a deal to buy the food-delivery startup from Europe’s Just Eat Takeaway.com.
1d
Just Eat Takeaway Shares Jump After Company Agrees to Grubhub Sale
Just Eat Takeaway.com shares jumped after the company said it agreed to the sale of its U.S. subsidiary Grubhub to former Walmart executive Marc Lore's startup Wonder, ending a two-year saga over the ...
1d
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.
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