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.
Grubhub just sold for $650 million. Four years ago it was worth
1 day ago · Grubhub’s enterprise value of $650 million includes $500 million of senior notes and $150 million cash, Wonder said in a statement. Wonder is a food-delivery startup led by former Walmart ...
Just Eat is selling Grubhub to Marc Lore’s Wonder for $650M
1 day ago · Wonder plans to integrate Grubhub and create a “super app” for ordering food for delivery. By Umar Shakir , a news writer fond of the electric vehicle lifestyle and things that plug in via USB-C.
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 buys Grubhub in $650 million food delivery app deal
1 day ago · Photo courtesy Grubhub. Nov. 13 (UPI) -- The food delivery app Wonder announced on Wednesday it has bought Grubhub in a $650 million dollar combination debt and cash deal. Wonder will pay $150 ...
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 ...
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 ...
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.com sells Grubhub to Wonder
1 day ago · Wonder’s acquisition of Grubhub continues our mission to make great food more accessible. As we enhance our customer experience with selection, speed, and variety, we’re excited to soon offer a curated selection of Grubhub’s restaurant partners directly in the Wonder app, alongside our owned and operated restaurants and meal kits.
Former Walmart Executive’s Startup to Buy Grubhub - WSJ
1 day ago · The deal values Grubhub at $650 million, including debt. Photo: Spencer Platt/Getty Images. Wonder, a food-delivery startup led by former Walmart WMT 0.76% executive Marc Lore, agreed Wednesday to ...