Just Eat Takeaway sells Grubhub for $650 million as shares jump
Europe's biggest meal delivery firm Just Eat Takeaway said on Wednesday it had agreed to sell its U.S. unit Grubhub to Wonder at a steep loss to the billions it paid a few years ago, ending a years-long search for a buyer and boosting its shares.
A startup called Wonder is now the new owner of Grubhub. The food delivery app announced its acceptance of the deal on its ...
The acquisition is anticipated to close by Q1 2025, subject to regulatory approvals and customary closing conditions.
Wonder Group Inc. is buying Grubhub from Just Eat Takeaway.com for about $650 million, acquiring the restaurant delivery ...
Wall Street Journal on MSN1d
Former Walmart Executive’s Startup to Buy GrubhubJust Eat bought Grubhub in 2021 in a deal valued at over $7 billion. Grubhub had been in discussions to sell itself to ...
Wonder Group Inc. is buying Grubhub from Just Eat Takeaway.com NV for about $650 million, acquiring the restaurant delivery ...
Gifting allows recipients to access the article for free. Wonder Group Inc. is buying Grubhub from Just Eat Takeaway.com NV ...
Yet in the US, rivals DoorDash and Uber Eats are thriving. Meanwhile, Grubhub has disproportionate exposure to New York City, through its Seamless brand, where the municipal government has capped ...
Wonder, a company that operates delivery-focused food halls, will acquire Grubhub for $650 million from Just Eat ...
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