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 ...
Netherlands-based food delivery company Just Eat Takeaway.com said on Wednesday that it is selling its U.S. business ...
Just Eat is selling off Grubhub to fancy food hall delivery startup Wonder in a deal worth $650 million. The transaction is ...
Just Eat Takeaway.com has announced the sale of its U.S. food delivery business, Grubhub, to Wonder Group for an enterprise ...
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 ...
The sale to delivery-focused restaurant chain Wonder marks a big financial loss for Just Eat but reflects Grubhub’s ...
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 ...
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