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Grubhub, Walmart
Former Walmart Executive’s Startup to Buy Grubhub
Wonder, a food-delivery startup led by former Walmart executive Marc Lore, is in advanced talks to buy Grubhub from Europe’s Just Eat Takeaway.com, according to people familiar with the matter. A deal for Grubhub could be finalized imminently,
US Startup Buys Just Eat Takeaway’s Grubhub for $650 Million
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.
Startup led by ex-Walmart executive nears deal to buy Grubhub, WSJ reports
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,
Just Eat Takeaway sells Grubhub for $650 million
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,
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.
Just Eat Takeaway sells Grubhub for $650 million as shares jump
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
executive Marc Lore. Just Eat said it expected to get net proceeds ...
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.
The San Joaquin Valley Sun
22h
Wonder agrees to $650 million deal for Grubhub
Just Eat Takeaway.com is selling its US-based Grubhub to Wonder for $650 million due to growing tensions with competitors ...
Hoodline
16h
Grubhub Acquired by New York's Wonder Group for $650 Million Amid Competitive Food Delivery Market
Grubhub is set to be acquired by Wonder Group for $650 million, with plans to integrate into Wonder's innovative food ...
Crain's Chicago Business
1d
Grubhub sold at steep discount from its peak during the pandemic
Wonder will pay $142 million in cash and take on $500 million in
Grubhub
debt, Wonder Chief Executive Officer Marc Lore ...
Nation's Restaurant News
1d
Wonder to acquire Grubhub
The acquisition, slated for completion early in 2025, could allow one-app ordering for everything from high-end dinners to ...
Wane
1d
Grubhub to be sold to Wonder in $650 million deal
In the acquisition, Wonder has agreed to pay $150 million in cash and will take on $500 million in
Grubhub
debt. The ...
Wall Street Journal
1d
Former Walmart Executive’s Startup Is Near Deal to Buy Grubhub
A deal for
Grubhub
could be completed imminently, assuming the talks don’t fall apart, the people said. Amsterdam-based ...
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