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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,
Startup Wonder Buys Grubhub From Just Eat Takeaway for $650 Million
The European parent company of the popular food delivery app company had sought to leave the U.S. market since 2022.
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 is selling Grubhub to Marc Lore's Wonder
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.
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 transaction is expected to be completed during the first quarter of 2025. Wonder was launched in 2018 by former
Walmart
executive Marc Lore ...
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.
USA Today
1d
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 ...
The San Joaquin Valley Sun
1d
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
20h
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 ...
Wall Street Journal
2d
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 ...
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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