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Just Eat is selling Grubhub to Marc Lore's Wonder
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 Marc Lore's Wonder Group for $650 million
Wonder Group has agreed to buy Grubhub in a $650 million in a deal that will conclude Grubhub parent company Just Eat Takeaway.com's yearslong struggle to find a buyer. Why it matters: The deal price reflects a dramatic decline from Grubhub's $7.
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,
33m
on MSN
What’s the Deal With Wonder, the ‘Food Hall’ That’s Suddenly Everywhere?
Bettina Makalintal is a senior reporter at Eater.com, covering restaurant trends, home cooking advice, and all the food you ...
Hosted on MSN
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Marc Lore’s food delivery service Wonder is making smart use of NYC’s vacant storefronts
Our focus when scouting new storefronts is finding the best locations with less of the limitations restaurants commonly ...
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.
2d
Former Walmart Executive’s Startup to Buy Grubhub
Marc Lore’s Wonder agreed a deal to buy the food-delivery startup from Europe’s Just Eat Takeaway.com.
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