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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,
Grubhub to be sold to Wonder in $650 million deal
Europe’s largest meal delivery firm announced Wednesday that it will be selling its U.S.-based Grubhub to Wonder in a $650 million deal. Just Eat Takeaway.com originally acquired Grubhub in 2020 during the peak of the COVID-19 pandemic for $7.
7h
on MSN
Former Walmart Executive’s Startup Near Deal 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 ...
1d
on MSN
Marc Lore’s food delivery service Wonder is making smart use of NYC’s vacant storefronts
Wonder is revolutionizing more than just cuisine in New York City. Since launching last year, the food delivery and take-out ...
Restaurant Business
2h
Wonder to acquire Grubhub for $650M
The deal will give Marc Lore’s food hall-delivery chain a nationwide network of couriers and restaurants. And it will end ...
Minnesota Sports Fan on MSN
21d
Lore, A-Rod Seem to Have Upper Hand in Upcoming Arbitration Battle for Timberwolves
The Minnesota Timberwolves ownership war wages on but Alex Rodriguez and Marc Lore could be coming close to taking over.
4h
Just Eat Takeaway Shares Jump After Company Agrees to Grubhub Sale
Just Eat Takeaway.com shares jumped after the company said it agreed to the sale of its U.S. subsidiary Grubhub to former Walmart executive Marc Lore's startup Wonder, ending a two-year saga over the ...
Hosted on MSN
9d
Here's the latest intel on who will own the Minnesota Timberwolves -- and the billion-dollar battle that looms
Minnesota Timberwolves and Minnesota Lynx controlling owner Glen Taylor and minority owners
Marc
Lore
and Alex Rodriguez ...
8h
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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