Startup led by ex-Walmart executive nears deal to buy Grubhub, …
1 day ago · Tue, Nov 12, 2024, 6:21 PM1 min read. (Reuters) -Wonder, a food-delivery startup led by former Walmart executive Marc Lore, is in advanced talks to buy Grubhub from Amsterdam-based Just Eat ...
Former Walmart Executive’s Startup to Buy Grubhub - WSJ
1 day ago · The deal values Grubhub at $650 million, including debt. Photo: Spencer Platt/Getty Images. Wonder, a food-delivery startup led by former Walmart WMT 0.76% executive Marc Lore, agreed Wednesday to ...
Wonder Announces Acquisition of Grubhub
1 day ago · Wonder will acquire Grubhub from Just Eat Takeaway.com for an enterprise value of $650 million, including $500 million of senior notes and $150 million cash. Completion is expected during Q1 2025, subject to customary closing conditions including regulatory approvals. Jefferies served as Wonder’s exclusive financial advisor on the transaction.
Startup led by ex-Walmart executive nears deal to buy Grubhub, …
1 day ago · Nov 12 (Reuters) - Wonder, a food-delivery startup led by former Walmart (WMT.N), opens new tab executive Marc Lore, is in advanced talks to buy Grubhub from Amsterdam-based Just Eat Takeaway.com ...
Grubhub selling to Wonder in $650 million deal
1 day ago · Nov 13, 2024. Listen to this article 2 min. New York City food-delivery startup Wonder announced Wednesday it is acquiring Grubhub for $650 million. The move comes four years after Netherlands ...
Wonder near deal to buy Grubhub from Just Eat Takeaway, WSJ says
1 day ago · November 12, 2024 — 08:31 pm EST. Wonder, the food-delivery startup led by former Walmart (WMT) executive Marc Lore, is in advanced talks to buy Grubhub from Europe’s Just Eat Takeaway.com ...
Grubhub to be sold for a fraction of what Just Eat Takeaway paid …
1 day ago · Meal-delivery service Grubhub is going to be sold to Wonder Group, which bought Blue Apron last year, in a deal for a fraction of what it was sold for three years ago. Just Eat Takeaway.com said ...
Wonder near deal to buy Grubhub from Just Eat Takeaway, WSJ says
1 day ago · Nov. 12, 2024, 07:31 PM. Wonder, the food-delivery startup led by former Walmart (WMT) executive Marc Lore, is in advanced talks to buy Grubhub from Europe’s Just Eat Takeaway.com (JTKWY ...
Just Eat Takeaway finally offloads Grubhub, sells to Wonder for …
1 day ago · 10:11 PM PST · November 12, 2024. Netherlands-based food delivery company Just Eat Takeaway.com said on Wednesday that it is selling its U.S. business Grubhub to New York-based Wonder Group in a ...
Wonder Group to buy food delivery service Grubhub for $650 …
1 day ago · Wonder Group has agreed to acquire Grubhub for $650 million from Just Eat Takeaway, which had struggled for more than a year to find a buyer. Why it matters: The deal price reflects a dramatic decline from Grubhub's $7.3 billion valuation in 2020, and is the latest transaction in a food delivery sector that continues to struggle post pandemic. Driving the news: Wonder Group, a food-delivery ...
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