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Grubhub, Walmart

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 Just Eat Takeaway.com, according to people familiar with the matter. A deal for Grubhub could be finalized imminently,

Bloomberg on MSN · 1d

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.

Reuters on MSN · 1d

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

New York Post on MSN · 1d

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,

The Verge on MSN · 1d

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.

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 transaction is expected to be completed during the first quarter of 2025. Wonder was launched in 2018 by former Walmart executive Marc Lore ...

USA Today1d

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 ...

Hoodline20h

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 ...

The San Joaquin Valley Sun1d

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 ...

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.

Nation's Restaurant News1d

Wonder to acquire Grubhub

The acquisition, slated for completion early in 2025, could allow one-app ordering for everything from high-end dinners to ...

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 ...

Wall Street Journal2d

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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