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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,
2d
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 ...
1d
on MSN
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 ...
Retail TouchPoints
1h
Food Hall Startup Wonder Acquires Grubhub for $650 Million
Wonder Group, the “fast fine dining” retailer, will purchase Grubhub from Just Eat Takeaway.com for $650 million in a deal to ...
Minnesota Sports Fan on MSN
22d
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.
Restaurant Business
1d
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 ...
16d
Tech Moves: Amazon grocery exec will join Marc Lore’s Wonder; AI2 Incubator adds venture partner
Tony Hoggett joined Amazon in January 2022. His last day as SVP of the company’s worldwide grocery stores business will be ...
Wall Street Journal
1d
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 Just ...
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