Wonder Group to buy food delivery service Grubhub for $650 …
2 days ago · Driving the news: Wonder Group, a food-delivery focused startup from former Walmart and Amazon exec Marc Lore, has agreed to pay $150 million in cash and assume $500 million in debt, the companies announced. Wonder also announced that is has raised $250 million from new investors.
Wonder Announces Acquisition of Grubhub
2 days 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.
Just Eat Takeaway finally offloads Grubhub, sells to Wonder for …
2 days 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 ...
Grubhub just sold for $650 million. Four years ago it was worth …
2 days ago · Europe’s biggest meal delivery firm Just Eat Takeaway TKWY.AS said on Wednesday it had struck a deal to sell its U.S. unit Grubhub to Wonder for $650 million, sending its shares soaring 20% in ...
Wonder Group buys Grubhub in $650M deal | wkyc.com
1 hour ago · The CEOs of Wonder and Grubhub, Marc Lore and Howard Migdal, also sounded positive notes Wednesday — with both noting that the deal would aid Wonder's mission to “make great food more ...
Grubhub to be sold to Marc Lore's Wonder Group for $650 …
Driving the news: Wonder Group, a food-delivery focused startup from former Walmart and Amazon exec Marc Lore, has agreed to pay $150 million in cash and assume $500 million in debt, the companies ...
Wonder, Marc Lore's 'Fast Fine' Food Business, Announces a $700 …
Mar 19, 2024 · Wonder, Lore’s New York City-based food delivery startup, which currently has 11 brick-and-mortar locations that serve fast-cooked meals by chefs including Bobby Flay and Michael Symon, has...
Amazon’s Tony Hoggett joins Marc Lore’s restaurant startup Wonder …
Oct 28, 2024 · For Lore, a serial entrepreneur, Wonder is the latest attempt to build a giant tech-enabled retail business that could one day sport the size and profit margins for an IPO.
Marc Lore Is Trying to Build the Amazon of Food Delivery - The …
Mar 10, 2024 · Marc Lore, the entrepreneur behind Diapers.com and Jet.com, would like to disrupt food delivery. But he really wants to build a brand that actually lasts.
Wonder Group buys Grubhub in $650M deal | wusa9.com
2 days ago · Updated: 2:06 PM EST November 13, 2024. NEW YORK — European food delivery giant Just Eat Takeaway.com is selling Grubhub for $650 million, a fraction of the billions it spent to buy the U.S ...