marc lore grubhub news - Search News

Just Eat is selling Grubhub to Marc Lore's Wonder

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.

Hosted on MSN · 1d

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.

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,

Grubhub, Walmart

The Wall Street Journal on MSN · 1d

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,

Retail TouchPoints6h

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 ...

GlobalData on MSN9h

Wonder to acquire food delivery platform Grubhub

The acquisition is anticipated to close by Q1 2025, subject to regulatory approvals and customary closing conditions.

Restaurant Business1d

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 ...

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 ...

Grubhub to be sold to Wonder in $650 million deal

Wonder has agreed to pay $150 million in cash and will take on $500 million in Grubhub debt. The transaction is expected to ...

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 ...

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 ...

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