Loading...
Loading...
Browse all stories on DeepNewz
VisitWhat will be Grubhub's market position by end of 2025 after Wonder acquisition?
Increased market share • 25%
Decreased market share • 25%
Maintained market share • 25%
Exited market • 25%
Market analysis reports from industry experts
Just Eat Takeaway Sells Grubhub to Marc Lore's Wonder for $650M, Down from $7.3B Purchase
Nov 13, 2024, 09:30 AM
Wonder Group, a New York-based food-delivery startup led by former Walmart executive Marc Lore, has agreed to acquire Grubhub from Just Eat Takeaway.com in a deal valued at $650 million. The transaction, expected to close in the first quarter of 2025, includes $150 million in cash and the assumption of $500 million in debt. This sale represents a significant loss for Just Eat Takeaway.com, which acquired Grubhub for $7.3 billion in 2021, marking a 91% decrease in value.
View original story
Expansion • 25%
Technology integration • 25%
Service diversification • 25%
Cost reduction • 25%
Increase by more than 10% • 25%
Increase by up to 10% • 25%
Decrease by up to 10% • 25%
Decrease by more than 10% • 25%
1st • 25%
2nd • 25%
3rd • 25%
4th or lower • 25%
1st • 25%
2nd • 25%
3rd • 25%
4th or lower • 25%
New product launch • 25%
International expansion • 25%
Acquisition of another company • 25%
Partnership with another major company • 25%
Less than 30% • 25%
30% to 40% • 25%
40% to 50% • 25%
More than 50% • 25%
Yes • 50%
No • 50%
Full compliance • 25%
Partial compliance • 25%
Non-compliance • 25%
Not publicly reported • 25%
Less than 20% • 25%
20% to 30% • 25%
30% to 40% • 25%
More than 40% • 25%
Expansion to new cities • 25%
No major initiatives • 25%
New product offerings • 25%
New partnerships • 25%