Search results
Results From The WOW.Com Content Network
Published Nov. 14, 2024, 6:02 a.m. ET. Comments. European food delivery giant Just Eat Takeaway.com is selling Grubhub for $650 million, a fraction of the billions it spent to buy the US platform ...
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.
Grubhub’s enterprise value of $650 million includes $500 million of senior notes and $150 million cash, Wonder said in a statement. Wonder is a food-delivery startup led by former Walmart ...
Grubhub, headquartered in Chicago, operates in more than 4,000 U.S. cities — with over 375,000 merchants and 200,000 delivery partners across the country to date. According to Just Eat Takeaway.com, the platform generated 237 million orders with a gross transaction value of 8.06 billion euros (about $8.53 billion) last year.
Just Eat Takeaway sells Grubhub for $650 million as shares jump. Europe's biggest meal delivery firm Just Eat Takeaway said on Wednesday it had agreed to sell its U.S. unit Grubhub to Wonder at a ...
Just Eat Takeaway shares, which trade Grubhub stock under the ticker name GRUB, are leaving the U.S. stock market. Here’s when and why it’s happening.
The deal values Grubhub at $650 million, including debt. Photo: Spencer Platt/Getty Images. Wonder, a food-delivery startup led by former Walmart WMT 0.76% executive Marc Lore, agreed Wednesday to ...
Meal-delivery service Grubhub is going to be sold to Wonder Group, which bought Blue Apron last year, in a deal for a fraction of what it was sold for three years ago. Just Eat Takeaway.com said ...
The company merged with the automated food ordering and delivery company Seamless in 2013. Just Eat Takeaway bought Grubhub in 2020 for $7.3 billion at the height of the COVID-19 pandemic. The ...
AMSTERDAM, June 15, 2021 /PRNewswire/ -- The Transaction represents Just Eat Takeaway.com's entry into online food delivery in the United States and builds on the strategic rationale for the...