Wonder completes acquisition of Grubhub for $650M
2 days ago · Wonder has said that combining its delivery-focused food halls with Grubhub’s delivery and restaurant network is part of its vision to create a “super app” for meals. Select Grubhub restaurants will be available in Wonder’s app, and Wonder’s in-house brands will be listed on Grubhub. Wonder could also rely on Grubhub’s nationwide delivery network as it expands beyond its core ...
Grubhub just sold for $650 million. Four years ago it was worth
Nov 13, 2024 · Europe’s biggest meal delivery firm, Just Eat Takeaway, 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 early...
Wonder Announces Acquisition of Grubhub
Nov 13, 2024 · 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.
Wonder Acquires Grubhub for $650 Million in Bold Bid to …
Wonder, a relatively new entrant in the food delivery space, has made a bold move by acquiring Grubhub, a long-standing and established player in the industry. The acquisition, valued at $650 million, comprises $500 million in senior notes and $150 million in cash, and is expected to close in the first quarter of 2025, pending regulatory approvals.
Grubhub to pay $25 million to settle claims of deceiving ... - CBS News
Dec 17, 2024 · CHICAGO (CBS) -- Food delivery app Grubhub has agreed to pay $25 million after a federal investigation found that the Chicago-based company tricked its customers, misled its drivers, and damaged...
FTC and Illinois AG Settle Matter Against Grubhub for $140M
6 days ago · On December 17, 2024, the Federal Trade Commission (FTC) and Illinois Attorney General (AG) Kwame Raoul settled their lawsuit against Grubhub for $140 million (Grubhub will only have to pay $25 ...
Grubhub keeps shrinking, and that's kind of the point
Oct 16, 2024 · Third-party delivery company Grubhub continues to see fewer orders, even as its competitors keep growing. Orders for parent company JustEatTakeaway’s (JET’s) North American business fell 11% in the third quarter, continuing a long streak of declines.
GrubHub Breaking News Headlines Today - Ground News
3 days ago · All the latest breaking GrubHub news. Compare headlines and how media bias shapes coverage. See if GrubHub is covered more by Center leaning media sources.
Grubhub’s 2023 Delivered Trend Report Reveals Ordering Was All …
CHICAGO, DECEMBER 12, 2023 – Today, Grubhub launches its annual retrospective, the 2023 Delivered report, which analyzes millions of orders from diners across the U.S. to uncover the biggest food and beverage trends of the year.
Grubhub layoffs: 400 employees, or 15% of corporate workforce
Jun 12, 2023 · Food delivery platform Grubhub laid off about 400 employees, or 15% of its corporate workforce, citing a need to maintain "competitiveness," the company's CEO said in a message to employees...
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