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Just Eat Takeaway sells Grubhub to Wonder
Just Eat Takeaway sells Grubhub for $650 million, just 3 years after buying the app for $7.3 billion
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. platform just three years ago.
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 steep loss to the billions it paid a few years ago, ending a years-long search for a buyer and boosting its shares.
Just Eat Takeaway.com Surges On A Bittersweet Exit From Grubhub
Just Eat Takeaway.com (JTKWY) stock surges 16% on Grubhub sale confirmation for less than $1 billion, improving financials and reducing debt. Read more here.
Yahoo
20h
Just Eat Takeaway finally offloads Grubhub, sells to Wonder for $650M
Just
Eat
Takeaway logo seen displayed on a smartphone and in the background. Netherlands-based food delivery company ...
QSR magazine
1d
Just Eat to Sell Grubhub for $650 Million
Just
Eat
Takeaway.com announced Wednesday that it will sell Grubhub to Wonder for $650 million, which is about $6.52 ...
8d
Just Eat cutting 300 jobs ahead of Christmas after sales drop
Just Eat said the decision to cut staff was a "tough" but a 'necessary step' to ensure it can "fuel sustainable growth and enhance operational efficiencies" ...
Yahoo
20h
Grubhub just sold for a tenth of what it was worth during the pandemic
The food delivery app announced its acceptance of the deal on its website earlier today. Wonder acquired Grubhub from the ...
The Irish Times
1d
Just Eat guy was on the clock and no war memorial service was going to stop him
Yet somehow I knew he wasn’t reciting Rudyard Kipling. Then I realised the man’s quandary. He was dressed in the bright ...
1d
Former Walmart Executive’s Startup to Buy Grubhub
Marc Lore’s Wonder agreed a deal to buy the food-delivery startup from Europe’s Just Eat Takeaway.com.
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