Share via Email


* Email To: (Separate multiple addresses with a semicolon)
* Your Name:
* Email From: (Your IP Address is 18.97.14.84)
* Email Subject: (personalize your message)


Email Content:

Grubhub Acquired by Wonder

11/17/2024

Grubhub the third-ranked U.S. food delivery service owned by Just Eat Takeaway (JET) based in the Netherlands was acquired in 2020 for $7.3 billion.  Wonder will now pay $650 million for the business, representing a considerable markdown for JET.

 

Wonder based in New York operates ghost kitchens and operates a delivery service from 28 locations.  Their business model is to prepare meals in central kitchens to be transported to restaurants for final preparation and serving.

 

The Grubhub acquisition will be complimentary to the existing network of Wonder drivers given a resource comprising 200,000 carriers and a claimed 400,000 businesses served.