Just Eat is divesting Grubhub to culinary startup Wonder for $650 million, marking a significant change in the competitive food delivery landscape.
Wonder intends to adopt Grubhub’s delivery service into its platform, creating a unique 'super app for mealtime' that offers a selection of restaurants and groceries.
With this acquisition, Wonder, founded by Marc Lore, aims to revolutionize food delivery by merging culinary expertise with convenience through its innovative app.
Just Eat's original investment in Grubhub back in 2021 for over $7 billion reflects the evolving dynamics and challenges in the food delivery market.
Collection
[
|
...
]