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DoorDash to acquire Grubhub campus dining unit for $300m
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DoorDash Agrees to Buy Grubhub Campus Dining for $300 Million and Invests $125 Million in Wonder
DoorDash’s new partnership with Wonder has two financially different pieces: a $300 million agreement to buy Grubhub Campus Dining and a separate $125 million investment in Wonder’s Series D round. The investment gives DoorDash exposure to Wonder’s broader restaurant and food-technology platform; the acquisition would put a specialized campus-ordering network inside DoorDash. The companies announced…
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