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Food Hall Startup Wonder Acquires Grubhub for $650 Million – RetailWit

Summary by RetailWit
Wonder Group, the “fast fine dining” retailer founded by serial entrepreneur Marc Lore, will purchase Grubhub from Just Eat Takeaway.com for $650 million, including $500 million in senior notes and $150 million in cash. The deal is projected to be finalized during Q1 2025, subject to customary closing conditions and regulatory approvals. “Wonder’s acquisition of Grubhub continues our mission to make great food more accessible,” said Lore, Founde…
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