
Grubhub Acquired by Wonder for $650M, Marking 90% Value Drop
Just Eat Takeaway has sold Grubhub to the food delivery startup Wonder for $650 million, a significant loss from the $7.3 billion it paid in 2021. The sale aims to boost Just Eat's cash generation and growth, while Wonder plans to integrate Grubhub's restaurant partners into its app. The deal reflects the challenges faced by food delivery platforms post-pandemic, as consumer demand shifts and competition intensifies.











