Tag

Wonder

All articles tagged with #wonder

business1 year ago

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.

business1 year ago

Ex-Walmart Exec's Startup Acquires Grubhub for $650M

New York-based startup Wonder is acquiring Chicago-based Grubhub for $650 million, a significant drop from the $7.3 billion Just Eat Takeaway paid in 2021. The sale, expected to close in early 2025, includes $500 million in senior notes and $150 million in cash. Grubhub has faced increased competition from Uber Eats and DoorDash, as well as restaurants managing their own deliveries. The acquisition aims to enhance Wonder's food delivery services, though the impact on Grubhub's Chicago operations remains unclear.

business1 year ago

Grubhub Sold to Wonder for $650M, Marking Major Valuation Drop

Just Eat is selling Grubhub to Marc Lore's Wonder for $650 million, with the deal expected to close in early 2025 pending regulatory approval. Wonder, known for its food hall delivery service, plans to integrate Grubhub into its platform, creating a "super app" for meals that includes restaurant partners, groceries, and meal kits. Just Eat had originally purchased Grubhub for over $7 billion in 2021.

business1 year ago

Grubhub Sold to Wonder Group for $650M, Marking $6.5B Loss

Just Eat Takeaway is selling its US arm, Grubhub, to Wonder for $650 million, marking a significant loss from its $7.3 billion purchase in 2020. The sale comes as Just Eat faces declining demand post-pandemic and increased competition. The deal, expected to close in early 2025, aims to enhance Just Eat's cash flow and growth, while Wonder plans to integrate Grubhub into its vision of a 'super app' for food delivery.

business1 year ago

Wonder Startup Nears $650M Acquisition of Grubhub

Wonder, a food-delivery startup led by former Walmart executive Marc Lore, is reportedly in advanced talks to acquire Grubhub from Just Eat Takeaway.com. The European company had purchased Grubhub in 2020 for $7.8 billion, but the current deal is expected to value Grubhub at less than $1 billion. This acquisition could enhance Wonder's revenue and provide access to delivery drivers and technology. Neither Grubhub, Just Eat Takeaway, nor Wonder have commented on the potential deal.

business1 year ago

"Walmart's Innovative Approach to Revolutionizing Dining Experiences"

Marc Lore, the entrepreneur behind Diapers.com and Jet.com, has shifted his focus to disrupting the food delivery industry with his start-up called Wonder. The company aims to address the slow delivery and customer dissatisfaction often associated with food delivery services by using a van-based strategy to cook and deliver meals in suburban areas. After a significant capital raise, Lore took over as the CEO of Wonder and envisions it as a potential game-changer in the food and beverage industry, aiming to build a lasting brand rather than seeking quick profits.

spirituality2 years ago

"Finding Inner Peace through Celestial Connection: The Transformative Power of the Sky"

Staring at the sky for just fifteen minutes can evoke a sense of wonder and reconnect us with nature. The sky, often overlooked in our busy lives, was revered by our ancestors as a testament to God's glory and personal presence. In a world filled with distractions, taking the time to observe the sky can remind us of God's greatness, goodness, and our own smallness. It serves as a constant reminder that we are made for God and should live in awe and reverence before Him.

gaming2 years ago

"Super Mario Bros. Wonder Review: A Transformative Return to 2D Gaming"

The first review of Super Mario Bros. Wonder has been published in Famitsu, with a score of 36/40. The game is praised for its inventive design, tight gameplay, and striking presentation. It introduces a new "Wonder" mechanic that transforms stages in surprising ways. The review highlights the game's balance for both beginners and veteran players, as well as its online element that allows players to help each other without interfering too much. Super Mario Bros. Wonder is set for release on October 20 and is considered a promising step forward for the Mario Bros series.

gaming2 years ago

"Super Mario Bros. Goombas Finally Get Their Bite, Fulfilling Miyamoto's Vision"

In the upcoming game Super Mario Bros. Wonder, Goombas will finally be shown biting Mario and other characters when they get close, revealing the reason behind the damage taken in the original game. Due to hardware limitations at the time, this detail couldn't be shown, but now the developers have included a small animation to depict the biting action. The game, which offers behind-the-scenes insights into its development, will be released on October 20 for the Nintendo Switch.

science-and-psychology2 years ago

"The Enchanting Power of Music: Unveiling the Science Behind Wonder and Awe"

Scientists explain that music has the power to create a sense of connection and wonder by synchronizing brain waves, activating pleasure and reward circuits, and triggering the production of brain chemicals associated with pleasure. Music also has a calming effect, deepening breathing and lowering stress hormones, which fosters a feeling of connection to others and the world. Emotions like awe, stimulated by music, counter feelings of loneliness and contribute to overall health and well-being. Musicians themselves often experience a sense of wonder while playing music, with neural pathways opening and a heightened sensitivity to their surroundings.

education2 years ago

The Loss of Wonder in Children, Explained by Carl Sagan.

Celebrated science communicator Carl Sagan noted that children are natural-born scientists, but by the time they reach high school, they have lost much of their wonder and gained very little skepticism. Sagan attributed this to peer pressure, society's focus on short-term gratification, and the indifference of adults when confronted with a young child's effervescent wonder. Sagan suggested that adults should try to answer children's questions, even if incompletely, to encourage their curiosity and love of learning. Bright, curious children are a national and world resource that needs to be cared for, cherished, and encouraged.

lifestyle2 years ago

The Impact of Clouds on Our Perception of the World

The author expresses their love for clouds and how they induce a state of wonder and imagination. Clouds are constantly changing and take on different forms, reminding us that magical things in life can come out of nowhere. The author also shares how clouds color our experience of the world and how they can transport us away from the stresses of everyday life.