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European food delivery giant Just Eat Takeaway.com is selling Grubhub for $650 million, a fraction of the billions it spent to buy the U.S. platform just three years ago. Wonder Group, a New York ...
On 19 August 2022, Just Eat Takeaway.com sold its 33% stake in iFood to Prosus (via Movile) for €1.8 billion. [42] [43] [11] In November 2024, Just Eat Takeaway announced that it was selling Grubhub to restaurant chain Wonder Group Inc for $650m. [44] Just Eat bought Grubhub in a $7.3bn deal agreed in June 2020. [45]
Grubhub logo from 2016 until Just Eat Takeaway acquired Grubhub in 2021. In August 2017, Grubhub agreed to acquire Eat24 from Yelp for $287.5 million, subject to regulatory review. [23] In October 2017, Grubhub announced that it had completed its acquisition of Eat24. [24] In late 2018 Grubhub shut down the Eat24 brand. [25]
Investors of mobile food-ordering and delivery marketplace Grubhub (GRUB) have given the green light to complete the $7.3-billion acquisition of Grubhub by Just Eat Takeaway.com. The transaction ...
Just Eat is an online food order and delivery platform. It was founded in 2001 in Kolding, Denmark, as a food delivery company, and later headquartered in London, United Kingdom, from 2006 (as Just Eat plc) [a] until it was purchased by Netherlands-based Takeaway.com in 2020 forming Just Eat Takeaway.com. [1]
Netherlands-based Takeaway sealed the acquisition of Britain's Just Eat, a company larger than itself, in January and the combined firm then agreed in June to buy U.S. peer GrubHub for $7.3 billion.
The acquisition is not just a big piece of M&A in the food delivery space. It also represents a major competitive swipe, as Uber Eats had also been trying to acquire the U.S. company.
Skip, previously SkipTheDishes, is a Canadian online food delivery service headquartered in Winnipeg, Manitoba and a division of Dutch-based Just Eat Takeaway.com. [3] Users can order food from restaurants online using its OS or Android app or through a web browser.