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Grubhub Inc. (stylized in all caps) is an American online and mobile prepared food ordering and delivery platform based in Chicago, Illinois. Founded in 2004, it was a subsidiary of the Dutch company Just Eat Takeaway since 2021. [2]
NEW YORK (AP) — 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-based food ordering company that touts “fast fine” dining, is set to be Grubhub's new owner.
It purchased Grubhub in the United States but announced it was selling it in 2024. Just Eat Takeaway operate various food ordering and delivery platforms in twenty countries, [ 4 ] where customers can order food online from restaurants’ menus, and have it delivered by restaurant or company couriers directly to their home or workplace using an ...
In May 2013, Seamless announced the signing of an agreement to merge with GrubHub, creating a combined company with a higher order volume and improved regional coverage. [ 4 ] On August 9, 2013, Seamless and GrubHub completed their merger and now operate under the name GrubHub, Inc. (formerly known as GrubHub Seamless).
In the acquisition, Wonder has agreed to pay $150 million in cash and will take on $500 million in Grubhub debt. The transaction is expected to be completed during the first quarter of 2025.
"Whoever said money can't buy happiness lied," she said in the magazine. That money wasn't about luxury; it was about relief — something Powter says resonates with many women who've faced ...
In the latest GrubHub (NYSE:GRUB) news, the company's stock is taking a hit Friday afternoon due to mounting competition from other food delivery services such as Uber Eats.Source: Shutterstock ...
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