Get the latest tech news

Just Eat Takeaway completes Grubhub sale to Wonder for a modest $650M


After looking for a buyer for more than two years, Just Eat Takeaway.com has finally closed the menu on Grubhub. On Tuesday, the Dutch food delivery giant

— in the industry to focus more on profitability after years of overinvestment and unrealistic growth targets. Just Eat Takeaway says it will turn its focus towards “investment in countries in which it has the greatest competitive advantage.” In the case of Wonder, Lore is somewhat of a legend in the world of e-commerce, previously founding and selling companies to Amazon and Walmart.

Get the Android app

Or read this on TechCrunch

Read more on:

Photo of wonder

wonder

Photo of grubhub

grubhub

Photo of Eat Takeaway

Eat Takeaway

Related news:

News photo

Bird Buddy Launches 'Wonder' Camera for Watching Insects

News photo

Grubhub to pay $25 million for misleading customers, restaurants, drivers

News photo

Grubhub pays $25 million for allegedly tricking customers and lying to drivers