Get the latest tech news
Just Eat Takeaway finally offloads Grubhub, sells to Wonder for $650M
Netherlands-based Just Eat Takeaway announced today that it is selling Grubhub to Wonder in a deal valued at $650 million. The company said that it
The company added that this sale would allow it to invest in countries where it has a competitive advantage and generate free cash flow. Wonder’s CEO Marc Lore said that the company aims to create a super app for food delivery through this acquisition. Bringing Wonder and Grubhub together is the next step in our vision to create the super app for meal time, re-envisioning the future of food delivery,” he said.
Or read this on TechCrunch