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Just Eat Takeaway Sells Grubhub to Wonder for $650 Million

Nov 14, 2024•over 1 year ago

Contract Type

partnership

New YorkOtherFood and BeverageSoftwareFood And Beverage

Description

Just Eat Takeaway has sold Grubhub to food delivery startup Wonder for $650 million, marking a 90% loss compared to the $7.3 billion acquisition in 2021. Wonder's acquisition is aimed at enhancing their customer experience by incorporating Grubhub’s restaurant partners into their app, accelerating growth for Just Eat Takeaway, and providing the right home for Grubhub and its employees.

Company Information

Company

Wonder

Location

1065 6TH AVE., FL 15

New York, New York, United States

About

Wonder is the mealtime platform built to satisfy every craving without compromise. With options including dine-in, delivery, pickup, and meal kits, Wonder makes every dining experience effortless. With the Wonder app, you can combine hundreds of dishes from the menus of world-renowned chefs in a single order so everyone gets exactly what they’re craving—no more mealtime debates, just fuller plates, and happy eaters.

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.