Wonder, a US food delivery platform, has announced the acquisition of Grubhub from Just Eat Takeaway for $650 million.

The deal, which includes $500 million in senior notes and $150 million in cash, is expected to close in Q1 2025 pending regulatory approval.

Wonder’s acquisition of Grubhub supports its goal of becoming a “super app” for mealtime, combining its own selection of restaurants, meal kits and grocery items with Grubhub’s network of over 375,000 merchants and 200,000 delivery partners across the US.

With the integration of Grubhub, Wonder will offer its locations on the Grubhub platform for third-party delivery and bring Grubhub’s restaurants and services directly into the Wonder app. The company raised an additional $250 million in funding from new investors to support this next phase of growth.

Founded by entrepreneur Marc Lore, Wonder aims to make quality food more accessible with its "Fast Fine" dining model. Its Multi-Restaurant Ordering feature allows customers to order from up to 30 different restaurants in a single order, with each item prepared to finish at the same time for joint delivery. The platform currently operates 28 locations in the Northeastern US and plans to open seven more by the end of the year.

Lore said: "Wonder's acquisition of Grubhub continues our mission to make great food more accessible. As we enhance our customer experience with selection, speed and variety, we're excited to soon offer a curated selection of Grubhub's restaurant partners directly in the Wonder app, alongside our owned and operated restaurants and meal kits. 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."

Grubhub's CEO, Howard Migdal, added: "I am incredibly excited for Grubhub to join forces with Wonder and bring more value to our diners, merchants and delivery partners. Since our earliest days, Grubhub has helped restaurants open their doors to new customers, while introducing diners to new cuisines. That's why I'm confident that Grubhub will complement Wonder's mission to make great food more accessible and that together we will create remarkable dining experiences for more customers across the country."

#Wonder #Grubhub #JustEatTakeaway #US #fooddeliveryWonder, a US food delivery platform, has announced the acquisition of Grubhub from Just Eat Takeaway for $650 million.

The deal, which includes $500 million in senior notes and $150 million in cash, is expected to close in Q1 2025 pending regulatory approval.

Wonder’s acquisition of Grubhub supports its goal of becoming a “super app” for mealtime, combining its own selection of restaurants, meal kits and grocery items with Grubhub’s network of over 375,000 merchants and 200,000 delivery partners across the US.

With the integration of Grubhub, Wonder will offer its locations on the Grubhub platform for third-party delivery and bring Grubhub’s restaurants and services directly into the Wonder app. The company raised an additional $250 million in funding from new investors to support this next phase of growth.

Founded by entrepreneur Marc Lore, Wonder aims to make quality food more accessible with its "Fast Fine" dining model. Its Multi-Restaurant Ordering feature allows customers to order from up to 30 different restaurants in a single order, with each item prepared to finish at the same time for joint delivery. The platform currently operates 28 locations in the Northeastern US and plans to open seven more by the end of the year.

Lore said: "Wonder's acquisition of Grubhub continues our mission to make great food more accessible. As we enhance our customer experience with selection, speed and variety, we're excited to soon offer a curated selection of Grubhub's restaurant partners directly in the Wonder app, alongside our owned and operated restaurants and meal kits. 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."

Grubhub's CEO, Howard Migdal, added: "I am incredibly excited for Grubhub to join forces with Wonder and bring more value to our diners, merchants and delivery partners. Since our earliest days, Grubhub has helped restaurants open their doors to new customers, while introducing diners to new cuisines. That's why I'm confident that Grubhub will complement Wonder's mission to make great food more accessible and that together we will create remarkable dining experiences for more customers across the country."

#Wonder #Grubhub #JustEatTakeaway #US #fooddelivery