Just Eat Takeaway.com is adjusting its business strategy by selling Grubhub to Wonder Group for $650M, aiming to focus on more competitive markets.
This deal delivers the right home for Grubhub and its employees. I would like to thank everyone at Grubhub for their contributions to both Grubhub and the wider Just Eat Takeaway.com business.
The sale of Grubhub to Wonder will increase the cash generation capabilities of Just Eat Takeaway.com and will accelerate our growth.
Marc Lore's Wonder aims to transform the food industry with a 'super app' for mealtime, delivering a new 'Fast Fine' experience.
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