Just Eat is selling Grubhub to Marc Lore’s Wonder for $650M

green cursive Wonder logo and orange Grubhub logo with house icon that has a fork and knife inside next to each other Image: Wonder / Grubhub

Just Eat is selling off Grubhub to fancy food hall delivery startup Wonder in a deal worth $650 million. The transaction is expected to close in the first quarter of 2025, subject to regulatory approvals. Wonder is owned by businessman Marc Lore, the former Walmart e-commerce CEO and part-owner of the Minnesota Timberwolves.

Wonder started as a multi-restaurant food truck service delivering fine dining and evolved...

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