Wonder Acquires Grubhub for $650 Million

Wonder Acquires Grubhub for $650 Million

Wonder, the food hall and delivery startup founded by Marc Lore acquired Grubhub for $650 million. The deal, expected to close in the first quarter of 2025, includes $500 million in senior notes and $150 million in cash. Wonder also announced an additional $250...
Wonder’s Next Pivot: Buying Blue Apron

Wonder’s Next Pivot: Buying Blue Apron

Nine months after rolling beyond its van-based business model to focus on building a brick-and-mortar presence, Wonder has purchased Blue Apron for $103 million, one of the best known brands in the meal-kit category. Wonder Group was founded by entrepreneur Marc Lore,...