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 Invests Further in Delivery, Acquires Relay
After a year-long partnership, Wonder has acquired Relay, a New York City-based delivery service. The move is part of the food hall concept’s strategy to streamline delivery operations. Relay maintains its own fleet of contracted couriers, mainly on bikes,...
Marc Lore’s Wonder Opens the First of Four Food Halls Inside Walmart
Marc Lore is hooking up with Walmart again. The former head of e-commerce for the retail giant is introducing his upscale food hall concept, Wonder, to four Walmart locations over the next few months. The delivery and takeout-focused startup sells high-quality meals...
Wonder Closes Blue Apron Buyout for $103M
Wonder founder Marc Lore sees something in meal kits that has so far eluded the best known players in the category. After announcing his intent to purchase Blue Apron in October, Wonder Group officially closed the deal for $103 million, a far cry from its previous...
Outstanding Operators
Food On Demand Outstanding Operators features restaurant brands with innovative operations that are taking creative paths to success with delivery and all things off-premises.