Wonder Adds a Media Company To Its Portfolio
Marc Lore is not a timid man. He started Wonder in 2018 with a vision of a nationwide network of food halls. In 2023 he added Blue Apron for meal kits. Last year he acquired Grubhub for delivery. And this week he onboarded digital media company Tastemade for content...
Grubhub Lays Off 500 Employees After Wonder Integration
Grubhub announced on Feb. 28 that it’s laying off 500 employees as part of its integration with its new owner, Wonder. CEO Howard Migdal explained in an open letter that to “achieve our ambition, we must prioritize the right work and execute with speed and...
Profitability at Last? Global Delivery Platforms Path to Financial Sustainability
Contributing editor, Peter Backman, is a long-term foodservice sector guru and founder of theDelivery.World, a platform that connects the delivery sector and makes sense of the myriad changes and challenges that affect the sector across the globe. The long-awaited...
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...
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.