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...
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,...
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.