Breaking News: Just Eat Sells Grubhub to Marc Lore's Innovative Startup Wonder for $650M!

In a major shakeup for the food delivery industry, Just Eat has announced the sale of Grubhub to Wonder, an ambitious food hall delivery startup founded by renowned entrepreneur Marc Lore, for a staggering $650 million. This high-profile transaction is anticipated to finalize in the first quarter of 2025, pending regulatory approvals.

Marc Lore, the former CEO of Walmart's e-commerce division and part-owner of the Minnesota Timberwolves, has positioned Wonder to revolutionize how we experience food delivery. Initially conceived as a multi-restaurant food truck service, Wonder has transformed into modern food hall hubs. Here, skilled staff whip up gourmet dishes from pre-prepared meals designed by celebrity chefs, including culinary legends like Bobby Flay. With the Wonder app, customers can order from an array of 'upwards of 30 restaurants,' creating a diverse meal experience all in one delivery.

The integration of Grubhub into Wonder's ecosystem is set to create a game-changing app for food lovers. Lore has announced plans to roll out a “super app for mealtime,” featuring a handpicked selection of Grubhub's extensive roster of restaurant partners directly on the Wonder platform. This innovative approach will also include grocery items, meal kits—thanks to Wonder's ownership of Blue Apron—and a seamless delivery experience that marries convenience with luxury dining.

Wonder, which currently operates 28 locations across the Northeastern United States—including bustling New York City—plans to ramp up its presence with an additional seven locations by the end of this year. This strategic acquisition is not just a business move; it's a bold statement about the future of food delivery.

It's worth noting that Just Eat had acquired Grubhub for over $7 billion just two years ago, highlighting the significant shift the market is experiencing. As Wonder prepares to dominate the food delivery landscape, consumers can keep their eyes peeled for this exciting evolution in how we enjoy our meals from home.

Stay tuned for the next chapter in this thrilling culinary saga!