Streetbeat News

GRUB

Just Eat Takeaway.com N.V.

https://corporate.takeaway.com/

CEO

Jitse Groen

Industry

All Other Telecommunications

Open

6.17

Mkt cap

N/A

Volume

9.4M

High

7.32

P/E Ratio

N/A

52-wk high

36.00

Low

5.79

Div yield

N/A

52-wk low

5.57

Just Eat Takeaway.com has sold Grubhub for $650 million, significantly less than the $7.3 billion it paid for the company three years ago.

Portfolio Pulse from

November 14, 2024 | 11:15 am

Just Eat Takeaway has sold Grubhub to the food delivery startup Wonder for $650 million, marking a 90% loss after a two-year search for a buyer.

Portfolio Pulse from

November 13, 2024 | 12:15 pm

Just Eat Takeaway.com NV has sold its US-based business, Grubhub, to Wonder Group Inc for $650 million, significantly less than the $7.3 billion it paid three years ago. The deal includes net cash proceeds of up to $50 million and the transfer of $500 million in Grubhub senior bonds.

Portfolio Pulse from

November 13, 2024 | 8:15 am

A New York state appeals court has ruled that food delivery companies Uber Technologies Inc. (UBER), DoorDash Inc. (DASH), and Grubhub Inc. (GRUB) must pay their workers a minimum hourly wage of $17.96. The court rejected the companies' attempts to overturn a previous ruling, enforcing the minimum pay rule. The companies expressed disappointment and are considering further actions. Following the news, UBER's stock dropped by 2%, DASH by 1.5%, and GRUB by 1.8%.

Portfolio Pulse from Benzinga Neuro

December 03, 2023 | 4:54 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.