Just Eat Takeaway.com sells Grubhub to Wonder Group for $650 million

LONDON: Just Eat Takeaway.com N.V. (LSE: JET, AMS: TKWY) has entered into a definitive agreement to sell Grubhub Inc. to Wonder Group, Inc. for an enterprise value of USD650 million. Transaction highlights ·      Agreement to sell Grubhub to Wonder for an enterprise value of USD650 million; ·      Grubhub will be transferred with its USD500 million…

Wonder Group, a startup founded by ex-Walmart e-commerce chief, lands $100mn deal with Nestle

Wonder Group, a food-delivery startup that sells high-tech kitchen equipment and customized ingredients to businesses, has received a $100 million investment and a strategic partnership from Nestle, the world’s largest food and beverage company, CNBC said. The deal, which was confirmed by both companies but not disclosed publicly, will help Wonder expand its reach and…