this post was submitted on 13 Nov 2024
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31
Just Eat is selling Grubhub to Marc Lore’s Wonder for $650M (www.theverge.com)
submitted 1 week ago by cyrano@lemmy.dbzer0.com to c/technology@lemmy.world
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[–] Gingerlegs@lemmy.world 11 points 1 week ago (2 children)

To be clear, they are buying Grubhub for $150 million, and taking on 500m in Grubhub debt.

Lol, $150million.

[–] cyrano@lemmy.dbzer0.com 5 points 1 week ago (1 children)

Yeah especially Four years ago it was worth $7.3 billion https://edition.cnn.com/2024/11/13/investing/grubhub-sale-wonder/index.html

[–] catloaf@lemm.ee 9 points 1 week ago

Four years ago was during COVID.