Wonder, a food-delivery startup Grubhub is in advanced talks to buy Amsterdam-based Just Eat Takeaway.com, led by former Walmart executive Marc Lore. The Wall Street Journal reported on Tuesday, citing people familiar with the matter.
European company had acquired Grubhub in 2020 The $7.8 billion all-stock deal created the world’s largest food distribution company outside China at the time.
A deal for Grubhub could be finalized soon, assuming negotiations don’t fail, the report said, adding that any deal would have to value Grubhub at less than $1 billion. is likely to.
Buying Grubhub could increase Wonder’s revenue and offer direct source delivery drivers and related technology, the report said.
Grubhub, Just Eat Takeaway and Wonder did not immediately respond to Reuters requests for comment.
