Just Eat Takeaway sells US unit Grubhub for $650 million By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 13 2024
0mins
Source: Investing.com
Deal Announcement: Just Eat Takeaway has agreed to sell its U.S. unit Grubhub to Wonder for $650 million.
Market Impact: This sale marks a significant move for Europe's largest meal delivery company as it refocuses its business strategy.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
