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Evening Standard
Evening Standard
Business
Alex Daniel

Just Eat sells US business Grubhub for 650m dollars at steep discount

Just Eat notched its best UK sales performance for three years (Alamy/PA) -

Just Eat has sold its US business Grubhub to the food delivery startup Wonder for 650 million dollars (£502.5 million), more than two years after it announced plans for a sale.

The price tag represents a roughly 6.65 billion dollar (£5.22 billion) discount, after Just Eat bought Grubhub for 7.3 billion dollars (£5.73 billion) in 2020, during the pandemic-fuelled boom in delivery firms.

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