Just Eat is selling Grubhub to Marc Lore’s Wonder for $650M (www.theverge.com)
from cyrano@lemmy.dbzer0.com to technology@lemmy.world on 13 Nov 19:29
https://lemmy.dbzer0.com/post/31451066

#technology

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Gingerlegs@lemmy.world on 13 Nov 21:01 next collapse

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

Lol, $150million.

cyrano@lemmy.dbzer0.com on 13 Nov 21:04 collapse

Yeah especially Four years ago it was worth $7.3 billion edition.cnn.com/2024/11/13/…/index.html

catloaf@lemm.ee on 13 Nov 21:33 collapse

Four years ago was during COVID.

Alexstarfire@lemmy.world on 13 Nov 21:58 collapse

You mean people don’t like paying 50-100% more for food? And having it be subpar because of delivery times. I’m shocked. When they had a lot of deals going on it wasn’t so bad, but that’s mostly over.

About the only time I “use” them is when restaurants basically use them as their online menu.

AbidanYre@lemmy.world on 14 Nov 01:17 collapse

One of the restaurants by me let’s you use either GrubHub or chownow when you order online. The prices are like 20% different between the two. It’s been a while so I forget which one is the more expensive.