- Netherlands-based Just Eat Takeaway is selling the Grubhub business - The buyer of the business for $650 million will be startup Wonder - The deal between the two is expected to close before Q1 2025 - Sale of Grubhub will accelerate growth of Just Eat Takeaway business - The deal will give Grubhub and its employees a future with the company - Just Eat Takeaway acquired Grubhub for $7.3 billion in 2020 - Uber was also considering buying Grubhub at the time - Just Eat Takeaway has long made attempts to sell Grubhub - Selling the Grubhub business has been a very difficult task - The deal will allow Just Eat Takeaway to increase their investment - The focus for them will be markets that are competitive for the service - It will have a positive impact on capital and liquidity - Wonder will create a food delivery superapp based on Grubhub - Its investors include Accel, Google, Nestle, Bain Capital, etc.