Wonder is acquiring Grubhub
about.grubhub.com
Wonder is acquiring Grubhub
1–10 of 169 posts
Re: Wonder is acquiring Grubhub
#2How do these deals work?
I am assuming, and I could be very wrong, that Wonder is smaller by market cap than Grubhub.
Re: Wonder is acquiring Grubhub
#3Those weird ghost kitchen things have more than half a billion dollars to spend on acquisitions?!
I wonder how this came to be - did they already have that big of a war chest, or did they hear they could buy a name brand and go back to their investors to finance it?
Re: Wonder is acquiring Grubhub
#4Mentions the $650mln they'll pay Just Eat for it, neglects the fact Just Eat paid $7.3bln. Quite the write down. And in just 4 years.
Re: Wonder is acquiring Grubhub
#5Those weird ghost kitchen things have more than half a billion dollars to spend on acquisitions?! I wonder how this came to be - did they already have that big of a war chest, or did they hear they could buy a name brand and go back to their investors to finance it?
Grubhub has revenue, which means they might be able to finance the acquisition with debt.
Re: Wonder is acquiring Grubhub
#6At first blush, this might seem like another silly roll-up. However, I believe in Marc Lore completely and it will be interesting to see what this becomes. This is bad news for DoorDash (imo).
Re: Wonder is acquiring Grubhub
#7Discussion (26 points, 3 hours ago, 63 comments) https://news.ycombinator.com/item?id=42127304
Re: Wonder is acquiring Grubhub
#8Those weird ghost kitchen things have more than half a billion dollars to spend on acquisitions?! I wonder how this came to be - did they already have that big of a war chest, or did they hear they could buy a name brand and go back to their investors to finance it?
Grubhub has revenue, which means they might be able to finance the acquisition with debt.
[flagged]
Re: Wonder is acquiring Grubhub
#9Those weird ghost kitchen things have more than half a billion dollars to spend on acquisitions?! I wonder how this came to be - did they already have that big of a war chest, or did they hear they could buy a name brand and go back to their investors to finance it?
I see this is as simply buying scale more quickly than they could grow organically.
Re: Wonder is acquiring Grubhub
#10Mentions the $650mln they'll pay Just Eat for it, neglects the fact Just Eat paid $7.3bln. Quite the write down. And in just 4 years.
Where did all the money go?