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Wonder is acquiring Grubhub

about.grubhub.com

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Re: Wonder is acquiring Grubhub

#12

Post by Retric »

popcalc wrote: post #10
jaymzcampbell wrote: post #4

Mentions 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?

Earlier investors. Ever hear of pump and dump? After you sell you’re insulated from future performance as long as you don’t commit actual fraud etc.

Re: Wonder is acquiring Grubhub

#13

Post by rpcope1 »

popcalc wrote: post #10
jaymzcampbell wrote: post #4

Mentions 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?

Well, when you're in the business of selling a dollar for eighty cents, all the money probably got flushed down the toilet.

Re: Wonder is acquiring Grubhub

#14

Post by darth_avocado »

rpcope1 wrote: post #13
popcalc wrote: post #10

Earlier quoted context omitted.

Where did all the money go?

Well, when you're in the business of selling a dollar for eighty cents, all the money probably got flushed down the toilet.

You get $10/month dining credits if you’re an Amex card holder. Imagine the cost of all promotions.

Re: Wonder is acquiring Grubhub

#16

Post by Centigonal »

snarf21 wrote: post #6

At 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).

I could see a world where Doordash, Toast, etc specialize in delivery from existing restaurants, while Wonder/GrubHub lean into an exclusive selection of food from ghost kitchens.
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