Grubhub reportedly in talks to be acquired by Marc Lores Wonder startup

Wonder, a food-delivery startup led by former Walmart executive Marc Lore, is in advanced talks to buy Grubhub from Amsterdam-based Just Eat Takeaway.com, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.The European company had acquired Grubhub in 2020 in an all-stock deal for $7.8 billion, creating the world’s largest food delivery company outside China at the time.A deal for Grubhub could be finalized imminently, assuming the talks do not fall apart, the report said, adding that Grubhub is likely to be valued below $1 billion in any deal.Buying Grubhub could lift Wonder’s revenue and offer a direct source delivery drivers and related technology, the report said.Grubhub, Just Eat Takeaway and Wonder did not immediately respond to Reuters requests for comment....