<ul><li>Just Eat Takeaway.com is selling its U.S. business Grubhub to Wonder Group for $650 million, a significant decrease from the $7.3 billion it paid for the company four years ago.</li><li>The deal is expected to close in Q1 2025, with Grubhub expecting proceeds of $50 million and Wonder assuming $500 million of Grubhub's debt.</li><li>The divestiture is a result of the unprofitability of food and grocery delivery businesses following the decline in demand after the COVID-19 pandemic.</li><li>Wonder aims to create a super app for food delivery by integrating Grubhub's restaurant partners into their platform.</li></ul>

After years of trying, Just Eat Takeaway is selling Grubhub to Wonder for $650M

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