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Image Credit: Guardian

Just Eat Takeaway to sell US arm Grubhub at a loss of more than $6.5bn

  • Just Eat Takeaway is selling Grubhub to Wonder for $650m.
  • Just Eat Takeaway bought Grubhub in a $7.3bn deal in 2020.
  • Just Eat Takeaway decided to sell Grubhub due to tough competition and fading pandemic boost.
  • Wonder plans to create a super app for meal time by combining Wonder and Grubhub.

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