Wonder completed the acquisition of Grubhub from Just Eat Takeaway for $650m.

Wonder, a food delivery company, completed the acquisition of Grubhub, a food ordering and delivery platform, from Just Eat Takeaway, a global online food delivery marketplace, for $650m. The transaction increases Just Eat Takeaway.com’s ability to support investment in countries in which it has the greatest competitive advantage, improves Just Eat Takeaway.com’s GTV growth and free cash flow generation, and has a positive impact on Just Eat Takeaway.com’s capital structure and liquidity position.