Wonder Tops $9B Valuation, Raises $650M

Wonder tops $9B valuation, raises $650M

The food hall company will use its latest funding round to support its ongoing expansion, marketplace growth and technology investments.

Exclusive: Marc Lore says Wonder is gearing up for an IPO after raising $650 million at a $9 billion valuation

Wonder, which owns Grubhub and Blue Apron, is betting robotics, AI, and a nationwide expansion can reshape restaurant delivery before going public.

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We had a piece the other day about how Marc Lore-owned Wonder, the ghost kitchen/digital commerce/delivery platform that owns GrubHub and Blue Apron, is lining up hundreds of millions of dollars, at a valuation of $9 billion, in what could be its last round before going public. To seal the deal, founder Marc Lore has been offering investors sweeteners – and putting his own money in the pot – to the tune of $200 million. MNB reader Michael Seelig…