GrubHub Owner Wonder Eyes $9 Billion Valuation in New Funding Round
AI Summary
GrubHub / Blue Apron owner Wonder is reportedly arranging hundreds of millions of dollars in new funding. That’s according to a Wednesday (July 8) report from The Information, which said the round—potentially Wonder’s last before going public—could value the company at $9 billion. Wonder has arranged to give investors extra shares if its stock price in an initial public offering (IPO) is less than 1.5 times the price of shares in this round, the report said, citing regulatory filings.
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