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DoorDash buys Grubhub Campus Dining for $300 million

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Story summary
  • DoorDash is investing $125 million and acquiring Wonder’s Grubhub Campus Dining business for $300 million.
  • The transaction adds DoorDash to Wonder’s $650 million Series D financing round.
  • Wonder runs 157 ghost-kitchen sites in ten Eastern states and Washington D.C., serving 450 colleges.
  • DoorDash will expand Grubhub Campus Dining to stadiums, hotels and other venues.
  • The partnership will fund AI, robotics and the Infinite Makeline automated bowl-maker.