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Wonder Prepares IPO to Fund Nationwide Expansion and Subscription

By Drooid · · How we work

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Story summary
  • Wonder, founded by Marc Lore, is preparing an IPO to fund nationwide expansion.
  • It will launch a subscription service.
  • It will expand into Texas, covering urban, suburban and rural markets.
  • Ownership of Grubhub lets Wonder customers avoid delivery fees and keep menu prices low.
  • Wonder has raised $3.3 billion total and its Series D valued the firm at $9 billion.