Wonder, the food hall and delivery company founded by Marc Lore, confidentially submitted a draft S-1 to the SEC for an IPO but hasn’t set a share count or price range. Wonder last raised a $650 million Series D in July at a $9 billion pre-money valuation, which it said would fund new restaurants, its marketplace, and investments in robotics and AI. Wonder’s biggest acquisition was Grubhub for $650 million, and it has also bought Blue Apron for $103 million, Sweetgreen’s Infinite Kitchen robotics business for $186 million, and New York barbecue chain Mighty Quinn’s. The IPO filing came the same day Grubhub lost its deal with Amazon, which gave Prime members a free Grubhub+ membership until Amazon moved its restaurant delivery perk to Uber Eats.
