Wonder Acquires Tastemade Media Company For $90 Million

Wonder, the food delivery startup led by founder and CEO Marc Lore, is acquiring media company Tastemade for approximately $90 million. Founded in 2012, Tastemade produces food, travel, and home content, operating several free, ad-supported streaming TV channels. The deal provides Wonder with a content studio, production company, and advertising platform to enhance brand promotion. Wonder, which has previously acquired Blue Apron and Grubhub, aims to integrate Tastemade’s content into its vision of a mealtime “super app,” leveraging AI to suggest and order meals seamlessly.

AMOUNT: $90,000,000

Wonder HQ: #Edison #NewJersey Tastemade HQ: SantaMonica #California

#VentureCapital #MarcLore #Wonder #Tastemade #TradedVC