Just a week ago, Lore and Wonder announced a $650 million Series D round at a pre-money valuation of $9 billion. <\/p>\n It was February 2023 when yours truly last sat down with Lore to chat about a company he had founded. We were sitting at a new Wonder location in New York City, talking over some items from the Wonder menu. Lore told me about his new vision for a company that began by delivering chef-inspired food on food trucks.\u00a0 <\/p>\n I remember coming away from the conversation thinking the former Walmart US e-commerce chief and Jet.com founder was on to something. <\/p>\n Since that 2023 chat, Wonder has crossed these milestones: <\/p>\n In September 2023, Wonder acquired Blue Apron for $103 million. <\/p>\n In March 2024, Wonder raised $700 million, giving the business a $1.5 billion valuation. <\/p>\n In November 2024, Wonder bought Grubhub for $650 million.\u00a0 <\/p>\n In November 2025, Wonder bought Spyce Robotics from Sweetgreen for $186 million, gaining its infinite makeline kitchen technology.\u00a0 <\/p>\n On Wonder’s IPO plans, Lore said, “I mean, we’ll be ready to go next year. That’s definitely the plan. But you know, we’re just excited and heads down building the business. The quality of the food continues to get better.” <\/p>\n Brian Sozzi<\/a> is Yahoo Finance’s Executive Editor, host of the ‘Power Players With Brian Sozzi’<\/a> podcast and a member of Yahoo Finance’s editorial leadership team. Follow Sozzi on X @BrianSozzi<\/a>, Instagram<\/a>, and LinkedIn<\/a>. Tips on stories? Email brian.sozzi@yahoofinance.com. <\/p>\n Click here for in-depth analysis of the latest stock market news and events moving stock prices<\/a> <\/p>\n Read the latest financial and business news from Yahoo Finance<\/a> <\/p>\n <\/a> Marc Lore speaks onstage during The Playbook with David Meltzer at Fanatics Fest NYC 2026 at Jacob Javits Center on July 18, 2026, in New York City. (Daniel Zuchnik\/Getty Images for Fanatics) \u00b7 Daniel Zuchnik via Getty Images <\/p>\n
<\/a> Wonder is testing drone food delivery in select US locations. (Image: Wonder) <\/p>\n