DoorDash invests $425M in Wonder, buys its campus dining unit
DoorDash is putting $425 million into Marc Lore's food tech company Wonder, split between a $300 million purchase of Wonder's Grubhub Campus Dining business and a $125 million addition to Wonder's Series D funding round. Wonder, a ghost-kitchen chain that lets customers order from multiple restaurant brands under one roof, has been rapidly expanding, now operating 157 locations after quadrupling its footprint since early 2025. DoorDash plans to grow the acquired campus dining service, currently active at 450 schools, into stadiums, hotels and other venues.