Saudi family offices of Watar Partners co-invested $700 million in New York food business
Watar Partners, a Saudi advisory firm for private family offices, has participated in a $700 million investment in Wonder, a New York based food delivery business.
Established in 2018, Wonder is a food delivery enterprise offering access to a variety of restaurants within a single order. It was founded by serial entrepreneur and former Walmart e-commerce chief Marc Lore. (Watar Partners, established in 2014, provides financial advisory services to the private investment offices of select families. It has offices in Saudi Arabia and UAE and is led by Abdulwahab A Al Betairi, Tarek Al-Rumaim and Muhammad Humayun Latif)
Watar Partners is listed in the Middle East Investors Directory with the code AJ27.