Just Eat grows its presence in Latin America
Online takeaway group Just Eat is preparing to push into Mexico with yesterday’s acquisition of the country’s leading takeaway group.
SinDelantal Mexico will expand Just Eat’s business into its thirteenth country as the group looks to grow in the Latin American takeaway market.
“We are delighted to be entering the thriving Mexican market, which offers exciting growth opportunities and strengthens our international portfolio,” said Just Eat chief executive David Buttress.
Just Eat also upped its stake in a joint venture with iFood, Brazil’s leading takeaway delivery group, from 25 per cent to 30 per cent. “An increased stake… supports our commitment to building on our strategy to develop market leading positions and offer more consumers the benefits of a great online takeaway experience with Just Eat,” added Buttress.