Just Eat to not reappoint COO amid allegations of misconduct May 4, 2022 Just Eat’s board has withdrawn the opportunity to reappoint its chief operating officer, following allegations of personal misconduct at a company event. Jörg Gerbig, COO and member of the management board, has been the subject of a formal complaint over his behaviour, Just Eat said in a statement today. An investigation into the claims is [...]
Just Eat: Takeaway giant embarks on £132m share buyback scheme after 14 per cent dip in orders April 19, 2023 Just Eat will undergo a €150 million (£132m) share buyback scheme after the takeaway giant posted a 14 per cent loss in orders in the first leg of the year. The Danish company said that it was impacted by a “difficult pandemic comparison” as an end to lockdowns and a tightening on consumer spending pushed [...]
Just Eat’s Grubhub sale goes sour as tech shares continue to slip May 29, 2022 Just Eat's sale of Grubhub may be scuppered as brutal market movements wipe £5bn off its valuation and bosses prepare for a major writedown.
Just Eat sells £1.5bn stake in Brazilian food delivery giant August 19, 2022 Delivery giant Just Eat Takeaway has sold its stake in Brazilian counterpart iFood for €1.8bn (£1.5bn) to local internet company Movile. The 33 per cent stake in iFood, which has dominated the market share in Brazil, will bolster Movile’s food ordering and delivery segment, although it also operates across ticketing and logistics. The deal includes [...]
Just Eat: Takeaway delivery giant’s shares rise over 10 per cent despite reporting a drop in orders January 18, 2023 Shares in Just Eat Takeaway.com rose this morning after the food delivery company reported a positive outlook for the year ahead. Shares in the firm jumped despite the fact the Amsterdam-headquartered firm reported a fall in orders towards the end of last year. The total value of orders placed on Amsterdam-based Just Eat’s platform globally [...]
Just Eat offers restaurants bikes, loans and cashback as they falter amid historic inflation July 14, 2022 Just Eat has unveiled a £1m support package with financial support for its independent restaurant partners as they struggle amid inflationary pressures. Small, independent firms in the UK will be able to access the support package, which includes marketing and financial support – that does not need to be re-paid. Businesses have been struggling in [...]
Gaucho and M boss: Eat out with a clear conscience – or just eat at home April 21, 2022 THE owner of working lunch institutions Gaucho and M has said he’d rather eat at home if he can’t eat out with a clear conscience.Martin Williams, the restaurateur behind Rare Restaurants, told City A.M. yesterday that he would only be serving carbon-neutral beef from now on as consumers demand more from where they’re eating. “Our [...]
Just Eat slashes profit guidance for year and mulls sale of Grubhub April 20, 2022 Just Eat has said it has lowered its profit guidance for the year and is mulling the sale of its US arm Grubhub. The delivery service said that “management is currently, together with its advisers, actively exploring the introduction of a strategic partner into and/or the partial or full sale of Grubhub.” “There can be [...]
Domino’s pins hopes on World Cup boost and Just Eat tie-up after VAT hit eats away sales November 10, 2022 Domino’s Pizza said this morning the company saw sales fall after a VAT hit and as it came up against last year’s boost from the Euro football tournament, but is eyeing a strong end to 2022 amid the upcoming World Cup. The UK and Ireland takeaway pizza giant saw like-for-like system sales, excluding so-called split [...]
Just Eat teams up with McDonald’s to drive home delivery efficiencies March 22, 2022 European takeaway giant Just Eat Takeaway.com has entered a "long-term global strategic partnership" with McDonald's as the delivery firm tries to remain profitable in a post-pandemic world.