JustEat orders to offices soared last month October 7, 2021 JustEat has said orders of delivery food to offices has almost doubled in September, compared to June. The number of companies ordering food to the office last month grew more than 170 per cent when compared to last September. Office delivery sales have increased by more than 150 per cent from July to September, the [...]
Just Eat Takeaway urged to sell Grubhub by activist investor October 25, 2021 Just Eat Takeaway (JET) has been urged to sell or spin-off its US arm Grubhub by an activist investor by the end of the year. Investor Cat Rock Capital has said the food delivery firm’s management “failed to fix the deep and damaging undervaluation of its equity by taking tangible action to unlock the value [...]
Just Eat UK surpasses 1bn orders milestone October 13, 2021 Just Eat Takeaway.com’s financials were boosted in the third quarter of 2021 as Brits swapped home-cooked meals for takeout. The takeaway website processed 266m orders in the third quarter of 2021, representing a 25 per cent jump compared with the same period of 2020 which helped the UK branch of the company reach the milestone [...]
Just Eat cuts deal with One Stop as grocery delivery uptake remains strong December 22, 2021 Just Eat has cut a deal with corner shop chain One Stop, as grocery orders continue to show strong uptake through the app. The food delivery giant, which has capitalised on the pandemic-induced shift towards quick online grocery shopping, will be able to ferry around 500 additional grocery items from One Stop stores. Essentials like [...]
Hungry for more: Just Eat boosts orders by 33 per cent as it targets route to profitability January 12, 2022 Just Eat Takeaway.com (Just Eat) grew 33 per cent to 1.1 billion orders in 2021 with the pandemic boosting sales across online marketplaces.
Just Eat to create 1,500 new jobs in Sunderland August 25, 2021 Just Eat has announced it will create more than 1,500 new customer service jobs in Sunderland as part of a £100m investment in the North East. The British food delivery giant said that recruitment for the roles is underway with 300 positions already filled. The multi-million pound investment will fund a 20,000 square meter workspace [...]
Just Eat Takeaway investor calls for merger as it slams stock performance July 27, 2021 A major investor in Just Eat Takeaway has urged the food delivery platform to explore a potential merger as it took aim at the company’s share price performance. Cat Rock Capital, which holds a 4.7 per cent stake in the group, slammed management’s “deeply flawed communication” with investors, which it blamed for a 28 per [...]
Just Eat and Carnival reported to FCA over lack of climate risk reporting August 18, 2021 Takeaway giant Just Eat and cruise liner Carnival have been reported to the UK’s financial watchdog over failing to report climate change risk to their investors. Since the beginning of this year, the UK’s listed commercial firms have had to disclose their climate-related risks to investors, according to the Financial Conduct Authority’s (FCA) legal requirements. [...]
Just Eat acquires Slovakian food delivery as global expansion continues July 16, 2021 Just Eat Takeaway has announced it will acquire Bistro.sk, a food delivery company in Slovakia, as it expands its global footprint. The deal, approximately valued at €50m, is expected to close later in the year. The Slovakian business operates in a similar format to Just Eat. Its 400,000 customers choose food, from the 2,000 or [...]
Morrisons added to FTSE 100, Just Eat booted from blue-chip index September 2, 2021 British supermarket chain Morrisons is joining London’s premier FTSE 100 index, while takeaway delivery service company Just Eat Takeaway.com has been booted from the benchmark of blue-chip stocks. Engineer Weir Group will also leave the FTSE 100, while defence technology company Meggitt will be added. Meanwhile, on the index of mid-cap companies, the FTSE 250, [...]