Katy Perry is the new face of Just Eat Takeaway TEENAGE DREAM Popstar Katy Perry has been revealed as the new face of Just Eat Takeaway, stepping into Snoop Dogg’s shoes. In a new advert for the food delivery firm, the US singer has remixed the company’s ‘Did Somebody Say… Just Eat’ jingle. “Working with Just Eat was a really fun and natural experience. Coincidentally most of [...]
Just Eat urged to spin off Grubhub ‘quickly’ at AGM as shares plunge after investigation into top boss JUSTEAT AGM Just Eat Takeaway shareholders approved resolutions to reappoint key board members despite criticism from its activist investor. The delivery service made headlines ahead of its AGM on Wednesday morning, with news of the departure of its chairman and an investigation into its COO. However, despite pressure from activist investor Cat Rock last month, shareholders of [...]
Activist Cat Rock urges Just Eat Takeaway shareholders to drive out board JUST EAT DEBACLE Activist investor Cat Rock Capital has written to Just Eat Takeaway’s shareholders and outlined its concerns in a failure of leadership. Shareholders have been urged to vote against the chief financial officer and legacy supervisory board at the delivery firm’s next AGM. Potential in the company was going to waste due to “poor capital allocation, [...]
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 [...]
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.
Letters: Just Eat just working hard March 7, 2022 [RE: Just Eat revenue jumps a third as it mulls pulling out of Portugal and Norway, March 2] This week’s results from Just Eat were by no means the result of trend or chance; Just Eat worked to fill an important gap in the delivery market for consumers: experience. Their business model delivers on high [...]
London faces logistics space crunch as e-commerce firms take over city March 4, 2022 London would run out of available industrial space within five months, should the current take-up rate continue, amid an e-commerce boom. The capital and the South East are facing running out of industrial and logistics spaces, according to a report published today by London First, in partnership with CBRE. It comes as the pandemic has [...]
Just Eat chief says Nasdaq departure doesn’t spell Grubhub sale February 13, 2022 Just Eat chief Jitse Groen has said that the firm’s decision to de-list from the Nasdaq should not be taken as an indication of plans to sell its Grubhub subsidiary. The firm first launched in US markets in June last year as it snapped up US delivery firm Grubhub for $7.3bn, but said it would [...]
Just Eat enters grocery delivery market race with Asda deal December 17, 2021 Just Eat has waded into the escalating market battle over rapid grocery deliveries, unveiling a deal with supermarket chain Asda.
Deliveroo shares sink to record lows amid fears of EU gig economy crackdown December 6, 2021 Shares in Deliveroo slumped as much as 9.6 per cent this morning following reports of the European Commission’s proposed labour rule changes that would influence rider remuneration. European rivals Just Eat and Delivery Hero also fell around 6 per cent on fears that the strict new rules could hamper their profitability. It comes just days [...]