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Just Eat Group Holdings Limited

  • 60 Uber Eats and Deliveroo drivers arrested amid Home Office ‘crackdown’ on illegal working

    Home Office crackdown

    Some 60 fast food delivery drivers have been arrested across London as the Home Office cracks down on alleged illegal working.  Gig workers employed through Deliveroo, Uber Eats and Just Eat were arrested between 16-21 April following a “week long crackdown” on illegal workers led by the Home Office.  Following the arrests, the department said [...]

  • Just Eat: Takeaway giant embarks on £132m share buyback scheme after 14 per cent dip in orders

    Just Eat

    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 slashes 1,700 jobs as food delivery giant re-embraces ‘gig economy’ model

    just eat Job losses

    Just Eat has been forced to slash 1,700 delivery driver jobs and 170 head office roles, after the service has seen a slow down in takeaway demand.  The food delivery group, whose rivals include Deliveroo and Uber Eats, said the group was looking to improve efficiency and reduce costs.  Just Eat, which has some 15,000 [...]

  • JustEat: Takeaway orders tumble due to spending pullback but profit outlook raised

    March 1, 2023

    Online food delivery firm Just Eat Takeaway.com has said it returned to underlying earnings last year and expects to remain profitable in 2023 despite seeing a drop in orders as customers cut back. The Amsterdam-based group swung to underlying earnings of 19 million euros (£16.7 million) last year from losses of 350 million euros (£308 [...]

  • Exclusive: London-based Peckwater Brands swallows competitor to become largest virtual food brand in Europe

    January 24, 2023

    Peckwater Brands has acquired its chief competitor eatclever, making it the largest provider of virtual food outlets in Europe. The acquisition has seen Peckwater scooping brands like taste&soul, KoChi and Chicos from its health food-focused competitor, expanding its reach into Germany, Austria and Switzerland in the process. The terms and price of the deal are [...]

  • Food in 30 minutes: Sainsbury’s is latest to strike delivery deal with on-demand app Just Eat

    January 16, 2023

    Sainsbury’s shoppers can prepare for groceries at the doorstep in just 30 minutes after as Britain’s second largest supermarket struck a deal delivery app with Just Eat. With the Just Eat app, customers will be able to order items from Sainsbury’s and have them arrive at their doorstep in under half-an-hour.  The on-demand service will [...]

  • Just Eat gets standard stock listing

    December 20, 2022

    Food delivery app Just Eat switched to a standard listing on the London Stock Exchange. Previously, it held a ‘premium listing’. A premium listing comes with additional caveats and with the standard listing, trade for Just Eat stocks is easier. Along with its listing on LSE, it remains listed Euronext Amsterdam. The company holds 45 [...]

  • Just Eat Takeaway returns to profit despite warning of ‘challenging’ consumer backdrop

    October 19, 2022

    Just Eat Takeaway has returned to profitability earlier than expected, although the food delivery platform warned of a “challenging” consumer backdrop in the months to come.  The London-based firm said it processed 235m orders in the third quarter of 2022, an 11 per cent dip on the year previously, with bosses pointing to the end [...]

  • Just Eat appoints new executives as it eyes up profit

    September 29, 2022

    Just Eat has appointed two new chiefs to its top team today as it angles in on profitability this year and looks to capitalise on a positive first six months trading.

  • Revenue climbs for Just Eat despite dwindling order numbers

    August 3, 2022

    Orders dipped seven per cent in the first half of 2022 for Just Eat Takeaway.com as the delivery giant struggles to keep up with pandemic hype.

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