Just Eat Takeaway forecasts order growth after bumper year March 10, 2021 Just Eat Takeaway today said it expected further growth in orders in 2021 after the pandemic helped drive a sharp rise in revenue for the year. The food delivery group hailed an “exceptional” 2020 after posting revenue of €2.4bn (£2bn), up 54 per cent from €1.6bn in the previous 12 months. The company said it [...]
Just Eat splurges £5m on Snoop Dogg as Covid delivers results January 13, 2021 Orders to Just Eat grew by 58 per cent in Q4 2020, marking the third consecutive quarter of order growth acceleration. Delivery orders in the UK grew by a whopping 387% in the fourth quarter of 2020 compared with the same period in 2019, as the UK again entered a national lockdown and coronavirus restrictions [...]
Winners and losers: Stocks soaring AND plummeting as Pfizer reports Covid-19 vaccine breakthrough November 9, 2020 US pharma giant Pfizer reporting today that early studies of its Covid-19 vaccine are 90 per cent effective has sent markets into a frenzy, with travel and hospitality stocks shooting up while food delivery services and video conferencing software providers plummeted. Jet engine maker Rolls-Royce saw the biggest change on the FTSE 100, surging 43 [...]
Just Eat Takeaway’s order growth surges as delivery demand continues to soar October 14, 2020 Just Eat Takeaway (JET) said the surge in online food orders caused by the coronavirus pandemic continued into the third quarter, with orders jumping 46 per cent compared to a year earlier. Order growth accelerated from the jump of 32 per cent the European food delivery giant recorded in the first half of 2020. In [...]
Just Eat Takeaway shareholders back Grubhub deal but reject US chief’s pay October 7, 2020 Shareholders of online food delivery giant Just Eat Takeaway have approved its proposed $7.3bn (£5.6bn) acquisition of US rival Grubhub, but rejected a pay package for the company’s US chief executive. The group agreed to buy Grubhub in June in an all-share deal that would make the combined group the biggest food delivery company outside [...]
Just Eat Takeaway sales soar during coronavirus lockdown August 12, 2020 Food delivery giant Just Eat Takeaway saw revenue soar 44 per cent in the first half of the year as consumers ordered food at home while restaurants closed during lockdown. The figures Revenue was up 44 per cent to €1bn as lockdown restrictions forced restaurants to close and consumers were told to stay at home. [...]
CMA clears £6.2bn Just Eat Takeaway merger April 23, 2020 Just Eat and Takeaway.com received the green light to complete their £6.2bn merger today. UK watchdog t he Competition and Markets Authority (CMA) found the tie-up would not lessen competition in the food delivery space. The CMA said it was “satsified there are no competition concerns”. Takeaway.com fought off a rival bid from Dutch rival [...]
Competition watchdog revokes ban on Takeway.com and Just Eat integration April 16, 2020 Just Eat Takeway has been given the go-ahead to integrate the two food delivery businesses after the UK’s competition watchdog revoked an order to keep the firms separate. The Competition and Markets Authority (CMA) issued an initial enforcement order in January, which prevented the two food delivery firms from integrating their businesses. Amsterdam-based Takeaway.com bought [...]
Just Eat Takeaway orders soar 50 per cent amid coronavirus lockdown April 9, 2020 Just Eat Takeaway orders soared 50 per cent in the first quarter of the year as more people opted for food deliveries after governments imposed restrictions on movement due to the coronavirus crisis. Just Eat Takeaway also said it suffered “severe” denial of service attacks in the week beginning 16 March which affected hundreds of [...]
Coronavirus: Just Eat and Deliveroo offer contactless delivery March 13, 2020 Food delivery services have launched contactless delivery options to prevent the spread of coronavirus. Takeaway.com, the Dutch company that recently bought Just Eat, and Deliveroo have both committed to providing deliveries without physical contact. Takeaway said the measure is applicable to all restaurants on its platform throughout Europe. Drivers are being instructed to ring the [...]