Index Ventures backs Daniel Gandesha’s tech start-up Property Partner March 23, 2015 Index Ventures, the venture capital firm behind Just Eat and Candy Crush Saga-maker King Digital, has given £5.2m backing to a crowdfunding platform that allows retail investors to tap into the UK’s residential market. Property Partner, founded by the ex-head of startup investment at BSkyB Daniel Gandesha, gives smaller backers the chance to invest sums [...]
Korma blimey! Just Eat gobbles up the market March 17, 2015 Despite a wobbly start, takeaway portal Just Eat has gone from strength to strength. Just Eat has been connecting hungry customers with their local takeaway restaurants for the past 14 years. “We’re like your best friend, letting you know which is the best Chinese or Indian restaurant in your area,” said Just Eat [...]
Just Eat had a great 2014, and this year is looking just as good as international expansion continues March 17, 2015 Just Eat had a year of growth, with users, revenue and orders reaching new heights. The figures Just Eat's revenue for the year ended 31 December was £157.0m, marking a 62 per cent increase from 2013's figure of £96.8m. This was driven by a 52 per cent increase in orders and a 37 per [...]
Just Eat grows its presence in Latin America February 16, 2015 Online takeaway group Just Eat is preparing to push into Mexico with yesterday’s acquisition of the country’s leading takeaway group. SinDelantal Mexico will expand Just Eat’s business into its thirteenth country as the group looks to grow in the Latin American takeaway market. “We are delighted to be entering the thriving Mexican market, which offers [...]
Just Eat takes away 50pc jump in its like-for-like orders in 2014 January 14, 2015 ONLINE takeaway service Just Eat yesterday reported a 50 per cent jump in like-for-like orders in 2014. The company, which listed in London last April, said total orders grew 52 per cent, including those from its French business Alloresto.fr. David Buttress, the chief executive of Just Eat, said this “provides an excellent base for further [...]
Just Eat orders jump 50 per cent January 14, 2015 Online takeaway group Just Eat's share price rose as much as 3.9 per cent after it announced like-for-like orders leapt by 50 per cent last year. The London-listed firm also said total orders swelled 52 per cent, including orders from its French business (Alloresto.fr) from July onwards. Orders surged on ongoing investment across a range of [...]
Just Eat shares plummets as founding shareholders sell 7.7 per cent stake December 3, 2014 Takeaway site Just Eat became the biggest faller on the FTSE 250 this morning, after its founding shareholders sold a 7.7 per cent stake in the company. Shares fell 8.64 per cent to 309p in mid-morning trading as it emerged shareholders including Index Ventures, SM Trust and Vitruvian Partners sold off part of their share [...]
Just Eat’s third quarter orders soar as takeaway firm delivers November 3, 2014 ONLINE takeaway food service Just Eat saw orders jump by more than half from July to September, leaving chief executive David Buttress “very pleased” with the company’s third quarter performance. On a like-for-like basis, the company yesterday said in an interim management statement that orders had increased by 51 per cent in the third quarter. [...]
Just Eat share price rises as it celebrates 51 per cent surge in orders November 3, 2014 Shares in newly-listed online takeaway marketplace Just Eat rose 2.8 per cent in early trading as it reported a large surge in orders during its third quarter, with like-for-like orders up 51 per cent. Total orders rose 56 per cent, rounding off a positive interim statement. The company said its strong performance "reflect[ed] both the [...]
Just Eat profits sizzle in maiden results as mobile orders soar August 12, 2014 SHARES in the world’s largest online takeaway service, Just Eat, rocketed yesterday after it reported an almost 200 per cent jump in half-year profit as the business expanded in Britain and Denmark, its two biggest markets. Just Eat, which joined the London stock market in April, added more restaurants to its network and benefited from [...]