Just Eat and Takeaway.com agree terms on £8.3bn merger August 5, 2019 Just Eat and merger partner Takeaway.com have agreed terms on a $10bn (£8.3bn) merger, valuing the former’s shares at 731p. However, that figure falls below the 736p figure shares hit at the close of London Stock Exchange trading last Friday, raising the possibility that a rival bidder could emerge. Read more: Just Eat profits plunge [...]
Just Eat profits plunge 98 per cent on delivery investment July 31, 2019 Just Eat saw profits plummet in the first half of this year due to investment in its delivery platform, however revenue was up as more customers signed up to the takeaway app. The figures Profit before tax plunged 98 per cent from £48.1m to £800,000. Revenue was up 30 per per cent from £358.3m to [...]
Just Eat share price jumps as it agrees key terms in £9bn Takeaway.com merger July 29, 2019 Food delivery site Just Eat and Dutch business Takeaway.com today confirmed they had agreed key terms for their possible £9bn all-share merger. Read more: Just Eat shares fall after Amazon makes multi-million dollar investment in Deliveroo Following completion of the deal Just Eat shareholders would own approximately 52.2 per cent of the company and Takeaway [...]
Just Eat ready to serve up £9bn merger with Takeaway.com July 27, 2019 Just Eat is in talks over a £9bn merger with a rival based in Holland. The London-listed food delivery service and Takeaway.com have been in discussions for several weeks. Read more: Sports Direct hit by £605m tax bill and ‘terminal’ House of Fraser issues An agreement should be agreed as soon as the end of [...]
Asda and Just Eat launch express grocery delivery service July 3, 2019 Asda is partnering with Just Eat to launch a grocery delivery service that will enable customers to order products to their door in just half an hour. The grocers is also planning to roll out a pizza delivery service to 50 stores by the end of the year following a successful trial in 2018. Read [...]
Why Domino’s Pizza sell-off was overcooked May 14, 2019 | City Talk By Graeme Evans from interactive investor. Hungry bargain hunters gobbled up shares in Domino's, correctly betting than an early slump was unfair. After selling 12 pizzas every second on New Year's Day, the rest of 2019 certainly hasn't panned out in the same emphatic fashion for Domino's Pizzaor its investors. Shares slumped as much as [...]
Uber Eats cuts app fees to compete with food delivery rivals Just Eat and Deliveroo February 21, 2019 Uber is to cut the fees it charges to restaurants that use its food delivery app in a bid to out-compete rivals such as Just Eat and Deliveroo. Uber Eats will reduce the commission it charges to restaurants that use its app from 35 per cent to 30 per cent, which it says makes it the most competitive delivery [...]
Plenty for Just Eat to chew on as it falls out of FTSE 100 to be replaced by engineering firm Spirax-Sarco December 6, 2018 Just Eat shares were down five per cent this morning as the company took stock from being demoted from the FTSE 100 yesterday. The food delivery company, which has come under siege in recent years from competitors Deliveroo and Uber Eats, dropped out of the top tier index as FTSE Russell announced the winners and [...]
Wanted: Chief takeaway tester for Just Eat September 9, 2015 Fast food afficionados JustEat are recruiting for a very special role just in time for the start of term: chief takeaway tester. The UK branch of the company, which has over 30,000 restaurants using the service, is calling on university students to apply for one of its six available tester roles. Successful testers will receive [...]
Just Eat earnings up 62 per cent as the digital food business keeps piling on the pounds August 4, 2015 Just Eat is gobbling up market share, with earnings up almost two-thirds in the first half of 2015 as the business says it expects at least two years of “over-performance”, The figures The digital food marketplace grew revenues 54 per cent to £107.8m in the six months to 30 June, while underlying EBITDA rose [...]