Trustpilot shares surge after firm upgrades profit guidance launches share buyback January 11, 2024 Global review platform Trustpilot has launched a £20m share buy back programme.
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 [...]
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 [...]
Getir to slash 2,500 job roles as demand for delivery fades August 22, 2023 Grocery order service Getir will slash 2,500 jobs from its global workforce, in the latest signal that demand for rapidly delivered goods is dwindling. The startup has said it is cutting 10 per cent of its 23,000 strong workforce across the UK, Netherlands, Germany, the US and its homeland of Turkey. In recent months the [...]
London fintech Kennek raises £10m in seed funding for lending software October 10, 2023 London-based fintech Kennek has raised $12.5m (£10.3m) in a seed funding round led by HV Capital, the backer of Hello Fresh, Depop and Flixbus. The funds will allow Kennek, a software developer that provides a single platform for alternative lenders, to build on its home market and plans for expansion into the EU. Co-founder Xavier [...]
Getir to leave UK with multimillion outstanding debt to Premier League’s Tottenham Hotspur May 20, 2024 Getir will leave the UK with a multimillion pound outstanding debt to Tottenham Hotspur Football Club, according to Sky News.
Rapid grocery firm Getir eyes major shake-up as valuation slides April 14, 2024 Getir, one of the world's largest grocery delivery platforms, is reportedly looking at a major restructuring, which could see it broken up or pull out of remaining markets.
Life in the Fast (Food) Lane November 20, 2023 Integrum ESG’s sentiment tracker flagged a spike in negative sentiment for Deliveroo – here’s a quick summary of what we saw: A short summary Last week, a 17-year-old tragically died in a motorbike accident. This occurred while he was delivering food on a borrowed motorbike, using an illegally rented rider account from an ‘approved’ Deliveroo [...]
Boris Johnson’s new cost of living tsar called for him to quit just months ago June 14, 2022 Boris Johnson’s new cost of living tsar called for the Prime Minister to resign just months ago and has a long record of excoriating tweets directed at the government. David Buttress, co-founder of food delivery app Just Eat UK, said in January that Johnson “just has to” quit, while in April he said that voting [...]
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 [...]