Just Eat teams up with McDonald’s to drive home delivery efficiencies March 22, 2022 European takeaway giant Just Eat Takeaway.com has entered a "long-term global strategic partnership" with McDonald's as the delivery firm tries to remain profitable in a post-pandemic world.
Letters: Just Eat just working hard March 7, 2022 [RE: Just Eat revenue jumps a third as it mulls pulling out of Portugal and Norway, March 2] This week’s results from Just Eat were by no means the result of trend or chance; Just Eat worked to fill an important gap in the delivery market for consumers: experience. Their business model delivers on high [...]
London faces logistics space crunch as e-commerce firms take over city March 4, 2022 London would run out of available industrial space within five months, should the current take-up rate continue, amid an e-commerce boom. The capital and the South East are facing running out of industrial and logistics spaces, according to a report published today by London First, in partnership with CBRE. It comes as the pandemic has [...]
Just Eat chief says Nasdaq departure doesn’t spell Grubhub sale February 13, 2022 Just Eat chief Jitse Groen has said that the firm’s decision to de-list from the Nasdaq should not be taken as an indication of plans to sell its Grubhub subsidiary. The firm first launched in US markets in June last year as it snapped up US delivery firm Grubhub for $7.3bn, but said it would [...]
Just Eat enters grocery delivery market race with Asda deal December 17, 2021 Just Eat has waded into the escalating market battle over rapid grocery deliveries, unveiling a deal with supermarket chain Asda.
Deliveroo shares sink to record lows amid fears of EU gig economy crackdown December 6, 2021 Shares in Deliveroo slumped as much as 9.6 per cent this morning following reports of the European Commission’s proposed labour rule changes that would influence rider remuneration. European rivals Just Eat and Delivery Hero also fell around 6 per cent on fears that the strict new rules could hamper their profitability. It comes just days [...]
Just Eat Takeaway urged to sell Grubhub by activist investor October 25, 2021 Just Eat Takeaway (JET) has been urged to sell or spin-off its US arm Grubhub by an activist investor by the end of the year. Investor Cat Rock Capital has said the food delivery firm’s management “failed to fix the deep and damaging undervaluation of its equity by taking tangible action to unlock the value [...]
Just Eat UK surpasses 1bn orders milestone October 13, 2021 Just Eat Takeaway.com’s financials were boosted in the third quarter of 2021 as Brits swapped home-cooked meals for takeout. The takeaway website processed 266m orders in the third quarter of 2021, representing a 25 per cent jump compared with the same period of 2020 which helped the UK branch of the company reach the milestone [...]
Grubhub founder steps down only four months after £5.8bn takeover by Just Eat October 8, 2021 The founder of US food delivery platform Grubhub has quit the business just four months after it was bought by UK-listed rival Just Eat Takeaway. Matt Maloney joined the Just Eat Takeaway board in June but has since stepped down to “pursue other opportunities”, the company said this morning. Just Eat boss Jitse Groen said: [...]
JustEat orders to offices soared last month October 7, 2021 JustEat has said orders of delivery food to offices has almost doubled in September, compared to June. The number of companies ordering food to the office last month grew more than 170 per cent when compared to last September. Office delivery sales have increased by more than 150 per cent from July to September, the [...]