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 [...]
Just Eat to create 1,500 new jobs in Sunderland August 25, 2021 Just Eat has announced it will create more than 1,500 new customer service jobs in Sunderland as part of a £100m investment in the North East. The British food delivery giant said that recruitment for the roles is underway with 300 positions already filled. The multi-million pound investment will fund a 20,000 square meter workspace [...]
Just Eat posts revenue surge of 52 per cent but struggles to turn a profit in fight for market share August 17, 2021 Strong demand for food delivery amid the last of the Covid restrictions persisted in the first half of the year and boosted Just Eat Takeaway’s revenue, but efforts to increase its share of the crowded market impacted profitability. Revenue in the first six months of the year grew to €2.6 bn (£2.2bn) – a 52 [...]
Just Eat Takeaway investor calls for merger as it slams stock performance July 27, 2021 A major investor in Just Eat Takeaway has urged the food delivery platform to explore a potential merger as it took aim at the company’s share price performance. Cat Rock Capital, which holds a 4.7 per cent stake in the group, slammed management’s “deeply flawed communication” with investors, which it blamed for a 28 per [...]
Just Eat acquires Slovakian food delivery as global expansion continues July 16, 2021 Just Eat Takeaway has announced it will acquire Bistro.sk, a food delivery company in Slovakia, as it expands its global footprint. The deal, approximately valued at €50m, is expected to close later in the year. The Slovakian business operates in a similar format to Just Eat. Its 400,000 customers choose food, from the 2,000 or [...]
Just Eat delivery order growth in UK up 733 per cent on the same period last year July 15, 2021 Just Eat Takeaway saw orders rise across the globe in the last quarter as recent investments began to take off. Half year orders in 2021 are up 61 per cent, whilst newly-acquired subsidiary Grubhub saw 51 per cent growth. Delivery order growth in the UK for the same period grew a staggering 733 per cent. [...]
I’m not leaving this sofa: Takeaway orders soar during England goal-feast July 6, 2021 Football fans made over one million orders on JustEat over the course of Saturday evening as England waltzed past Ukraine in Rome. The match kicking off in the primetime slot of 8pm on a balmy Saturday evening encouraged 2,500 orders being placed per minute. The most popular order was burgers, followed by pizza. While the [...]
Just Eat processes 200 million orders in three months April 13, 2021 Some 200 million orders were placed with Just Eat in the first quarter of 2021, marking a 79 per cent increase from the same period last year. Those in the UK placed the most orders through the takeaway giant, racking up nearly 64 million of those 200 million orders. The company, which was formed after [...]
FTSE 100 jumps on post-lockdown hopes but Wall Street flat April 6, 2021 London’s FTSE 100 climbed by 1.4 per cent today as prospects of a planned re-emergence from lockdown next week boosted shares. The capital’s premier index currently stands at 6,840, its highest levels since 11 January. Across the Atlantic, however, the mood was more subdued, with Wall Street’s main markets flat at the open this afternoon. [...]