Category: Just Eat Takeaway

Amazon Teams up With Just Eat on US Food Delivery With Grubhub Investment

July 7, 2022
AmazonBusiness & MarketsCompaniesCOVID-19economygrubhubJust Eat Takeaway
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Amazon has agreed to take a 2 percent stake in Just Eat Takeaway.com’s struggling U.S. meal delivery business Grubhub and will offer its Prime members access to the service for one year. The deal is a major relief for Just Eat Takeaway, Europe’s largest meals company, whose stock had fallen 70 percent this year. Shareholders…

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Just Eat Explores Grubhub Sale as It Sees Corrections Following Pandemic Recovery

April 22, 2022
Business & EconomyCompanieseconomygrubhubJust Eat Takeawaysales explore
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Just Eat Takeaway.com NV. weighed a partial or complete sale of its Grubhub unit less than a year after buying it for $7.3 billion. Just Eat Takeaway.com explored strategic actions for the U.S. division after losing an unusually high level of customers across its key markets, Bloomberg reports. CEO Jitse Groen saw the business as an essential part of industry…

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Just Eat Takeaway Maintains 2022 Forecasts as Orders Climb

January 13, 2022
2022Business & EconomyBusinesses in COVID-19climbCompanieseconomyEuropeforecastInternationalJust Eat TakeawaymaintainWorld
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AMSTERDAM—Just Eat Takeaway.com, Europe’s largest meal delivery company, reported a 14 percent increase in orders in the fourth quarter on Wednesday in line with expectations and maintained its financial forecasts for 2022. In a trading update, the company said it had delivered 273.7 million orders in the fourth quarter of last year, up from 240.4…

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