Just Eat announced the sale of its 33% stake in Brazilian joint-venture iFood to Prosus N.V. affiliate MIH Movile Holdings for a consideration of €1.8 billion on Friday. “In what seems like a never-ending battle between online takeaway firms, Just Eat Takeaway has secured itself some more firepower through the sale of a stake in […]

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Just Eat has 58,000 restaurant partners and millions of takeaway customers Just Eat, the food delivery platform, confirmed plans to create more than 1,000 customer service roles at its new office close to Sunderland. The jobs were previously outsourced to third party operators based in Bulgaria and the Philippines. Just Eat has said its employees […]

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Just Eat saw its market share rise by 10% in first half Just Eat (LON:JET) saw the number of orders it received surge to 135m during the first half of 2021, an increase of 58m. This was thanks in part to a sustained promotional push which also made an impact on the company’s balance sheet. […]

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Just Eat secures new partnerships with major brands in first quarter Just Eat (LON:JET), the food takeaway service, confirmed today that it received 200m orders in Q1 of 2021, an increase of 79% compared to the same period the year before. UK customers placed the highest number of orders at just under 64m. The FTSE […]

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Just Eat orders soared due to lockdown restrictions Just Eat Takeaway (LON:JET) confirmed on Wednesday that it anticipated additional growth in 2021 after an increase in orders due to the coronavirus pandemic allowed the company to meet its expectations for 2020. Demand for food-delivery services soared by 42% to 588m orders during 2020 as lockdown […]

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Pfizer’s vaccine announcement saw gold and gilts sell off, while European equities rallied by 5% on Monday. Meanwhile, the tech stocks that boomed during the pandemic – and last week – saw the Nasdaq drop by 1.5% on the same day as Eurozone markets flew. Fast-rising home delivery stocks, Ocado and Just Eat, shed 5.21% […]

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Having cheered on the news of Pfizer’s (NSYE:PFE) vaccine candidate demonstrating 90% efficacy, global equities heavily priced in COVID challenges being overcome, and favoured pandemic casualties during trading on Tuesday. Leading the charge and at one point up by almost 18%, Lloyds finished up by 6.63%, up to 32.82p a share. Following close behind were […]

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Dutch-owned food delivery tycoon Just Eat Takeaway N.V. (LON:JET) has published its half-year results, celebrating a 44% increase in revenue to €1 billion and a similarly impressive 34% growth in gross profit to €630 million. Shares at the company have risen more than 4% on the news. Just Eat reported that its adjusted earnings before […]

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Finsbury Food (LON:FIF) have told shareholders that they are are trading in line with expectations, in a stable update provided on Thursday. The firm said that first half sales have been rising year on year, as the baker and food producer has been seeing declines in other sectors. In the six months to December 28, […]

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Following a realistic meeting with its investors about the costs of investment, Just Eat’s (LON:JE) share price dipped 7.1 percent to 755 GBX by the end of trading yesterday. This drop saw the company become the FTSE’s ‘biggest faller’ on Wednesday, and although its share price has rallied to 775 GBX within the first 3 […]

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