⁍ Just Eat received 46% more orders in the third quarter than a year earlier.


⁍ Growth accelerated from an increase of 32% in the first half of 2020.


⁍ Takeaway’s $7.8 billion takeover of Britain’s Just Eat closed in April.


– “Just Eat is back.” That’s the pronouncement of CEO Jitse Groen on Wednesday, per Reuters, after the online food-ordering company announced that it had received 46% more orders in the third quarter of 2019 than it did in the same period a year earlier. Just Eat is based in the UK; Takeaway.com is based in the Netherlands. The figures were presented on a pro-forma basis, as if Takeaway’s $7.8 billion takeover of Britain’s Just Eat that closed in April had been completed Jan. 1, 2019. The figures were presented on a pro-forma basis, as if Takeaway’s $7.8 billion takeover of Britain’s Just Eat that closed in April had been completed Jan. 1, 2019. The Wall Street Journal reports the figures were presented on a pro-forma basis, as if Takeaway’s $7.8 billion takeover of Britain’s Just Eat that closed in April had been completed Jan. 1, 2019. Just Eat is based in the UK; Takeaway.com is based in the Netherlands. Order growth accelerated from an increase of 32% in the first half of 2020, with orders up 47% in Germany and 43% in the United Kingdom. Restaurants in the Netherlands delivered a third more meals through the company’s platform. “We have continued to generate strong adjusted EBITDA, while investing aggressively, and are well-positioned for autumn and winter, our traditional growth season,” Groen said, without further financial details.



Source: https://www.reuters.com/article/just-takeaway-com-results/just-eat-takeaways-order-growth-jumps-as-online-delivery-surge-continues-idUSKBN26Z0KN