All Just Eat articles – Page 2
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Just Eat to axe jobs of around 1,700 workers
The delivery company has made the decision to use gig economy workers, rather than employees, despite previous comments criticising this emoployment model
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Just Eat sees some of largest gains in UK & Ireland
Revenue for the UK and Ireland was up 6% to €1.3bn., with adjusted EBITDA “improving significantly” from -€107m in 2021, to +€23m in 2022
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Just Eat maintains focus on profitability
The delivery company continued to see orders decline from their pandemic peak, but maintained a stable gross transaction value despite lower volumes
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Pizza Pilgrims: ‘Pizza in the post was a big driver for expansion’
Speaking at MCA’s Omnichannel Conference, head of marketing Ruth Carpenter spoke about building the brand outside London
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Just Eat to reorganise customer service operations
The delivery company is to close a customer service centre in Hertfordshire to help it towards profitability
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Just Eat Takeaway reports return to profit
The delivery company has announced profitability earlier than expected, with positive adjusted EBITDA in its trading update for Q3 2022
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Just Eat adds London restaurants to platform
MeatLiquor, Sticks ‘n’ Sushi and Gail’s are now available on the food delivery app’s platform in the capital
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Just Eat appoints former UK MD as CCO
Just Eat is to expand its management board, with its supervisory board having nominated Just Eat’s UK former MD Andrew Kenny to serve as chief commercial officer.
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Just Eat expects earlier return to profit
Due to progress in improving profitability, the delivery platform expects to generate positive adjusted EBITDA in the second half of 2022
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Just Eat to dispose of iFood stake
The delivery company has announced it has entered into an agreement to sell its equity stake of around 33% in the iFood joint venture to Prosus, for a cash consideration of up to €1.8bn.
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Grubhub value slashed by half
Just Eat Takeaway has written down the value of its US subsidiary by €3bn, a year after buying the food delivery group
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Just Eat reports 7% growth in revenue
The delivery service announced enhanced profitability and revenue growth in H1 2022, despite a post-pandemic decline in gross transaction value
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Grubhub founder mulled bid for Just Eat Takeaway’s US arm
Grubhub founder Matt Maloney made an attempt to buy back the delivery operator, the Sunday Times reports
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Franco Manca and GDK targeting corporate orders
The restaurant brands have both partnered with Just Eat for Business, in order to capitalise on the return of workers to the office
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Just Eat Takeaway to wipe £5bn off Grubhub valuation
Takeaway giant struggles to sell US arm as markets collapse, reports The Sunday Times
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Caffè Nero to roll out Just Eat delivery
Delivery will available at more than 400 stores, with the move part of an expansion of the brand’s ‘new channels’ strategy
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JET board turmoil over ‘personal misconduct’ claims
Just Eat Takeaway’s COO is under investigation and its chair will step down following investor pressure
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Cat Rock urges votes against Just Eat board
Alex Captain, founder and managing partner at the activist investor, said JET shareholders had been “punished” by a -75% stock price decline in less than two years
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Just Eat Takeaway considers sale of Grubhub
The online delivery giant is exploring a partial or full sale of Grubhub after acquiring the Chicago-based brand in a $7.3bn deal during the pandemic
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Just Eat maintains strong order levels
Just Eat UK & Ireland achieved order numbers of 67.6m in Q1 2022, compared to 67.3m in Q1 2021, with GTV up 7% over the period