Just-Eat
Just Eat Takeaway sells stake in Brazil’s iFood for up to $1.8B
European food ordering and delivery giant Just Eat Takeaway has revealed that it’s selling its stake in Brazil’s iFood for up to €1.8 billion ($1.8 billion) to Prosus. The initial deal…
Just Eat Takeaway scales back in France as market value drops 84% in 10 months
Just Eat Takeaway is cutting 390 jobs from its workforce in France, constituting part of a broader global restructuring effort as the food delivery giant looks to reverse its recent…
Just Eat Takeaway takes away chairman, investigates COO, weighs Grubhub sale as meal delivery cools down
The food delivery business, and tech companies leading the charge, were hot commodities at the peak of the COVID-19 pandemic as people stayed indoors and turned to apps to fill…
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Food-delivery profits remain elusive
The value of delivery giants around the world is in decline. Given all that, you might expect that investors would curtail wagers. And yet.
Deliveroo could leave Spanish market ahead of on-demand labor reclassification
Deliveroo said it is considering leaving the Spanish market, citing limited market share and a long road of investment with ‘highly uncertain long-term potential returns’ on the horizon.
Glovo splurges $208M on three Delivery Hero brands in the Balkans
The high-stakes game of chess (or, well, consolidation chicken) that is on-demand food delivery rolls on today with a little more territorial swapping in Europe: Barcelona-based Glovo has agreed to…
JustEat Takeaway $7.6B merger approved, pair pick up $756M in new funding
On the heels of Amazon getting approval from the competition authority to proceed with an investment leading a $575 million round for food delivery startup Deliveroo in the UK, two of…
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Delivery Hero CEO shares what he’s learned about managing logistics during a pandemic
Food-delivery platforms are on the front lines during the coronavirus crisis, with major spikes in demand as communities are confined at home, likely with more time to cook than usual. And while some restaurants have opted to shut down, others have turned to takeout as a lifeline. Yet physical contact between suppliers, couriers and customers…
Here’s a wrap of the main tech-related coronavirus news in the last 24 hours
Much of the world is waking up to a strange new reality. As the coronavirus strain, COVID-19, swept across the planet, today may go down in history as the day…
Uber Eats UK waives fees during the coronavirus crisis
Uber Eats is waiving delivery and activations fees in the UK to support restaurants hit by decreasing demand during the coronavirus crisis. The measure will apply until March 31 when…
Just Eat cuts its take for 30 days to help restaurants during the COVID-19 crisis
U.K. takeout marketplace Just Eat has announced a 30-day emergency support package for restaurants on its platform to help them through disruption caused by the coronavirus crisis. From tomorrow (March…
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Inside Prosus Ventures’ $4.5 billion bet on India
Prosus Ventures last week filed a hostile offer for British food delivery startup Just Eat, an attempt to defeat a unanimous rejection from its board and simultaneously fend off a bid from rival Takeaway. The giant Naspers spinoff said it was willing to pay as much as $6.3 billion in cash to lure Just Eat,…
Prosus makes $6.3B hostile bid for Just Eat; Just Eat rejects deal in favor of Takeaway merger
As Amazon-backed Deliveroo expands into click-and-collect and procurement services to grow its footprint with restaurants in Europe, a food fight among three other takeout and delivery players continues apace in…
U.K. on-demand food delivery startup Deliveroo is pulling the plug on its service in Germany. The startup expanded into the market more than four years ago. But in an email…
Just Eat and Takeaway.com reach agreement to gobble each other
The boards of Just Eat and Takeaway.com have reached agreement to combine their two European food delivery businesses. The pair of publicly listed companies announced they were in talks to…
Takeaway and Just Eat to merge in $10B deal to take on Deliveroo and Uber Eats in Europe
The food delivery wars in Europe remain hotter than a vindaloo, and that’s leading to some major consolidation: today Just Eat and Takeaway.com, two of the bigger take-out and delivery…
Just Eat makes layoffs in UK and Ireland after customer and restaurant ops merged
Just Eat, the publicly listed takeout marketplace that has faced fierce competition from UberEats and Deliveroo in recent years, has made a round of layoffs in the U.K. and Ireland,…
City Pantry, the UK corporate catering marketplace, has been acquired by Just Eat for £16M
City Pantry, the office catering marketplace that lets you order in food for staff, company events and meetings, has been acquired by takeout marketplace and delivery giant Just Eat. The…
Just Eat acquires iPad POS system Practi in attempt to lock in restaurants
Just Eat — the marketplace for online food delivery that IPO’d but which is now under increasing pressure from several avenues, not least Uber and Deliveroo — has decided to…
Just Eat acquires restaurant software platform Flyt for £22M
Just Eat, the takeout marketplace and food delivery service, has acquired Flyt, a startup that offers software for restaurants and restaurant suppliers. The acquisition price is £22 million, which Just…
Delivery Hero sells its German business to Takeaway.com in a $1.1B deal
One more big consolidation play is underway in the highly competitive European food delivery business, amid more pressure from newer players like Uber Eats and Deliveroo. Today, Delivery Hero announced…
83North closes $250M fourth fund focused on European, Israeli startups
European VC firm 83North (formerly Greylock IL), which since 2008 has focused on backing startups in Europe and Israel, has closed its fourth fund — taking $250M in a raise…
Just Eat pays up to £240M for Delivery Hero’s UK ops, £66M for Canada’s SkipTheDishes
Yet more regional consolidation is underway among the giants of take-out and delivery startups in Europe as they gear up to compete more aggressively against newer entrants like Deliveroo and Uber Eats.…
Just Eat backs Flypay to help restaurant and pub chains consolidate their tech
Just Eat, the online takeout ordering behemoth, has invested in U.K. startup Flypay, which has built a platform to help restaurant and pub chains consolidate their various and disparate technology…
Meet the London startup powering Just Eat’s new illuminated scooters
Just Eat’s new range of branded illuminated scooters feature backlit boxes carrying the new Just Eat logo and will soon be lighting up the streets of London.
While many on-demand food startups fail to deliver, iFood picks up $30 million to expand in Latin America
The Brazilian on-demand food delivery company, iFood has picked up $30 million in new financing to expand regionally and solidify its grip over the online food delivery market outside of…
Just Eat offloads Netherlands and Belgium business to Takeaway.com for €22.5M
The latest move in the online takeout ordering space sees publicly-listed Just Eat sell its Benelux businesses (the Netherlands and Belgium) to rival Takeaway.com. The transaction consists of €22.5 million…
French startup Stuart partners with Just Eat to let restaurants outsource delivery
It’s Groundhog Day in the world of European restaurant delivery. Despite Delivery Hero-owned Valk Fleet’s spectacular failure, another startup is trying its hand at letting quick service restaurants or take-outs…
How consolidations will play out in the transportation, food and entertainment industries
There has been no shortage of thoughtful articles exploring a bubble in technology. I would argue that the world has already been transformed, and there is no bubble in the…
Rocket Internet Sells Food Startups In Spain, Italy, Brazil, Mexico For $140M To Just Eat
The takeout shakeout continues apace. Since going public in 2014, Rocket Internet has been trying to simplify and reorganize the tangle of e-commerce startups funded and grown by the Berlin-based incubator to…
