Takeaway seals victory in $8 billion Just Eat battle

Online food ordering company Takeaway.com has won the battle for Britain’s Just Eat with a 6.2 billion pound ($8 billion) share offer that will create one of the world’s largest meal delivery companies. Takeaway said that 80.4% of Just Eat shareholders had agreed to its all-share offer, passing a 50% threshold needed to make the offer unconditional. “I am thrilled,” […]

Takeaway.com wins fierce Just Eat battle to create online food delivery giant

The fierce battle for U.K. food delivery company Just Eat JE, +1.92%   has finally come to an end after Takeaway.com TKWY, +1.62%  shareholders approved an all-share £6 billion takeover to create one of the world’s largest meal delivery companies. The Dutch-listed Takeway.com fought off a rival bid from Prosus, the Amsterdam-listed investment vehicle owned by South African tech giant Naspers NPN, +1.47%   […]

Amazon’s investment in food-delivery app Deliveroo, its key weapon against Uber Eats in the UK, suffered another big setback from regulators

The UK’s Competition and Markets Authority has decided to move forward with an investigation into Amazon’s stake in the online food delivery group Deliveroo, it announced Friday.   Amazon led a $575 million fundraising round by Deliveroo in May, and its stake would give it more say in running the online food delivery group’s far-reaching UK network.  But the […]

How the 27-year-old CEO of delivery app Glovo targeted Uber Eats weak spots to hit a $1 billion valuation

Spanish delivery startup Glovo has raised $167 million in a fundraising round led by Mudabala, the Abu Dhabi sovereign wealth fund. Glovo competes with Uber Eats in some European markets and data suggests it is beating the company in Spain and Italy. The raise makes Glovo the latest startup to reach unicorn status, pushing its […]

Amazon’s Deliveroo Takeout Leaves an Unpleasant Taste

It’s the worst nightmare of supermarkets and food delivery firms alike: Amazon.com Inc. turbocharging its grocery business with a network of couriers who can have grub on your doorstep within an hour. So you can see why Britain’s competition regulator has decided to challenge the e-commerce giant’s planned investment in Deliveroo, the U.K. rival to […]

DELIVERY HERO DELIVERED 71M ORDERS IN OCTOBER OVERTAKING UBEREATS AS THE LARGEST FOOD DELIVERY PLATFORM OUTSIDE CHINA

When you’re talking about European outliers, especially in Berlin, it’s impossible to not name Delivery Hero, their meteoric rise did lots to really show what could be built here and especially in Berlin. Successes of such magnitude go a long way in creating critical mass and narrative that attracts inward investment and acts as a […]

Uber Eats turns five: What the restaurant industry has learned from the ride-share giant

This year marks the fifth anniversary of Uber Eats. It started as an ‘UberFRESH’ service in Santa Monica, California, and was later renamed and released as an app, separate from the ride-sharing service. It’s fair to say that Uber Eats (and its most significant rival is most areas, Deliveroo) has changed the way that we […]

Amazon-backed Deliveroo grew its sales by 72% last year — but it’s still smaller than rivals Uber Eats, Grubhub, and Just Eat

Amazon-backed Deliveroo posted sales of £476 million ($584 million) in 2018 — equal to about 60% of Grubhub’s and Just Eat’s sales last year, and 40% of Uber Eats’ sales. The meal-delivery startup’s pre-tax loss rose 16% to £232 million ($285 million), a far cry from Just Eat’s £102 million ($125 million) and Grubhub’s $81.4 […]

Deliveroo’s ‘rescue team’ will convert struggling restaurants to delivery-only

U.K.-based food delivery service Deliveroo has launched a “Restaurant Rescue Team” that will identify struggling or recently-closed restaurants and offer them space in the platform’s delivery-only kitchens, the firm announced yesterday. ​ Deliveroo will also assist participating restaurants — which will be selected based on projected delivery performance in areas with Deliveroo Editions kitchens — with menu […]

Glovo Said to Have Held Early-Stage Talks With Uber, Deliveroo

Spanish food delivery startup Glovo has drawn preliminary interest from Uber Technologies Inc. and Deliveroo in recent months as the industry undergoes a wave of consolidation, people familiar with the matter said. Talks between the Barcelona-based company and potential partners have been on and off and may not lead to a transaction, the people said, asking not […]