Just Eat and Takeaway.com want to join forces to fight Uber Eats and Amazon in Europe’s crowded food delivery market.Dutch company Takeaway.com said on Monday it had reached a preliminary agreement to merge with London’s Just Eat (JSTTY) in an all-share deal that would create a new company, Just Eat Takeaway.com.Just Eat shareholders would own roughly 52% of the new business, …
Tag Archives: Just Eat
Flux, the digital receipts and rewards platform, adds support for online takeout marketplace Just Eat
Flux, the London fintech that offers a platform for banks and merchantsto power digital receipts and rewards, has unveiled its first partnership with an online-only merchant. The London-based company has managed to sign up Just Eat, the online marketplace for takeout food and delivery. As of today, Just Eat’s U.K. customers will be able to receive …
Just Eat acquires iPad POS system Practi in attempt to lock-in restaurants
Just Eat — the marketplace for online food delivery which IPO’d but which is now under increasing pressure from several avenues, not least Uber and Deliveroo — has decided to add to its ‘quiver of arrows’ by acquiring Practi, a software service that provides independent restaurants and small chains with tablet-based Point of Sale (PoS) and …
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Just Eat to accelerate investment in delivery to fend off rivals
Just Eat will step up the expansion of its delivery business after investing millions of pounds to fend off vigorous competition from rivals such as Deliveroo and Uber Eats. The UK’s largest food marketplace has come under pressure from its main competitors outside the US, which have both launched competing products to connect diners with …
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Just Eat shares slide as rival Uber Eats delivers cut in fees
The share price of the meal delivery service Just Eat fell by more than 5% on Thursday after US competitor Uber Eats announced plans to cut the fees it charges restaurants, amid an intense battle for customers in the takeaway sector. Uber Eats will also allow restaurants in 100 towns and cities to use their …
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Uber Eats sparks acquisition rumours with new feature
Uber Eats has sparked further speculation that it will acquire a rival after opening its app up to independent restaurants and cutting commission rates. The food delivery service will now allow eateries which have their own delivery drivers to also use the Uber Eats network, in a move which echoes a change made by Deliveroo …
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Just Eat Urged to Seek Merger With a Rival
Just Eat Plc should merge with a rival online meal-delivery company because the board has shown that it can’t find a suitable chief executive officer, according to Cat Rock Capital Management LP, which owns about 2 percent of Just Eat. The Greenwich, Connecticut-based investment firm sent an open letter to Just Eat’s board of directors …
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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 Eat says it has financed from cash reserves. …Described as a leading software platform that helps restaurant groups and restaurant suppliers integrate their point of sale …
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