London CNN Business — South African tech investment company Naspers wants to become the world’s leading online food delivery business. The company’s Amsterdam-listed business unit Prosus will no longer try to buy Just Eat after its offer lapsed, Prosus said in a statement Friday. The acquisition attempt received virtually no support from the UK online food delivery company’s shareholders. Prosus …
London CNN Business — 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 in an all-share deal that would create a new company, Just Eat Takeaway.com. The combination could give a …
New York CNN Business — Just Eat and Takeaway.com are battling it out in Europe’s crowded food delivery market. The boards of London-based Just Eat and Dutch company Takeaway.com confirmed in statements Saturday that they are “in discussions regarding a possible” merger agreement. A joint company could give a huge boost to the companies’ standing in the crowded food delivery …
New York CNN Business — Amazon just made another big move into food, picking up a stake in one of the United Kingdom’s top restaurant delivery services. Amazon already has a presence in the food delivery space with its website’s “restaurant” section and AmazonFresh Grocery, but the investment into Deliveroo will further expand its global reach. The US firm has …