Just Eat Takeaway.com set to be acquired by tech investor Prosus for nearly $4.3 billion
Top News
3 weeks, 4 days ago

Just Eat Takeaway.com set to be acquired by tech investor Prosus for nearly $4.3 billion

Associated Press  

NEW YORK — Europe’s Just Eat Takeaway.com could soon have a new owner. Acquiring Just Eat Takeaway.com will particularly boost Prosus’ food delivery portfolio in Europe. Still, CEO Fabricio Bloisi said the Just Eat Takeaway.com deal brings “the opportunity to create a European tech champion.” Just Eat Takeaway.com, also based in Amsterdam, currently operates in 17 countries — but has recently doubled down on its markets in Europe. “Just Eat Takeaway.com is now a faster growing, more profitable and predominantly European-based business,” Just Eat Takeaway.com CEO Jitse Groen said in a statement Monday — adding that Prosus’ offer “fully supports” the company’s strategic plans going forward. “We are looking forward to an exciting future together.” Takeaway.com, which merged with Just Eat in 2020, was founded back in 2000 — making it one of the earliest entries in the food delivery sector.

Europe Eat Just Eat Prosus Food  eat  transaction  nearly  delivery  grubhub  recently  billion  investor  acquired  offer  tech  prosus  food  43  takeawaycom  set

History of this topic

Just Eat to be bought out in huge deal to shake up food delivery sector
Trending News
3 weeks, 4 days ago

Just Eat to be bought out in huge deal to shake up food delivery sector

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Just Eat Takeaway.com, the takeaway …

Just Eat to be bought by investment group Prosus in £3.4bn deal
Trending News
3 weeks, 4 days ago

Just Eat to be bought by investment group Prosus in £3.4bn deal

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Just Eat Takeaway.com is set to be bought by a Dutch technology investor …

Prosus bids €4.1 billion for delivery group Just Eat Takeaway
3 weeks, 4 days ago

Prosus bids €4.1 billion for delivery group Just Eat Takeaway

Dutch News  

Amsterdam-listed tech investment company Prosus has made a €4.1 billion takeover bid for all shares in Just Eat Takeaway. “We believe that combining Prosus’ strong technical and investment capabilities with Just Eat Takeaway.com’s leading brand position in key European markets will create significant value for our customers, drivers, partners, and shareholders,” Prosus chairman Fabricio Bloisi said in a statement. Just …

Just Eat Takeaway acquired in €4.1 billion deal
3 weeks, 5 days ago

Just Eat Takeaway acquired in €4.1 billion deal

NL Times  

Investment fund Prosus is acquiring Thuisbezorgd's parent company Just Eat Takeaway for 4.1 billion euros, the two companies announced on Monday. Prosus and Just Eat Takeaways agreed on a price of 20.30 euros per share, about 7.5 euros above the closing price on Friday and about 50 percent higher than the average price of the share over the past six …

Just Eat Takeaway sells off struggling U.S. business Grubhub
2 months, 2 weeks ago

Just Eat Takeaway sells off struggling U.S. business Grubhub

NL Times  

Meal delivery company Just Eat Takeaway has completed the sale of its US subsidiary, Grubhub, to industry peer Wonder. The Dutch-British company sold GrubHub in 2021 for 7.3 billion dollars, but this deal then proved to be a huge burden for Just Eat Takeaway. Investors were relieved when Just Eat Takeaway announced the sale of GrubHub, on which billions of …

Just Eat Takeaway sells Grubhub for $650 million, just 3 years after buying the app for $7.3 billion
4 months, 1 week ago

Just Eat Takeaway sells Grubhub for $650 million, just 3 years after buying the app for $7.3 billion

Associated Press  

NEW YORK — European food delivery giant Just Eat Takeaway.com is selling Grubhub for $650 million, a fraction of the billions it spent to buy the U.S. platform just three years ago. Amsterdam-based Just Eat Takeaway.com acknowledged Wednesday that it had been “actively exploring” the partial or full sale of Grubhub for some time, citing prior announcements from the company. …

Just Eat Takeaway sells US arm GrubHub at a massive loss
4 months, 1 week ago

Just Eat Takeaway sells US arm GrubHub at a massive loss

Dutch News  

Dutch meal deliver giant Just Eat Takeaway has sold its US arm Grubhub for some $650 million to Wonder Group. Just Eat Takeaway paid $7.3 billion for Grubhub when it bought it during the height of the coronavirus pandemic in 2021 in an all share deal. “The sale of will increase the cash generation capabilities of Just Eat Takeaway.com and …

Just Eat increases annual earnings outlook, but orders continue to fall
1 year, 11 months ago

Just Eat increases annual earnings outlook, but orders continue to fall

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Online food delivery giant Just …

Just Eat owner to sell stake in iFood for £1.5bn
2 years, 7 months ago

Just Eat owner to sell stake in iFood for £1.5bn

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Just Eat Takeaway.com has announced …

Thuisbezorgd parent Just Eat Takeaway to sell iFood stake for €1.5 billion; Shares up 29%
2 years, 7 months ago

Thuisbezorgd parent Just Eat Takeaway to sell iFood stake for €1.5 billion; Shares up 29%

NL Times  

Meal delivery company Just Eat Takeaway announced it will sell its stake in Brazilian delivery company iFood to Prosus. The Amsterdam-listed company and parent of Thuisbezorgd.nl, will earn a minimum amount of 1.5 billion euros for the 33 percent of the shares it owns. It sent the stock price of Just Eat Takeaway soaring in Friday morning trading. Just Eat …

Just Eat orders jumped a third in 2021
3 years, 2 months ago

Just Eat orders jumped a third in 2021

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Fast food delivery giant Just …

Investors look to earnings and US strategy in Just Eat’s results
3 years, 7 months ago

Investors look to earnings and US strategy in Just Eat’s results

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Food delivery company Just Eat …

Just Eat Takeway sees sales soar 54% in the year coronavirus hit
4 years ago

Just Eat Takeway sees sales soar 54% in the year coronavirus hit

Dutch News  

Meal delivery company Just Eat Takeaway rose 4.4% on the Amsterdam stock exchange on Wednesday after publishing finalised 2020 results. The company, which now delivers meals in 24 countries, posted a net loss of €151m last year, due mainly to the cost of integrating the Just Eat and Takeaway brands and the take over of Grubhub in the US, the …

Just Eat Takeaway doubled its orders in Canada. It’s coming for the US next
4 years, 5 months ago

Just Eat Takeaway doubled its orders in Canada. It’s coming for the US next

CNN  

London CNN Business — Online food delivery is booming in Canada, at least for one company. Just Eat Takeaway.com said on Wednesday that orders in Canada — where it operates as Skip The Dishes — rose by 98% to 23.5 million in the third quarter compared with the same period last year. “We are now transforming that pick-up culture into …

Uber Gobbles Up Postmates In $2.65 Billion Bet On Food Delivery
4 years, 8 months ago

Uber Gobbles Up Postmates In $2.65 Billion Bet On Food Delivery

NPR  

Uber Gobbles Up Postmates In $2.65 Billion Bet On Food Delivery Enlarge this image toggle caption Tomohiro Ohsumi/Getty Images Tomohiro Ohsumi/Getty Images Uber is buying the delivery app Postmates, bolstering its food-delivery business at a time when few people are hailing rides. Sponsor Message In contrast, orders for its Uber Eats food delivery service doubled during the same three-month period. …

Just Eat swallows Grubhub creating restaurant delivery giant
4 years, 9 months ago

Just Eat swallows Grubhub creating restaurant delivery giant

Associated Press  

Two pioneers in restaurant delivery — Just Eat Takeaway.com and Grubhub — are combining in a $7.3 billion deal that will create one of the world’s largest delivery companies. Amsterdam-based Just Eat Takeaway.com said late Wednesday that it was acquiring Chicago-based Grubhub, snatching it away from ride-hailing giant Uber, which had been reportedly seeking to team Grubhub with its Uber …

Home Food Over Takeaway? Online Meal Delivery Firms Knocked Off Course Due to Virus Around the World
4 years, 11 months ago

Home Food Over Takeaway? Online Meal Delivery Firms Knocked Off Course Due to Virus Around the World

News 18  

The lockdown of millions of people at home across the globe due to the coronavirus should have been the perfect recipe for success for the burgeoning online meal delivery market. An Uber spokesman said the impact of the virus had varied widely across Europe, but it had seen big increases in restaurants and shops signing up to its app. “New …

Competition probe into Just Eat and Takeaway.com merger ‘shocking and unwarranted’, says investor
5 years, 1 month ago

Competition probe into Just Eat and Takeaway.com merger ‘shocking and unwarranted’, says investor

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A major investor has branded …

Takeaway.com wins battle to buy Just Eat in £5.9bn deal
5 years, 2 months ago

Takeaway.com wins battle to buy Just Eat in £5.9bn deal

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Food delivery firm Takeaway.com will …

Just Eat to merge with Takeaway.com as Naspers loses out
5 years, 2 months ago

Just Eat to merge with Takeaway.com as Naspers loses out

CNN  

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 …

Prosus sweetens bid to break up Just Eat's Takeaway.com merger plans but it needs more to win the order
5 years, 3 months ago

Prosus sweetens bid to break up Just Eat's Takeaway.com merger plans but it needs more to win the order

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Just Eat shareholders have been …

Just Eat: A takeover battle for the UK food delivery company is heating up
5 years, 3 months ago

Just Eat: A takeover battle for the UK food delivery company is heating up

CNN  

London CNN Business — South African tech investor Naspers has sweetened its hostile bid for Just Eat, valuing the UK online food delivery company at $6.7 billion and escalatinga takeover battle with rival suitor Takeaway.com. Prosus, the European-listed tech investor owned by Naspers, said Monday that it would increase its bid for Just Eat by 30 pence to £7.40 per …

Just Eat: Second Dutch-based firm makes takeover bid for food-delivery company
5 years, 4 months ago

Just Eat: Second Dutch-based firm makes takeover bid for food-delivery company

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A bidding war has broken …

Just Eat: Prosus makes takeover bid as it tries to beat Uber Eats and Deliveroo
5 years, 5 months ago

Just Eat: Prosus makes takeover bid as it tries to beat Uber Eats and Deliveroo

CNN  

London CNN Business — The battle for the future of online food delivery just got a whole lot spicier. South African tech investment firm Naspers said it was launching a takeover offer for Britain’s Just Eat in a bid to become “the world’s leading food delivery business.” The unsolicited bid values Just Eat at £4.9 billion, and could spoil Just …

Just Eat in £9bn merger with Takeaway.com to create global food delivery giant
5 years, 7 months ago

Just Eat in £9bn merger with Takeaway.com to create global food delivery giant

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Just Eat has announced plans …

Just Eat gobbled up by Dutch rival Takeaway.com
5 years, 7 months ago

Just Eat gobbled up by Dutch rival Takeaway.com

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Just Eat told its noisy …

Just Eat and Takeaway.com team up to fight Uber and Amazon in Europe
5 years, 7 months ago

Just Eat and Takeaway.com team up to fight Uber and Amazon in Europe

CNN  

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 …

Food delivery merger? Just Eat confirms it could be bought by Dutch rival Takeaway.com
5 years, 7 months ago

Food delivery merger? Just Eat confirms it could be bought by Dutch rival Takeaway.com

CNN  

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 …

Just Eat's revenue soars as online takeaway firm targets £1bn of annual sales
6 years ago

Just Eat's revenue soars as online takeaway firm targets £1bn of annual sales

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Just Eat has reported a …

Discover Related