Just Eat owner reports best ever final quarter in UK
The IndependentFor 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’s parent company reported its best ever final quarter last year in the UK and Northern Europe, but said that its business elsewhere in the world had struggled more. We are excited that both our Northern European and UK and Ireland segments have achieved their all-time high quarterly GTV level, showing the strength of our European business Jitse Groen, Just Eat Yet shares in the business dropped 2.6% on Wednesday morning. In Northern Europe, GTV was up 5% to 2.04 billion euros, the slightly larger North American business shrank 15% and the much smaller Southern Europe and Australia and New Zealand business, which are counted together, shrank 17%. “We are excited that both our Northern European and UK and Ireland segments have achieved their all-time high quarterly GTV level, showing the strength of our European business,” said chief executive Jitse Groen.
History of this topic
Just Eat Takeaway sells Grubhub for $650 million, just 3 years after buying the app for $7.3 billion
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Just Eat celebrates best UK sales performance for three years
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Just Eat increases annual earnings outlook, but orders continue to fall
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Just Eat will slash 1,700 delivery driver jobs
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Just Eat owner to sell stake in iFood for £1.5bn
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Just Eat sees losses widen but delivers £4.4bn in sales
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Just Eat's revenue soars as online takeaway firm targets £1bn of annual sales
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