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Blockade boosts orders and Just Eat Takeaway offers 180 million meals in the fourth quarter

Photo: Just Eat Takeaway.com

The Food Delivery Group’s Just Eat Takeout served approximately 180 million meals in the last three months of last year, an increase of 57% compared to the same period in 2019.

The company said in a transaction update that fourth-quarter revenue was up 60% to around 740 million euros. Growth was particularly strong in the UK, where in the home country of the Netherlands, the company provided 38% more meals.

Last year, the company processed a total of 588 million orders, an increase of 39% compared to 2019, generating approximately € 13 billion in revenue.

“We will continue to invest in price leadership in 2021, improve service levels and expand our offerings to restaurants and consumers,” CEO Jitse Groen said in a statement.

Groen founded Thuisbezorgd.nl (now Just Eat Takeaway.com) in 2000 when he was a 21-year-old student.

Takeout completed its acquisition of Just Eat in January last year, and in June it decided to acquire its US peer Grubhub to become “the largest online food delivery company outside of China.” I agreed.

The company currently operates in 23 European companies.

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Blockade boosts orders and Just Eat Takeaway offers 180 million meals in the fourth quarter

Source link Blockade boosts orders and Just Eat Takeaway offers 180 million meals in the fourth quarter

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