Just Eat Takeaway.com NV

Just Eat Takeaway.com NV owns and manages online food delivery marketplace. The firm connects consumers and restaurants through its platform and also offers delivery services. It operates through the following geographical segments: North America; Northern Europe; United Kingdom and Ireland; and Southern Europe, and Australia and New Zealand. The North America segment includes the U.S. and Canada. The Northern Europe segment consists of Austria, Belgium, Denmark, Germany, Luxembourg, Norway, Poland, Switzerland, Slovakia, and the Netherlands. The Southern Europe and ANZ segment refers to Australia, Bulgaria, France, Israel, Italy, New Zealand, Portugal, Romania, and Spain. The company was founded by Jitse Groen and Laurens Groenendijk in 2000 and is headquartered in Amsterdam, the Netherlands.

Just Eat Takeaway.com NV engages in the online food delivery marketplace. The firm connects consumers and restaurants through its platform and also offers delivery services. It operates through the following geographical segments: North America, Northern Europe, United Kingdom and Ireland, and Southern Europe, and Australia and New Zealand. The North America segment includes the U.S. and Canada. The Northern Europe segment consists of Austria, Belgium, Denmark, Germany, Luxembourg, Norway, Poland, Switzerland, Slovakia, and the Netherlands. The Southern Europe and ANZ segment refers to Australia, Bulgaria, France, Israel, Italy, New Zealand, Portugal, Romania, and Spain. The company was founded by Jitse Groen and Laurens Groenendijk in 2000 and is headquartered in Amsterdam, the Netherlands.

Prosus NV

Just Eat Takeaway.com NV said Friday that it has agreed to sell its around 33% stake in the iFood joint venture to Prosus NV for up to 1.8 billion euros ($1.82 billion) as it looks to focus on improving profitability and on a disciplined capital allocation.

Just Eat Takeaway.com to sell stake in venture to Prosus for up to $1.8 billion as it keeps Grubhub for sale

European food ordering and delivery giant Just Eat Takeaway has revealed that it's selling its stake in Brazil's iFood for up to €1.8 billion ($1.8 billion) to Prosus. The initial deal will amount to €1.5 billion in cash, plus another €300 million depending on the performance of iFood over the next 12 months.

Just Eat Takeaway sells stake in Brazil's iFood for ‘up to' $1.8B

Just Eat Takeaway.com NV (LSE:JET, NASDAQ:GRUB) has agreed to sell its 33% holding in the Latin American joint venture iFood to Prosus NV for up to €1.8bn in cash.  The deal will give Prosus full control of iFood.

Just Eat to sell iFood stake to Prosus for up to €1.8bn

The Amazon partnership can drive growth for the Grubhub asset. The Grubhub+ subscription offering can lower the churn of Amazon Prime members.

Just Eat Takeaway.com: Why Amazon Partnered With Grubhub

Just Eat Takeaway published its half-year results. I continue to view Just Eat Takeaway as significantly undervalued.

Just Eat Takeaway: Turnaround Continuing

Food delivery giant Just Eat Takeaway wrote down the value of its U.S.-based division Grubhub by 3 billion euros ($3.1 billion) as record-high inflation continues to constrain household budgets and food delivery companies overall take a hit. Total orders on its platform decreased 6.8% from the same period a year ago to 509.

Just Eat Writes Down Grubhub Valuation on Order Declines

Just Eat Takeaway.com N.V. (OTCPK:JTKWY) Q2 2022 Earnings Conference Call August 3, 2022 4:30 AM ET Company Participants Jitse Groen - CEO Brent Wissink - CFO Conference Call Participants William Woods - Bernstein Miriam Adisa - Morgan Stanley Marcus Diebel - JP Morgan Monique Pollard - Citi Giles Thorne - Jefferies Andrew Gwynn - BNP Paribas Andrew Ross - Barclays Clement Genelot - Brian Garnier Adrien de Saint Hilaire - Bank of America Georgios Pilakoutas - Numis Marc Hesselink - ING Rob Joyce - Goldman Sachs Wim Gille - ABN AMRO Jurgen Kolb - Kepler Cheuvreux Sarah Simon - Berenberg Sherri Malek - RBC Capital Markets Michael Roeg - Degroof Petercam Operator Hello and welcome to the Just Eat Takeaway.com Half Year 2022 Results Call.

Just Eat Takeaway.com N.V. (JTKWY) CEO Jitse Groen on Q2 2022 Results - Earnings Call Transcript

Just Eat Takeaway.com NV (LSE:JET, NASDAQ:GRUB) shares were gobbled up on Wednesday as it made “significant progress towards profitability” in the first half and reappointed Jorg Gerbig as chief operating officer. Althouh it reported a 7% decline in orders, this was compared to last year's pandemic-boosted period, and was offset by a higher average transaction value this year, resulting in revenue growing 7% to €2.8bn.

Just Eat makes steps towards profitability which sends shares climbing

Grubhub's Amazon bet appears to be paying off. On a call with analysts Wednesday (August 3) discussing the Grubhub parent company Just Eat Takeaway's half year 2022 financial results, executives from the Amsterdam-based multinational food delivery firm discussed the success of the partnership so far.

Amazon's Budding Grubhub Partnership Could Grow to 15% Stake

Amazon

DoorDash

Uber

Amazon.com Inc. is jumping further into the food-delivery business by teaming up with Grubhub, just as some analysts say they see the pandemic-induced spike in that market slowing. So what does that mean for dominant U.S. delivery companies Uber Technologies Inc. and DoorDash Inc.?

Will Amazon and GrubHub take a bite out of Uber and DoorDash's food-delivery dominance?

When food delivery service Grubhub struck a deal with Amazon earlier this month, offering Prime customers a year's free delivery, shares in rivals slumped.

Analysis: Food delivery companies revamp for cost-of-living crunch

Just Eat Takeaway is cutting 390 jobs from its workforce in France, constituting part of a broader global restructuring effort as the food delivery giant looks to reverse its recent downturn. Just Eat Takeaway is the result of a $7.6 billion merger between the U.K.'s Just East and Dutch rival Takeaway.com back in 2020.

Just Eat Takeaway scales back in France as market value drops 84% in 10 months

Just Eat may eliminate 350 jobs in France due to “difficult market dynamics” in the country, although the plan, which would involve firing permanent delivery staff in 26 cities across France, is still being negotiated with unions.

More Delivery Layoffs on the Horizon as Just Eat Eyes French Restructure

In an attempt to expand its user base, food delivery service Grubhub has been branching out and adding more promotional opportunities, such as its May promotion which offered New Yorkers a “free lunch.” However, the company is no longer on the top of its field, as The Wall Street Journal reported Sunday (July 17).

Grubhub Pressures Rivals DoorDash, Uber Eats as Food-Delivery Market Shrinks

GrubHub

The e-commerce giant is trying to help Grubhub disrupt the food-delivery space.

Will Amazon's Grubhub Deal Kill Uber and Doordash's Food-Delivery Dreams?

Amazon Prime members will receive free GrubHub memberships as part of a new deal with GrubHub's parent company, JustEat Takeaway.com.

Should Amazon And GrubHub's Deal Make DoorDash Nervous?

Amazon.com Inc (NASDAQ: AMZN) added food delivery to the list of services included in its “Prime” membership as it took a 2.0% stake in Grubhub on Wednesday. How does it affect Uber and DoorDash?

Amazon partners with Grubhub: a red flag for Uber and DoorDash?

Ecommerce leader Amazon.com Inc (NASDAQ: AMZN) has used a series of acquisitions and partnerships to boost the offering of its Amazon Prime subscription service. Here's a look at some of the benefits Prime subscribers get and what may be coming down the road.

Amazon Prime Adds Food Delivery Incentive, What Industry Could Be Next?

Amazon Prime customers in the United States will be able to receive a year of free restaurant delivery through Grubhub+ under a deal announced Wednesday by Just Eat Takeaway.com.

Amazon, Just Eat deal to offer free Grubhub delivery in US

Amazon is providing a new exclusive offer for Prime members.

Amazon Collaboration Could Be a Big Deal for Grubhub

Three years after giving up on its own food delivery service, Amazon is trying a new tactic, partnering with delivery company Grubhub and offering free, one-year Grubhub+ memberships as part of a “Prime Day” promotion.

Amazon partners with Grubhub and adds new Prime food delivery perk

Amazon may be deeply embedded in consumers' daily routines in so many aspects of their life — from ordering household essentials to streaming content — but the behemoth has yet to make a dent in competitor Walmart's lead in food and beverage categories.

Amazon Takes on Walmart's Food Lead With Grubhub Partnership

Get all the takeout you want without any delivery fees for one year.

Amazon Offers Free Grubhub Plus Delivery to Prime Members

Amazon has acquired a 2% stake in Grubhub, the North America-based subsidiary of European food delivery giant Just Eat Takeaway, the Amsterdam-based company announced Wednesday.  Shares of Just Eat (OCTUS: JTKWY) were trading up nearly 20% on the news Wednesday morning, while rival DoorDash's stock (NYSE: DASH) was down about 10%.

News for Just Eat Takeaway.com NV Stock (JTKWY)