Just Eat Takeaway.com N.V. Sponsored ADR (JTKWY)
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Grubhub to pay $25M for ‘deceptive' practices against customers, drivers
Grubhub will pay $25 million to settle a lawsuit from the Federal Trade Commission and Illinois Attorney General Kwame Raoul over unlawful practices, including misleading customers about delivery costs, deceiving drivers about potential earnings, and listing restaurants on its platform without their permission.
Just Eat Takeaway to delist from London Stock Exchange in blow to UK market
After completing a review of optimal listing venues, Anglo-Dutch food delivery firm Just Eat Takeaway said it intends to delist from the London Stock Exchange. That would make Amsterdam Just Eat Takeaway's sole trading venue.
Just Eat Takeaway to withdraw from London stock exchange, citing costs
Netherlands-based food delivery company Just Eat Takeaway.com on Wednesday announced its plans to de-list its stock from the London stock exchange at the end of this year, the latest large company to withdraw from the bourse.
Grubhub to be sold for a fraction of what Just Eat Takeaway paid in 2021
Meal-delivery service Grubhub is going to be sold to Wonder Group, which bought Blue Apron last year, in a deal for a fraction of what it was sold for three years ago
Just Eat Takeaway sells Grubhub to Wonder for $650 million
Netherlands-based Just Eat Takeaway announced today that it is selling Grubhub to Wonder in a deal valued at $650 million.
Grubhub reportedly in talks to be acquired by Marc Lore's Wonder startup
Grubhub is likely to be valued below $1 billion in any deal, The Wall Street Journal reported.
Meta fires employees who abused its $25 Grubhub meal perk
Meta terminated some employees who abused a Grubhub perk, a source confirmed to BI. The Grubhub credits are for employees working late at Meta's smaller offices.
Just Eat partners with Rokt for AI-enhanced advertising on its platforms
Just Eat Takeaway is partnering with e-commerce firm Rokt to use its AI technology to enhance post-purchase advertisements on Just Eat's apps and websites, the Dutch food delivery company said on Wednesday.
Just Eat share to lift in line with market – broker
Just Eat Takeaway.com NV (LSE:JET, NASDAQ:GRUB) shares have jumped more than 10% after it reported earnings ahead of expectations, but analysts have said performance is likely to remain in line with the market. The takeaway delivery group achieved an adjusted EBITDA of €203 million, marking a 42% increase and coming in 6.2% ahead of estimates by Deutsche Bank analysts.
Just Eat backs guidance and launches share buyback as earnings expand
Just Eat Takeaway.com NV (LSE:JET, NASDAQ:GRUB) benefited from a strong surge in underlying earnings in its first half, facilitating a fresh share buyback programme and the backing of full-year guidance. The delivery group reported a 3% growth in gross transaction value (GTV) excluding North America for the first half of 2024, a trading update revealed.
Why Just Eat Takeaway Is A Speculative Buy
Just Eat Takeaway.com N.V. stock dropped significantly since its IPO and more so since 2020 at over $100, despite a commercial agreement with Amazon for free delivery in 2022. Full year 2023 results show a modest drop in gross transaction volume, but adjusted EBITDA has increased greatly, creating an opportunity for investors. Opportunities for growth in Northern Europe and UK/Ireland, while risks remain in Southern Europe and ANZ. Peers Brinker and DoorDash also have positive returns.
