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Food delivery giant Just Eat cuts 450 staff in AI shift
Dutch food delivery company Just Eat Takeaway said on Thursday it will cut about 450 jobs as it integrates automation and artificial intelligence into its operations.
Exclusive: EU antitrust regulators set to clear Prosus, Just Eat Takeaway deal, sources say
EU antitrust regulators are set to clear with conditions Dutch technology investor Prosus' 4.1-billion-euro ($4.74 billion) acquisition of Just Eat Takeaway , sources with direct knowledge of the matter said.
Just Eat Takeaway Posts Flat Growth for Key Metric, Backs Guidance
The food-delivery group said gross transaction value for the first quarter was €4.72 billion, compared to €4.70 billion for the same period a year earlier.
Just Eat loses Deutsche ‘buy' rating after shares surge on Prosus bid
Just Eat Takeaway.com NV has seen its ‘buy' rating removed by Deutsche Bank analysts after surging upon agreeing to a €4.1 billion (£3.4 billion) takeover by Prosus. Dubbing the acquisition a “compelling strategic fit,” Deutsche lifted Just Eat's share price target from €16.00 to €20.30 to reflect Prosus' offer and moved it to a ‘hold' rating.
Just Eat Takeaway.com N.V. (JTKWY) FY2024 Earnings Call Transcript
Just Eat Takeaway.com N.V. (OTCPK:JTKWY) FY2024 Earnings Conference Call February 24, 2025 4:30 AM ET Company Participants Jitse Groen - Chief Executive Officer Mayte Oosterveld - Chief Financial Office Jorg Gerbig - Chief Operating Officer Andrew Kenny - Chief Commercial Officer Conference Call Participants Andrew Ross - Barclays Monique Pollard - Citi Giles Thorne - Jefferies Christopher Johnen - HSBC Wim Gille - ABN AMRO Annick Maas - Bernstein Mark Davids - JP Morgan Robert Vink - Kepler Cheuvreux Sean Kealy - Panmure Liberum Silvia Cuneo - Deutsche Bank Operator Hello, everyone, and welcome to Just Eat Takeaway.com Fiscal Year 2024 Results Call.
Just Eat merger with formerly owned iFood likely in takeover overhaul - analyst
Just Eat Takeaway.com NV's €4.1 billion takeover is set to pave the way for a merger with its formerly part-owned Brazil-focused iFood among sweeping changes, analysts say. Dutch investment firm Prosus on Monday unveiled a €20.30 per share deal to buy Just Eat, which Panmure Liberum noted followed a poor period for the delivery firm.
Just Eat set for €4bn takeover by Prosus
Just Eat Takeaway.com NV has agreed to be taken private through a €4.1 billion (£3.4 billion) takeover by investment firm Prosus. Amsterdam-based Prosus had offered €20.30 per share, reflecting a 22% premium to the food delivery firm's latest three-month high, it said on Monday.
Just Eat Takeaway posts 36% growth in 2024 core profit
Just Eat Takeaway.com on Monday reported a 36% rise in its annual core profit on improvement in the key UK and Ireland markets, mainly due to lower costs of fulfilling orders and more efficient marketing.
Prosus to buy Just Eat Takeaway.com, to create a European food delivery firm
Dutch technology investor Prosus said on Monday it intends to buy Just Eat Takewaway.com's entire issued share capital for 4.1 billion euros ($4.31 billion) in an all-cash public offer on the Amsterdam exchange.
Tech investor Prosus to buy Just Eat Takeaway.com for $4.3 billion
European food delivery giant Just Eat Takeaway.com is poised to be acquired by Dutch technology investor Prosus in a deal worth roughly 4.1 billion euros ($4.3 billion).
Just Eat Takeaway completes Grubhub sale to Wonder for a modest $650M
After looking for a buyer for more than two years, Just Eat Takeaway.com has finally closed the menu on Grubhub. On Tuesday, the Dutch food delivery giant said it completed the sale of the U.S. business to Wonder, the food startup founded and led by e-commerce veteran Marc Lore.
Grubhub to pay $25 million for deceptive practices against customers, drivers, restaurants
Grubhub settled with the U.S. Federal Trade Commission and Illinois Attorney General Kwame Raoul on Tuesday for allegedly misleading customers about order fees, adding restaurants to its platform without their consent and deceiving drivers about pay.
