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Just Eat and Takeaway Are One
#1 · July 29, 2019, 2:00 PM
As predicted, the consolidation is here: public traded Just Eat in London and Takeaway.com in Amsterdam have joined forces to have any chance against Uber Eats and Deliveroo. I expect more coming together.
The food delivery wars in Europe remain hotter than a vindaloo, and that’s leading to some major consolidation: today Just Eat and Takeaway.com, two of the bigger take-out and delivery businesses in the region, announced that they are in the “advanced stages” of a merger. The deal would help them combine forces and take on more scale to compete better with Uber Eats and Amazon-backed Deliveroo.
Both companies are currently publicly listed, Just Eat in London and Takeaway.com in Amsterdam, each with a market cap of around $5 billion.