Just Eat Takeaway explores Grubhub sale and downgrades guidance
Delivery group’s share price has fallen over 70% as it lost money despite pandemic surge in demand
Delivery group’s share price has fallen over 70% as it lost money despite pandemic surge in demand
Amsterdam-based firm enjoyed a 33 per cent surge in revenues in 2021
Online food ordering sees weaker growth in the US
Surge came as Covid-19 restrictions boosted demand for food delivery services
Demand for food delivery services has boomed during Covid-19 pandemic
Pandemic benefits Dutch-based takeaway platform business
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Chief executive says he wants to employ people who get benefits and have job security
Unresolved issues sink planned deal, with rival Just Eat swooping in with new offer
Deal will give food delivery business foothold in US
Food delivery group had already agreed merger with Takeaway.com
The terms value Just Eat at around €5.1 bn, based on Takeaway’s Friday market close
Deal would create one of the largest online food delivery groups in the world
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