Just Eat Takeaway's order growth jumps as online delivery surge continues
Reuters
Published Oct 14, 2020 06:23
AMSTERDAM (Reuters) - European food-ordering firm Just Eat (LON:JE) Takeaway.com NV (AS:TKWY) on Wednesday said it had received 46% more orders in the third quarter than a year earlier, as a surge in online orders due to coronavirus social distancing measures continued.
Order growth accelerated from an increase of 32% in the first half of 2020, with orders up 47% in Germany and 43% in the United Kingdom. Restaurants in the Netherlands delivered a third more meals through the company's platform.
"We have continued to generate strong adjusted EBITDA, while investing aggressively, and are well-positioned for autumn and winter, our traditional growth season," Chief Executive Jitse Groen said, without providing further financial details.
The figures were presented on a pro-forma basis, as if Takeaway's $7.8 billion (6 billion pounds) takeover of Britain's Just Eat that closed in April, had been completed Jan. 1, 2019.
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Written By: Reuters
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