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Just Eat agrees grocery deal with Getir

Thu, 17th Nov 2022 07:31

(Sharecast News) - Just Eat Takeaway.com has struck a Europe-wide partnership deal with Turkey's Getir, the grocery delivery firm.

The Amsterdam-based, London-listed firm said on Thursday that Getir's entire product portfolio would be integrated into Just Eat's marketplace, to be delivered by Getir's couriers.

The partnership will launch in Germany next week, with around 2,000 items made available, before being rolled out to the UK, Spain, Italy and France before the end of the year.

Financial details of the deal were not released.

Turancan Salur, Getir regional manager, said the partnership would allow Getir to "benefit from accessing the large consumer base and continue to grow across Europe". Getir, which was founded in 2015 and has operations in 81 Turkish cities, launched in the US, UK, Germany and a number of other European countries last year.

Andrew Kenny, interim chief operating officer at Just Eat, said the company was committed to expanding its grocery offering.

As at 1015 GMT, Just Eat's shares were largely flat at 1,897.2p.

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Just Eat guides to strong profit growth in 2024

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17 Jan 2024 07:46

Just Eat lifts full-year core profit outlook

(Sharecast News) - Just Eat Takeaway said on Wednesday that 2023 core profit was set to be ahead of guidance, following a strong fourth-quarter performance in Northern Europe and the UK and Ireland.

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26 Jul 2023 07:44

Just Eat delivers interim profit; CFO quits

(Sharecast News) - Meal delivery company Just Eat Takeaway.com swung to a profit at the half-year and said chief financial officer Brent Wissink would step down next May "to pursue other opportunities".

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21 Mar 2023 13:24

Just Eat to lay off 1,700 delivery drivers

(Sharecast News) - Food delivery firm Just Eat Takeaway is reportedly planning to axe around 1,700 delivery drivers amid a slowdown in demand.

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1 Mar 2023 08:11

Just Eat posts wider-than-expected FY loss

(Sharecast News) - Food delivery giant Just Eat Takeaway posted a wider-than-expected full-year loss on Wednesday despite seeing revenues increase due to increased spending levels.

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18 Jan 2023 08:51

Just Eat turns EBITDA positive in H2

(Sharecast News) - Food delivery giant Just Eat revealed on Wednesday that it had turned EBITDA positive in the second half of the year amid an increased focus on profitability during the period.

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16 Jan 2023 07:22

Just Eat partners with Sainsbury's for new delivery offering

(Sharecast News) - Food delivery group Just Eat has launched a new partnership with grocery giant Sainsbury's, marking the platform's second tie-up with one of the UK's "Big Four" grocers.

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10 Jun 2022 07:50

Just Eat's US wing attracts interest from private equity firms

(Sharecast News) - Food delivery giant Just Eat's US wing has attracted preliminary interest from private equity firms, including Apollo Global Management.

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20 Apr 2022 08:47

Just Eat considers sale of Grubhub as orders dip

(Sharecast News) - Just Eat said on Wednesday that it was considering the partial or full sale of Grubhub as it reported a dip in first-quarter orders and cut its guidance for the full year.

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2 Mar 2022 08:22

Just Eat loss smaller than expected, to exit Norway Portugal

(Sharecast News) - Meal delivery company Just Eat Takeaway.com, reported a smaller-than-expected annual loss core loss on Wednesday and said it was exiting Norway and Portugal

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8 Feb 2022 08:36

Just Eat to delist shares from Nasdaq

(Sharecast News) - Food delivery platform operator Just Eat Takeaway revealed on Tuesday that it will delist its shares from the Nasdaq as part of an effort to cut both costs and regulatory burdens.

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12 Jan 2022 08:47

Just Eat FY orders and gross transaction value increase in 2021

(Sharecast News) - Online food delivery platform operator Just Eat Takeaway said on Wednesday that orders grew 33% year-on-year in 2021 to 1.1bn and gross transaction value increased 31% to €28.2bn.

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25 Oct 2021 10:32

Cat Rock Capital urges Just Eat Takeaway.com board to sell or spin-off Grubhub by end of year

(Sharecast News) - Investment firm Cat Rock Capital Management has sent a letter to the board of Just Eat Takeaway.com, urging it to sell or spin-off Grubhub by the end of the year in order to refocus the business and address the "deep and damaging undervaluation" of its equity.

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