Menulog, acquired by Just Eat in 2015, plans to shut down in Australia on November 26, leaving Uber Eats and DoorDash as the country's main food delivery apps
Tegan Jones / SmartCompany :
The EU Commission approves Prosus' €4.1B takeover of Just Eat Takeaway in a bid to create a “European tech champion” to rival DoorDash, which acquired Deliveroo
The European Commission has approved the €4.1bn takeover of Just Eat Takeaway by Prosus …
Sources: Prosus offered to cut its 27% Delivery Hero stake to below 10% and give up its board seat to address EU concerns over its €4.1B Just Eat Takeaway deal
Foo Yun Chee / Reuters :
Prosus plans to buy Just Eat Takeaway for €20.30 per share, a 22% premium over its three-month high, in an all-cash deal valuing the delivery company at €4B+
Deal marks end to tumultuous few years for European food delivery group — Just Eat Takeaway is set to be acquired …
Amsterdam-based Just Eat plans to delist from the London Stock Exchange on December 27, due to its shares' low liquidity, shifting to just an Amsterdam listing
Sarah Jacob / Bloomberg :
Just Eat Takeaway says it is selling Grubhub to Wonder in a $650M deal expected to close in Q1 2025; Just Eat bought Grubhub for $7.3B in 2020
Netherlands-based food delivery company Just Eat Takeaway.com said on Wednesday that it is selling its U.S. business Grubhub to New York-based Wonder Group …
Just Eat Takeaway plans to file for deregistration of its securities from the US SEC due to low trading volume and high costs, as Grubhub CEO Adam DeWitt exits
Silicon Canals :
Just Eat sells its 33% stake in Latin American joint venture iFood to Prosus for $1.8B; Prosus will now fully own the Brazilian food delivery company
Ivan Levingston / Bloomberg :
Just Eat sells its 33% stake in Latin American joint venture iFood to Prosus for $1.8B; Prosus will now fully own the Brazilian food delivery company
Just Eat Takeaway.com NV agreed to sell its 33% stake in Latin American joint venture iFood to Prosus NV for as much as 1.8 billion euros ($1.8 billion).
Amazon partners with Just Eat Takeaway to offer a free one-year Grubhub+ subscription to US Prime members; Amazon gets equity in Grubhub; DoorDash drops 9%+
Amazon tried but then ultimately stepped away from building its own cost-intensive Grubhub and DoorDash competitor in the U.S. back in 2019.