101–110 of 150 posts
Wow. I thought Uber were going for it? The food delivery market share war is really interesting. For folks in the UK. The Competition Markets and Authority (CMA) delayed a decision on whether Amazon could invest $500m in Deliveroo as of yesterday[1]. Deliveroo are more established in Europe but I can now see the CMA approving Amazon investment into Deliveroo[2]. Why? Just Eat provided evidence to the CMA recently on…
That's the relevant difference
Earlier quoted context omitted.
wait... this comment is confusing. how is he not contributing towards "keeping the restaurant in business" by ordering delivery vs picking it up in person?
When you order through a delivery service, the restaurant is generally paid less than their normal menu price, and none of the tips go to the kitchen staff. In addition to charging the restaurant, the delivery service charges the customer a higher price than the restaurant would. They add delivery fees and service fees. On top of that, the online menus in the delivery service apps often have higher prices than the re…
I am a bit confused by the legal structure of this business: Article states that just eat is dutch, but it is not based in the Netherlands. It is a UK company that used to be based in Denmark. According to Wikipedia it recently merged with Takeaway but is still operating as a subsidary with its own brand. https://en.wikipedia.org/wiki/Just_Eat
Just Eat was a UK based company which was public on the London Stock Exchange (LSE). It was then bought out by Takeaway.com (Thuisbezorgd.nl) based in the Netherlands and the company is now on the LSE (in the FTSE 100) and Euronext Amsterdam. Just Eat was originally founded in Denmark but moved to the UK Just Eat was founded in 2000 in Denmark, then moved to the UK in 2005. It floated on the London Stock Exchange in…
I read it as "Just Eat, takeaway" not as a concatenated company name which apparently is "JET" on the LSE
https://www.londonstockexchange.com/stock/JET/just-eat-takea...
Earlier quoted context omitted.
From https://www.cbsnews.com/news/why-mergers-fail/ One KPMG study found that 83 percent of these deals hadn't boosted shareholder returns, while a separate study by A.T. Kearney concluded that total returns on M&A were negative.
There's a presumption that companies engaged in M&A would have been executing as well as historically. Basically - it's an unscientific opinion
Just eat was originally Danish not Dutch
Takeaway was originally Dutch.
Just Eat Takeaway is a Dutch company listed on London Stock Exchange since February 2020.
Wow. I thought Uber were going for it? The food delivery market share war is really interesting. For folks in the UK. The Competition Markets and Authority (CMA) delayed a decision on whether Amazon could invest $500m in Deliveroo as of yesterday[1]. Deliveroo are more established in Europe but I can now see the CMA approving Amazon investment into Deliveroo[2]. Why? Just Eat provided evidence to the CMA recently on…
Deliveroo investment is going to affect the UK market, while this deal has 0 impact on any markets. That's the relevant difference
Just eat was originally Danish not Dutch
Just Eat was originally Danish. Takeaway was originally Dutch. Just Eat Takeaway is a Dutch company listed on London Stock Exchange since February 2020. https://en.wikipedia.org/wiki/Just_Eat_Takeaway
I and many others had the same concerns when Just eat bought Hungry House. Now we've got Deliveroo and Uber Eats too, but how can a smaller player survive with these behemoths?
I read an article with some details from the Uber side on why that deal fell through. I never thought I'd read an article where Uber seemed to be on the ethical right side of things... "Uber also believed it would would need to stop several undesirable business practices from Grubhub, including phone charges and cybersquatting, or buying domain names with the intent to profit from them. Grubhub has denied cybersquatt…
Aah thuisbezorgd/takeaway does squad domains so grubhub will fit right in.
I only know them from their Dutch branch Thuisbezorgd, which seems fairly decent, and has contracts with connected restaurants. Quite recently they've been under attack for abusing their near-monopoly (they do have Deliveroo and Uber Eats as competitors, as well many independent restaurants; many connected restaurants also have their own site) by raising their margins, putting pressure on restaurants.
GrubHub sounds like the worst of the worst, so I was quite surprised to learn they were bought by Thuisbezorgd's parent.