Just Eat Agrees $10bn Merger With Dutch Rival Takeaway.com

  • 📰 Forbes
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

The deal, if it goes ahead, would

in principle to merge with Dutch rival Takeaway.com to create one of the world’s largest such platforms, a move that could help the Europe-headquartered firms stay competitive amid increasing competition from rivals Uber Eats and Amazon-backed Deliveroo.

Takeaway.com founder Jitse Groen will head up the company, while Mike Evans, Just Eat chairman, will chair it. As well as increasing the global reach of the companies, the merger could mean a greater range of restaurants for customers, as well as developing technology to improve the firm’s day-to-day operations. Takeaway.com, which has reportedly been in discussions with Just Eat for several weeks, has until August 24 to firm up the deal.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in BUSİNESS

Business Business Latest News, Business Business Headlines