
Just Eat Takeaway sees delivery orders soar 733%, raises guidance
Triple-digit order growth was seen in London.
Just Eat Takeaway has upped its guidance after seeing delivery orders skyrocketing by a staggering 733%.
The firm said in a trading statement that half year orders in 2021 are up 61%, whilst newly-acquired subsidiary Grubhub saw 51% growth.
Just Eat said it now expects more than 45% order growth in FY21, with gross group transaction value for the full year expected to reach €28 to €30 billion.
“We have combined Just Eat and Grubhub into one of the largest online food delivery companies in the world,” CEO Jitse Groen said. “The new combination grew 51 per cent in terms of orders in the first half year,” he continued.
Just Eat Takeaway.com consolidated in 2019 when Takeaway.com bought British firm Just Eat. Last month, it completed a major £5.75 billion takeover of US rival GrubHub. Recently, Just Eat announced it will acquire Slovakian food delivery Bistro.sk, approximately valued at €50 million, and is expected to close later in the year.