Just Eat takeaways soar to 15.5 million a month in the UK

Tom Belger
·Finance and policy reporter
·2 min read

Watch: More than 46m takeaways ordered through Just Eat in three months

Just Eat Takeaway.com (JET.L) has delivered 151.4 million takeaways around the world in three months as demand soared during the pandemic, new figures show.

Orders leapt during in its third quarter, up 46% on the previous year in its European and other markets.

The company, headquartered in Amsterdam, saw the highest sales in the UK. Its drivers and riders delivered 46.4 million orders in three months, or around 15.5 million a month, up 43% on the previous year.

Takeaway delivery firms have been one of the few winners from the coronavirus crisis, with millions more households staying at home and many dine-in restaurants facing restrictions. The delivery firm now has partnerships with 205,000 restaurants.

The online delivery giant said in a trading update the integration of Just Eat and Takeaway.com following their merger was “on track,” including the same branding worldwide. Its acquisition of Grubhub was also approved at a company extraordinary general meeting earlier this month, and is expected to be completed in the first half of next year.

Signage for Just Eat is seen on the window of a restaurant in London, Britain, August 5, 2019. REUTERS/Toby Melville.
Just Eat orders have soared since the pandemic hit. Photo: Toby Melville/Reuters

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Growth took off most in Australia, with “triple-digit order growth.” In Canada, orders were up 98% to 23.5 million orders.

Jitse Groen, CEO of Just Eat Takeaway.com, said: “Order growth at Just Eat Takeaway.com further accelerated, consequently widening the gap to competitors in our key markets. We have continued to generate strong adjusted EBITDA, while investing aggressively, and are well-positioned for autumn and winter, our traditional growth season.”

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The latest statement published on Wednesday said the investment programme included significantly increasing its spending on marketing and sales in countries where Just Eat operates.

Just Eat Takeaway.com shares jumped 5.2% on the update on the London Stock Exchange on Wednesday.

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