To concentrate on leadership positions and profit pools, Just Eat Takeaway.com N.V. (LSE: JET, AMS: TKWY) intends to discontinue its platform and delivery operations in Romania, anticipated to be effective as of 1 June 2022. Financial details have not been disclosed. The impact on Orders, Gross Transaction Value and Revenue for the Company and the segment Southern Europe and ANZ will be immaterial.
Over the past period, the competitive pressure, our relative scale and the overall market penetration for food delivery in Romania have been insufficient to sustain a healthy business. With this in mind we have made the difficult decision to cease our operations in Romania. The closing of this market enables us to concentrate on sustainably profitable and market leading positions.
About Just Eat Takeaway.com
Just Eat Takeaway.com (LSE: JET, AMS: TKWY) is one of the world’s leading global online food delivery marketplaces.
Headquartered in Amsterdam, the Company is focused on connecting consumers and partners through its platforms. With 680,000 connected partners, Just Eat Takeaway.com offers consumers a wide variety of food choice.
Just Eat Takeaway.com has rapidly grown to become a leading online food delivery marketplace with operations in the United States, United Kingdom, Germany, the Netherlands, Canada, Australia, Austria, Belgium, Bulgaria, Denmark, France, Ireland, Israel, Italy, Luxembourg, New Zealand, Poland, Slovakia, Spain and Switzerland, as well as through partnerships in Colombia and Brazil.
Contact details
Related topics
Related news
Longest European Food Delivery by bike finishes at the Just Eat Takeaway.com HQ in Amsterdam
Two Dutch pro cyclists, Eva and Mari, have travelled over 3,000 km across European mainland to complete the Longest European Food Delivery by bike.
Grubhub and Bank of America Team Up to Offer Grubhub+ for Free to Cardholders
Grubhub and Bank of America today announced that eligible Bank of America cardholders can receive Grubhub+ free for one year, providing unlimited $0 delivery fees on orders of $12 or more...
Just Eat Takeaway.com pilots grocery delivery via its own convenience store in Berlin
Lieferando Express opened in Berlin, where Just Eat Takeaway.com will leverage its extensive network of thousands of employed couriers across the city. Available for consumers as ‘Liefera...
Grubhub and Brinker Partner to Bring Fan Favorites to the Grubhub Marketplace
Grubhub and Brinker International announced today a partnership to bring the Chili's® Grill & Bar, It's Just Wings® and Maggiano's Little Italy® brands to Grubhub.
Just Eat brings seaweed-lined packaging to the UEFA Final in Sevilla
Just Eat Takeaway.com provided sustainable, innovative seaweed lined packaging at the UEFA Finals in Seville and Turin. Through this collaboration, the platform seeks to expand its packag...