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 companies.
Headquartered in Amsterdam, the Company is focused on connecting consumers and Partners through its platforms. With 679,000 connected Partners, Just Eat Takeaway.com offers consumers a wide variety of choices from restaurants to retail.
Just Eat Takeaway.com has rapidly grown to become a leading online food delivery marketplace with operations in Australia, Austria, Belgium, Bulgaria, Canada, Denmark, France, Germany, Ireland, Israel, Italy, Luxembourg, New Zealand, Poland, Slovakia, Spain, Switzerland, the Netherlands, the United Kingdom and the United States.
Most recent information is available on our corporate website and follow us on LinkedIn and Twitter.
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