Just Eat Takeaway.com processed 77 million orders in the UK during the first half of the year, up 18 per cent on last yearThe lockdown led to a boom in sales for Just Eat Takeaway.com, which attracted a record number of new restaurants and customers in the first half of the year. The group, which in June unveiled a $7.3 billion takeover of Grubhub, of the United States, to create the biggest operator outside China, processed 257 million orders, up 32 per cent year-on-year, on the back of faster growth in the second quarter. Revenues jumped by 44 per cent to €1 billion, with underlying earnings up 133 per cent to €177 million, although the reported loss for the period rose from €27 million to €158 million, mainly because of €142 million of advisory fees from the £10 billion merger between Just Eat and Takeaway.com and the proposed
Source: The Times August 12, 2020 10:52 UTC