
Just Eat Takeaway.com Investor Relations Material
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Q4 2024
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Food Delivery Duo
Just Eat Takeaway.com is a global online food ordering and delivery company, commonly referred to as either Just Eat or Takeaway.com. Just Eat was founded in Denmark in 2001 by, the platform originally aimed to connect consumers with local restaurants. Takeaway.com has Dutch origins, and the paths of the two companies converged in 2020. The merger between the two parties created one of the world's largest platforms for online food delivery Today, Just Eat operates in numerous countries across Europe, North America, and other parts of the world, offering millions of customers a wide array of dining options from local eateries to well-known restaurant chains.
Combining Forces
Both Just Eat and Takeaway.com started with the idea to simplify the process of ordering takeaway food. The pair quickly became prominent players in the online food ordering sector, providing a bridge between customers and their local restaurants. As both companies grew, Just Eat expanded beyond Danish borders, entering the UK market in 2006 and subsequently spreading its footprint to several other countries. Takeaway.com had a similar journey with expansion and the two companies came together led to its merger with its current parent company Takeaway.com in 2020. The company is one of the leading market participants in online food delivery, together with other notable companies such as DeliveryHero and Deliveroo.
Food Delivery Made Simple
Acting as an intermediary between consumers and local restaurants, the platform provides an efficient, digital method for users to browse local food menus, order dishes, and opt for delivery or pickup. With its user-friendly interface, Just Eat Takeaway.com offers an array of choices from various partnered restaurants in the customers’ local area. This approach is something that makes it simple for restaurants to offer convenient takeaway options for their customers, as they can simply utilize the infrastructure that Just Eat Takeaway.com offers.
The Drivers
Just like companies like Uber and their rivals, Just Eat Takeaway.com sources their drivers through a variety of different methods, and different branches in different countries have different ways of employing their workers. In some countries, the company utilizes independent contractors, while other branches utilize full-time employees.
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