Just Eats tasty figures
Leading online and mobile marketplace for takeaway food reveals strong Q3 results
Total Orders in the three months to 30 September 2014 ("Q3") increased by 56% compared to the same period in 2013. This figure includes the benefit of consolidating the orders from the company’s French business (Alloresto.fr) from July 2014.
On a like for like basis (i.e. excluding the French orders) JUST EAT's orders increased by 51% in Q3 compared to the same period in 2013.
Other developments include establishing a joint venture with the Brazilian online delivery food operator, iFood in which JUST EAT holds 25%.
David Buttress, CEO commented, "I am very pleased with our performance over the summer, a period when even more consumers have enjoyed the benefits of our online marketplace for takeaway food, particularly via their mobile devices. At a strategic level, our commitment to developing market leadership in all of our territories was further reinforced by JUST EAT acquiring control of Alloresto.fr in France, and creating a market-winning JV in Brazil with iFood. We are in an excellent position as we enter the important winter period and remain confident for the full year."
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