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foodora rider in Tampere, Finland. Foodora was founded under the name Volo GmbH in Munich in February 2014. It relocated to Berlin when Rocket Internet acquired the majority of the company in April 2015. [5]
Just Eat is an online food order and delivery platform. It was founded in 2001 in Kolding, Denmark, as a food delivery company, and later headquartered in London, United Kingdom, from 2006 (as Just Eat plc) [a] until it was purchased by Netherlands-based Takeaway.com in 2020 forming Just Eat Takeaway.com. [1]
In early 2015, the company made an all-stock purchase of TastyKhana.in, and the portal Just Eat India. [36] Towards the end of 2015, the company laid off around 300 employees in India. [ 37 ] During that time, there was allegedly malpractice at Foodpanda India, including non-payments to restaurants and fake listings.
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Online food ordering is the process of ordering food, for delivery or pickup, from a website or other application. The product can be either ready-to-eat food (e.g., direct from a home-kitchen, restaurant, or a virtual restaurant) or food that has not been specially prepared for direct consumption (e.g., vegetables direct from a farm/garden, fruits, frozen meats. etc).
“We believe Just Eat’s equity value has decoupled from its fundamentals because of a complete loss of trust in the management and supervisory board’s capital allocation and financial management.
On 19 August 2022, Just Eat Takeaway.com sold its 33% stake in iFood to Prosus (via Movile) for €1.8 billion. [42] [43] [11] In November 2024, Just Eat Takeaway announced that it was selling Grubhub to restaurant chain Wonder Group Inc for $650m. [44] Just Eat bought Grubhub in a $7.3bn deal agreed in June 2020. [45]