Just Eat Revenues Rise 47%

By Dave Simpson
Just Eat Revenues Rise 47%

Digital food delivery service Just Eat has recorded a 47% rise in revenues from £94.5 million to £138.6 million during Q3 of 2017, compared to the same three months last year.

The increase was driven by strong order growth as well as the acquisition of Canadian online food delivery service, SkipTheDishes, which Just Eat purchased for £66.1 million last December, as reported by The Irish Times.

The statistics for 2017's third quarter also reveal that Just Eat revenues rose 44% on a currency neutral basis, while total orders grew 29% from 33.3 million to 43.1 million.

Meanwhile, UK orders rose 22% from 21.4 million to 26.2 million and international orders increased 43% from 11.8 million to 16.9 million.