Just Eat Takeaway's Orders Increased 46% In Q3 2020

By Dave Simpson
Just Eat Takeaway's Orders Increased 46% In Q3 2020

European food ordering firm Just Eat Takeaway.com NV has said that the number of orders it received during the third quarter of 2020 increased 46% year-on-year, as a surge in online orders due to COVID-19-related restrictions continued.

Order growth accelerated from an increase of 32% in the first half of 2020, with orders being up 47% in Germany and 43% in the United Kingdom, while restaurants in the Netherlands delivered a third more meals through the company's platform.

"We have continued to generate strong adjusted EBITDA, while investing aggressively, and are well-positioned for autumn and winter, our traditional growth season," the firm's chief executive, Jitse Groen said, without providing further financial details.

Pro-Forma Basis

The figures were presented on a pro-forma basis, as if Takeaway's $7.8 billion takeover of Britain's Just Eat that closed in April had been completed on January 1, 2019.

News by Reuters, edited by Hospitality Ireland. Click subscribe to sign up for the Hospitality Ireland print edition.