JUST EAT TAKEAWY SP/ADR - JTKWY STOCK NEWS

Incognia has announced a partnership with Grubhub to enhance platform security and improve customer experience in the food delivery sector. The collaboration aims to leverage Incognia's fraud prevention technology, incorporating device fingerprinting, location analysis, and tamper detection features. Initial testing shows promising results in increasing order profitability and decreasing care costs for Grubhub.

In the U.S. food delivery industry, valued at $350 billion, half of diners have used at least one food delivery service in the past year. Incognia, which recently secured $31 million in funding from Bessemer Venture Partners, serves global companies across various sectors, including food delivery, ride-hailing, peer-to-peer marketplaces, and financial services.

Wonder has announced the acquisition of Grubhub from Just Eat Takeaway.com for an enterprise value of $650 million, comprising $500 million in senior notes and $150 million cash. The deal is expected to close in Q1 2025. Wonder, which operates 28 locations in the Northeastern U.S., has also secured an additional $250 million in new capital. The merger combines Wonder's 'Fast Fine' dining concept, featuring Multi-Restaurant Ordering from renowned chefs, with Grubhub's network of 375,000 merchants and 200,000 delivery partners. The integration aims to create a comprehensive food delivery super app, offering first-party and third-party restaurants, groceries, and meal kits in a single platform.

Grubhub has partnered with PetSmart to offer pet supplies delivery through its marketplace, marking its first expansion into the pet retail sector. The partnership makes over 14,000 items available for delivery from more than 1,400 PetSmart locations across all 50 states. The service includes premium pet food, treats, toys, and apparel for on-demand delivery. PetSmart will be integrated into Grubhub+, offering members unlimited $0 delivery fees on eligible orders. To promote the launch, Grubhub is offering customers $10 off delivery orders of $40 or more for up to 10 orders until December 31.

Just Eat Takeaway.com N.V. (LSE: JET, AMS: TKWY) has announced a global partnership with Rokt, an ecommerce company specializing in AI and machine learning. This collaboration will enable Just Eat Takeaway.com to launch a retail media offering on the order confirmation page across all its brand sites, reaching over 82 million active customers in 19 countries.

The partnership will allow endemic and non-endemic advertisers to offer relevant messages to customers on Just Eat Takeaway.com's apps and websites, including brands like Just Eat in the UK, Lieferando in Germany, and Grubhub in the US. Rokt's AI-powered technology will help enhance the customer experience and unlock new revenue streams for Just Eat Takeaway.com.

This collaboration adds significant reach to Rokt's network, giving advertisers access to 90% of all food delivery customers in the UK and 60% of the UK population under 40.

Grubhub has expanded its Campus Dining business to over 60 new schools, now serving 4.5 million students across more than 360 universities, a 21% increase from last year. The company is introducing innovative solutions like:

1. Robot delivery expanding to nearly a dozen more schools, now available on over 20 campuses.
2. Amazon's Just Walk Out technology for checkout-free campus convenience stores.
3. Sustainable dining solutions through partnership with Topanga.io for reusable packaging.

These additions aim to enhance dining experiences, improve operational efficiency, and provide students with more flexible dining options. Grubhub+ Student offers additional benefits like free delivery and discounts for partnered schools.

Grubhub has launched Special Delivery, a program sponsoring the first meal for new moms post-delivery. Running through August, expectant mothers can claim $20 towards their desired meal every Wednesday at noon ET on GrubhubSpecialDelivery.com. This initiative addresses the intense cravings many mothers experience after nine months of dietary restrictions.

A recent Grubhub survey revealed:

• 75% of expectant moms consider their first postpartum meal in their birth plan
• 51% look forward to eating previously restricted foods more than physical comfort
• 46% know their desired post-delivery meal by the second trimester
• 31% crave deli meats the most
• 61% prefer delivery over home-cooked or hospital meals

Grubhub is also offering a free year of Grubhub+ to Special Delivery recipients, providing benefits like $0 delivery fees and exclusive offers.

Grubhub is celebrating its 20th anniversary with a series of events and promotions. The company, which started in Chicago in 2004, has grown to serve nearly 100 million customers through 375,000 merchants and 200,000 delivery partners.

Key highlights include:

• A '20 Years of Deals' event offering 20,000 free items from popular restaurants like Taco Bell, Wendy's, and McDonald's
• Up to 20% off orders from various restaurants and convenience stores
• A Chicago City Council resolution recognizing Grubhub's contributions
• A new Driver Community Grant Program
• A Chicago Food Fest in September
• An employee giving campaign supporting nonprofits

CEO Howard Migdal emphasized the company's evolution from digitizing menus to delivering a wide range of items to customers' doorsteps.

Grubhub (LSE: JET, AMS: TKWY) has partnered with Albertsons Companies (NYSE: ACI) to deliver groceries from nearly 1,800 stores, including Albertsons, Safeway, Vons, Jewel-Osco, Shaw's, ACME, and Tom Thumb. This partnership makes Albertsons the first national grocery retailer on Grubhub's Marketplace, enhancing customer convenience and variety through the Grubhub app and website.

Grubhub+ members will benefit from unlimited $0 delivery on eligible orders from Albertsons. This collaboration builds on Grubhub’s previous partnership with Mercato and continues its expansion into grocery and convenience delivery.

Starbucks has entered into a partnership with Grubhub to offer delivery services starting in June 2024, with a nationwide rollout by August 2024. This collaboration aims to meet the growing demand for Starbucks deliveries, which saw double-digit growth last quarter. Initially, the service will be available in select markets in Pennsylvania, Colorado, and Illinois, expanding to all U.S. states by August. Customers can use the Grubhub app to order a wide range of Starbucks products, including seasonal items, with customization options similar to in-store purchases. Grubhub+ members will benefit from $0 delivery fees on eligible orders. Starbucks has developed special packaging solutions to ensure quick and quality delivery.