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JUST EAT TAKEAWY SP/ADR - JTKWY STOCK NEWS

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JUST EAT TAKEAWY SP/ADR (JTKWY), operating as takeaway.com, is the leading food-ordering site in continental Europe. Founded by Jitse Groen in 2000, takeaway.com processes millions of orders monthly across multiple European countries including the Netherlands, Belgium, Germany, Poland, Austria, and more. With Jitse Groen as the CEO, takeaway.com is known for its agile and rapid growth, prioritizing socializing and maintaining a dynamic and vibrant company culture.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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Grubhub partners with Mercato to bring nearly 1,000 independent grocery partners to its Marketplace, expanding selection to include grocery, convenience, and alcohol merchants. Mercato's merchants gain access to Grubhub's millions of customers, enhancing their online presence and visibility. The collaboration aims to support small businesses and stimulate increased demand for merchants.
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Grubhub collaborates with Prime Video to bring the Fallout universe to life with an exclusive Nuka-Blast Burger Meal. Fans in select areas can order the -edition meal starting April 11. The meal includes a Nuka-Blast Burger, fries, and Nuka-Cola Victory SPECIAL RELEASE. Grubhub's 'Tune In & Takeout' series offers unique food pairings for Prime Video shows, enhancing the viewing experience.
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Grubhub partners with CVS Pharmacy to offer thousands of wellness, beauty, and convenience items on its platform. Customers can enjoy a Daylight Saving Essentials promotion to combat the effects of losing an hour of sleep.
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FAQ

What is the current stock price of JUST EAT TAKEAWY SP/ADR (JTKWY)?

The current stock price of JUST EAT TAKEAWY SP/ADR (JTKWY) is $2.6425 as of October 15, 2024.

What is the market cap of JUST EAT TAKEAWY SP/ADR (JTKWY)?

The market cap of JUST EAT TAKEAWY SP/ADR (JTKWY) is approximately 2.5B.

When was takeaway.com founded?

takeaway.com was founded in 2000.

Which countries does takeaway.com operate in?

takeaway.com operates in the Netherlands, Belgium, Germany, Poland, Austria, Switzerland, Luxembourg, Portugal, Bulgaria, Romania, and Vietnam.

Who is the CEO of takeaway.com?

Jitse Groen serves as the CEO of takeaway.com.

How many orders does takeaway.com process monthly?

takeaway.com processes millions of orders monthly.

What is the key focus of takeaway.com's growth strategy?

takeaway.com focuses on maintaining a dynamic and vibrant company culture while rapidly expanding across multiple European countries.

JUST EAT TAKEAWY SP/ADR

OTC:JTKWY

JTKWY Rankings

JTKWY Stock Data

2.47B
157.36M
0.01%
0.36%
Internet Retail
Consumer Cyclical
Link
United States of America
Amsterdam