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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's 2022 Delivered report highlights significant food ordering trends and diner habits, revealing burritos as the most ordered item, surpassing 4 million orders. The report showcases preferences in various categories, with iced coffee becoming the top coffee choice, and Australian cuisine experiencing a 500% surge in interest. Additionally, the report emphasizes the impact of Grubhub+ membership, allowing Prime members to enjoy free delivery on eligible orders. Overall, the findings reflect a strong inclination towards comfort food and unique dining experiences in 2022.

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Grubhub and Kiwibot announced a partnership to provide robot delivery services at college campuses, starting with the University of North Dakota. The service aims to enhance the campus dining experience by offering students a convenient way to receive food deliveries via the Grubhub app. Kiwibot's autonomous robots are designed to operate in various weather conditions, moving at a human walking pace and capable of carrying up to 25 pounds. This collaboration expands Grubhub's delivery options across more than 250 campuses in the U.S., integrating meal plans directly into their platform.

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Grubhub has partnered with Rite Aid to provide nationwide delivery of drugstore products, especially during the peak cold and flu season. Over 2,000 Rite Aid locations across 16 states will be available on the Grubhub Marketplace. A survey indicates that 47% of respondents prefer delivery for health needs, with 39% planning to purchase cold or flu medicine soon. This collaboration aims to enhance Grubhub's convenience offerings, providing customers access to a wide range of health and wellness essentials directly at their doorsteps.

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Grubhub and Starship Technologies have teamed up to introduce robot delivery services to over 25 college campuses in the U.S., currently available at universities like Kentucky, UNLV, and Fairfield. This initiative will allow more than 170,000 students to access robot deliveries, enhancing Grubhub's service offerings. Starship's robots, which operate at speeds of up to 4 mph, have made over 3.5 million deliveries, emphasizing eco-friendly practices. The partnership aims to improve convenience for students and innovate delivery methods on campuses nationwide.

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Grubhub and Gopuff have announced a strategic partnership to integrate Gopuff's instant commerce offerings into the Grubhub Marketplace. Starting from October 4, 2022, a pilot program will launch in major cities like New York City, Los Angeles, Chicago, and others. Customers will gain access to a variety of convenience products, including groceries and alcohol, delivered via Gopuff's logistics network. Additionally, the partnership aims to enhance customer engagement on Grubhub, potentially increasing restaurant orders for users who also order convenience items.

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Grubhub and Bloomin' Brands have expanded their partnership to offer the full range of Bloomin' Brands concepts on Grubhub's platform, including Outback Steakhouse and Carrabba's Italian Grill. This move adds over 1,700 listings nationwide, featuring more than 1,000 restaurant locations and 700 virtual kitchens. Promotions for new and existing diners include discounts of up to 40% for orders over $40. The partnership aims to enhance off-premises dining options and drive increased orders and earnings for delivery partners.

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Nextbase and Grubhub have expanded their partnership to enhance driver safety by offering dash cams to tens of thousands of drivers in major cities, including New York, Chicago, and Philadelphia. This follows successful pilot programs in Boston, Denver, San Francisco, and Phoenix. Drivers will receive special discounted pricing on Nextbase dash cams and professional installation through Best Buy. The initiative aims to provide drivers with security and peace of mind while on the road, aligning with Grubhub's commitment to improving the driver experience.

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Grubhub and Bank of America have partnered to offer eligible Bank of America cardholders a one-year complimentary membership to Grubhub+, which includes $0 delivery fees on orders of $12 or more. This offer, valued at nearly $120, aims to enhance customer value and drive orders to local restaurants. Grubhub+ members will also support charity through Grubhub's Donate the Change program. The promotion is available until April 20, 2023, and automatically renews at $9.99 per month after the trial period.

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Grubhub has partnered with Brinker International, Inc. to offer popular dining brands Chili's® Grill & Bar, It's Just Wings®, and Maggiano's Little Italy® on its platform. This collaboration will bring over 2,500 restaurant locations to Grubhub, enhancing the convenience for diners. Off-premise dining represents more than 35% of Chili's Q3 sales, underscoring the importance of this partnership. To celebrate, Grubhub is offering promotions including free wings and Skillet Queso with qualifying purchases. The expansion aims to meet customer demands for digital ordering.

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Grubhub's new initiative, Serving the City, aims to combat rising food insecurity in New York City, aggravated by the pandemic and inflation. Launching June 24, 2022, the program plans to deliver 25,000 meals across all 51 City Council districts over the next 16 weeks. Food insecurity rates have surged by 36% citywide and 46% among children. Grubhub collaborates with local leaders and restaurants like Unique Eats and Mansion Diner to distribute meals, tackling hunger and supporting local businesses as part of its community impact efforts.

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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 $2.91 as of December 20, 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 3.6B.

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

3.57B
1.02B
0.01%
0.36%
Internet Retail
Consumer Cyclical
Link
United States of America
Amsterdam