1Q orders at Just Eat Takeaway.com NV dropped 6% due to weak consumer demand.
Just Eat Takeaway.com NV reported a 6% drop in first-quarter orders due to weak consumer demand for food deliveries. Total orders fell to €214.2 million from €227.8 million in the same period last year. The company is still exploring the partial or full sale of its US unit, Grubhub, which it acquired for $7.3 billion in 2021. Additionally, Just Eat Takeaway.com reaffirmed its annual adjusted EBITDA guidance.
April 17, 2024
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