Just Eat to expand UK operations after revenue uplift of 43%
Food delivery platform Just Eat has announced plans to invest in its UK arm after reporting a year-on-year revenue increase for of 43 per cent.
With UK revenue reported as being up by 28 per cent, the fast food takeaway specialist plans to roll out new delivery initiatives to reach new customer bases throughout the country and maintain its position at the top of the takeaway marketplace.
Acquisitions of businesses like UK’s Hungryhouse and Canada’s SkipTheDishes have allowed the fast food takeaway specialist to advance its position in the market, as well as utilise the technology of the acquired companies to streamline its own proposition.
As well as investing in acquisitions, 2018 saw Just Eat increase its restaurant partnerships, working with quick service restaurants including McDonalds, KFC and Subway.
According to the report, 2019 will see Just Eat building on its success in the previous year by introducing new delivery initiatives, with a focus on UK and Australia.
Peter Duffy, Interim’s chief executive officer, said: “Just Eat’s continued strong growth and strategic investments saw more than four million new customers join us in 2018.
“We are creating a leading hybrid offering founded on our unrivalled marketplace, combined with the targeted roll-out of delivery.
“This gives our growing customer base access to the greatest choice of restaurants and drives even more orders to our Restaurant Partners, ultimately strengthening the network effects of our business.”
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