Just Eat revenues continue to climb as Greggs partnership drives UK growth

A multinational takeaway delivery company has announced that its revenues increased by more than 50 per cent over the past year.

Just Eat Takeaway.com reported global revenues of €2,398m in 2020 - a 54 per cent rise from 2019’s €1,557m.

In the UK, the company’s revenues rose by 42 per cent from €509m to €725m, which it says was supported by its partnerships with Greggs and McDonald’s.

For the first two months of 2021, UK figures for the company have continued to climb, with orders up by 88 per cent.

This comes one year after Takeaway.com’s acquisition of and merger with Just Eat.

Jitse Groen, CEO of Just Eat Takeaway.com, commented: “2020 was an exceptional year for Just Eat Takeaway.com.

“Right before the completion of the merger between Just Eat and Takeaway.com, the world was hit by Covid-19.

“This brought unprecedented challenges to our restaurants, consumers as well as to our organisation and staff, but it also created tailwinds for our business.

“In the second half of the year, we increased our investments into the legacy Just Eat business significantly, building on our position as one of the largest food delivery companies in the world.

“Our revenue grew 54 per cent in 2020, and we expect a further acceleration of our order growth in 2021 compared with last year.”