Food and Drink

Just Eat sees FY21 orders surpass one billion

During the period, Gross Transaction Value (GTV) was €28.2bn (£23.4bn), representing an increase of 31% compared with 2020

Food Delivery service Just Eat Takeaway.com has revealed that in the full-year, the group processed 33% more orders at 1.1 billion compared with 2020.

During the period, Gross Transaction Value (GTV) was €28.2bn (£23.4bn), representing an increase of 31% compared with 2020.

The UK and Ireland were the fastest growing segments for the year, with orders rising 52% to 288.8 million.

Jitse Groen, CEO of Just Eat Takeaway.com, said: “Following the merger of Just Eat and Takeaway.com nearly two years ago, we made significant investments to grow our leadership positions and the company is now six times bigger in terms of orders.

“On the back of this success, we have markedly improved our adjusted EBITDA throughout the second half of 2021, and we will make further improvements this year. Meanwhile, we expect our market positions to strengthen further, driven by our superior network effects.”

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