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Just Eat Takeaway's Orders Increased 46% In Q3 2020

European food ordering firm Just Eat Takeaway.com NV has said that the number of orders it received during the third quarter of 2020 increased 46% year-on-year, as a surge in online orders due to COVID-19-related restrictions continued.

Order growth accelerated from an increase of 32% in the first half of 2020, with orders being up 47% in Germany and 43% in the United Kingdom, while restaurants in the Netherlands delivered a third more meals through the company's platform.

"We have continued to generate strong adjusted EBITDA, while investing aggressively, and are well-positioned for autumn and winter, our traditional growth season," the firm's chief executive, Jitse Groen said, without providing further financial details.

Pro-Forma Basis

The figures were presented on a pro-forma basis, as if Takeaway's $7.8 billion takeover of Britain's Just Eat that closed in April had been completed on January 1, 2019.

News by Reuters, edited by Checkout. 

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