Just Eat eyes chain eateries

International takeaway ordering website Just Eat has said it plans to work more with branded restaurant chains, knocking its shares despite an upgrade to its full-year revenue forecast.

Just Eat eyes chain eateries

Founded in 2001, Just Eat has grown rapidly, listing its shares in London in 2014. Its focus so far has been on serving independent restaurants but it is now branching out, investing in partnerships with chains like Burger King and KFC.

“The success of targeting chained restaurants with outsourced delivery is yet to be proven,” said analysts at Berenberg. “However, there are both offensive and defensive reasons for Just Eat to at least experiment with it,” they said.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €120 €60

Best value

Monthly €10€5 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited