Just Eat full-year sales rise on increase in order spending

The company reported a loss for the period of €5.7bn, which was wider than analyst estimates for a €3.65bn loss.

Amsterdam-based Just Eat has been focusing on cutting costs as it looks for ways to win new customers.

Just Eat Takeaway.com reported revenue that rose last year as spending on orders increased, even as volumes fell.

Revenue increased about 4% to €5.6bn in 2022, the company said in a statement Wednesday. That matched what analysts expected in the period.