Just Eat Takeaway orders drop as customers cut back on deliveries

The Northern Europe and UK and Ireland sectors posted 5% and 11% growth in gross transaction value during the period, respectively.

Food delivery companies experienced a boom during the pandemic as customers were locked down at home. They have since been struggling to reinvigorate order growth and improve profitability. Photograph: Leah Farrell / © RollingNews.ie

Just Eat Takeaway’s orders slipped in the first quarter amid continued weak consumer demand for food deliveries.

Total orders fell 6% to €214m in the period, the Amsterdam-headquartered company said in a statement on Wednesday. That compared to an average estimate of €217.8m according to analysts surveyed by Bloomberg.