Just Eat orders one million behind forecasts

In the UK and Ireland, orders were one million behind the forecast.

Just Eat Takeaway missed expectations for third-quarter gross transaction value (GTV) on Wednesday, as a bigger than expected decline in North America offset growth in its key Northern European, UK and Irish markets.

Europe's biggest food delivery company by revenue said its GTV, which measures the total value of all goods sold, fell 3% to €6.34bn in the July-September period, below analysts' consensus of €6.5bn cited by ING in a preview note.