Just Eat Takeaway orders rise for first time in 4.5 years

Just Eat Takeaway has recorded its first rise in order volume in over four years following strategic investments by parent company Prosus. The firm reports growth in its user base and plans to continue investing in technology and marketing to build on these recent gains.
Just Eat Takeaway has reported an increase in order volume for the first time in four and a half years. Prosus CEO Fabricio Bloisi confirmed the positive trend in a letter to shareholders, noting that the company had previously experienced a nine percent decline in orders when they took control last December. The turnaround is attributed to strategic investments in technology, marketing, and initiatives focused on customer retention.
Prosus, which is listed on the Amsterdam stock exchange, intends to continue its support and investment in the food delivery service. The company reports that its user base is currently expanding and expects this momentum to result in further growth over time. Founded in 2000 by Jitse Groen, Just Eat Takeaway became a global leader in the sector before Groen stepped down as CEO earlier this year. The company is now working on further operational improvements to sustain this upward trajectory.
Based on reporting by nu. Translated and condensed by LocalHeadlines.
