Stock of the Week: Just Eat Takeaway

Deliveroo rival has seven years as a public company behind it, and has established a dominant position in its key markets

James Gard 9 April, 2021 | 11:38AM
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Stock of the Week

Just Eat Takeaway (JET) is the most popular item on the menu for our stock of the week poll, as voted for by our Twitter followers. While Deliveroo’s IPO has garnered much of the attention this week, it's been seven years since rival Just Eat floated.

With first mover advantage and a heavy advertising spend, Just Eat dominates many markets like the UK and Netherlands and its shares have soared. Last year, Just Eat merged with Takeaway and the combined company is listed in London and Amsterdam, its corporate headquarters. And in the same year it bought Chicago-based GrubHub (GRUB), giving JET access to the lucrative US market.

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James Gard  is content editor for Morningstar.co.uk

 

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