Morningstar‘s Stock Analysis JTKWY
Sale of iFood Validates JET's Equity Story, Removes Refinancing Concerns; Shares Cheap Despite Rally
Company Profile JTKWY
Just Eat Takeaway operates an online marketplace that connects restaurants with users in Europe and North America. The company operates mainly as an order-only marketplace, although it also offers last-mile delivery services. The company is the result of the merger of Just Eat Plc and Takeaway.com NV in early 2020. The company had close to 99 million active users on its platform generating revenue of more than EUR 5 billion and a gross transaction value of EUR 28 billion in fiscal 2021. Excluding the U.S. after its recent acquisition of Grubhub, the company’s largest geographical presence by revenue is in the U.K., Germany, Canada, and the Netherlands.
Amsterdam, 1011 DK, Netherlands