Despite healthy orders, can Just Eat deliver on share price growth?

Brits didn’t ditch pizza and curry takeaways after lockdown ended, but delivery firms’ valuations don’t reflect this

Ordering a takeaway and sitting down with a box set was the height of entertainment for most people during successive coronavirus lockdowns – and this served up bumper sales and profits for a string of food delivery companies.

But now that restaurants, cafes and other hospitality venues have reopened, will consumers lose their taste for ordering and go back to eating out?

Continue reading…
Brits didn’t ditch pizza and curry takeaways after lockdown ended, but delivery firms’ valuations don’t reflect this
Ordering a takeaway and sitting down with a box set was the height of entertainment for most people during successive coronavirus lockdowns – and this served up bumper sales and profits for a string of food delivery companies.
But now that restaurants, cafes and other hospitality venues have reopened, will consumers lose their taste for ordering and go back to eating out? Continue reading…Technology | The Guardian

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