2021 saw 33% order growth for Just Eat Takeaway.com
Just Eat Takeaway.com processed 1.1 billion orders in 2021 - up 33% compared with 2020 - worth €28.2 billion.
The online food delivery platform processed 274 million orders in the fourth quarter of 2021, representing a 14% increase compared with the same period of 2020.
Gross Transaction Value (GTV) was €28.2 billion for the full year of 2021, representing an increase of 31% compared with 2020. GTV amounted to €7.3 billion in the fourth quarter of 2021, up 17% compared with the same period of 2020.
The UK & Ireland was the fastest growing segment for both the quarter and the year and the company says it plans to invest heavily in this market, especially in its London network, while improving profitability in 2022.
Jitse Groen, CEO of Just Eat Takeaway.com, comments: “Following the merger of Just Eat and Takeaway.com nearly two years ago, we made significant investments to grow our leadership positions and the company is now six times bigger in terms of orders. On the back of this success, we have markedly improved our profitability throughout the second half of 2021, and we will continue to improve adjusted EBITDA this year. Meanwhile, we expect our market positions to further strengthen driven by our superior network effects.”