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November 2, 2018

Just Eat reports revenues up 41% to £195.3m in Q3 2018

Global online food delivery marketplace Just Eat has reported revenues of £195.3m in Q3 ending 30 September 2018.

Global online food delivery marketplace Just Eat has reported revenues of £195.3m in Q3 ending 30 September 2018.

Representing a 41% increase from Q3 2017, the company claims this increase is due to order growth and high-value delivery options.

It also reported a 27% increase in group orders to 54.7 million, including a 16% increase in the UK to 30.3 million and a growth in international orders. Around 57% of the total orders were made via its app.

Just Eat’s CEO Peter Plumb said: “The group has delivered another strong quarter as we helped more than 97,000 restaurant partners serve over 54 million takeaways to millions of hungry customers.

“Our increased investments in delivery, brand and data are already taking the Just Eat brands to more customers.”

“Our increased investments in delivery, brand and data are already taking the Just Eat brands to more customers, making it easier for them to order from a widening choice and ensuring their takeaway moments are even more enjoyable.

“Our delivery expansion plans are on track, ensuring we give customers exactly what they want, and I’m very pleased with the progress we are making against our strategic objectives.”

Just Eat’s Canadian food delivery business SkipTheDishes has reported triple-digit growth due to the launch of multi-language capabilities and the introduction of new restaurant partners such as McDonald’s and Tim Hortons.

During the quarter, Just Eat also integrated SkipTheDishes’ platform with Menulog’s marketplace in Australia.

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