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Just Eat

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Just Eat
NameJust Eat
TypePublic
Traded asLSE: JE
IndustryFood delivery
Founded2001
FounderPer Holknekt, Bo Holmgreen, Christian Frismodt, Steffen Vig
HeadquartersLondon, United Kingdom

Just Eat is a leading online food delivery company that operates in several countries, including the United Kingdom, Canada, Australia, and France. The company was founded in 2001 by Per Holknekt, Bo Holmgreen, Christian Frismodt, and Steffen Vig in Denmark. Just Eat has partnered with various restaurants, including McDonald's, KFC, and Subway, to offer a wide range of food options to its customers. The company has also collaborated with Uber Eats, Deliveroo, and Foodpanda to expand its services.

History

The history of Just Eat dates back to 2001 when it was founded by Per Holknekt, Bo Holmgreen, Christian Frismodt, and Steffen Vig in Denmark. The company started as a small online food delivery platform and quickly expanded to other countries, including the United Kingdom, Canada, and Australia. In 2006, Just Eat partnered with HSBC to secure funding for its expansion plans. The company also collaborated with Google to improve its online presence and with Facebook to enhance its social media marketing. In 2014, Just Eat acquired Meal2Go, a food delivery company based in the United Kingdom, to strengthen its position in the market. The company has also worked with Amazon, Microsoft, and IBM to develop its technology and infrastructure.

Business_model

The business model of Just Eat is based on a commission-based system, where the company earns a commission on every order placed through its platform. The company has partnered with over 100,000 restaurants, including Burger King, Taco Bell, and Pizza Hut, to offer a wide range of food options to its customers. Just Eat also offers a subscription-based service, Just Eat Plus, which provides customers with exclusive discounts and promotions. The company has collaborated with Visa, Mastercard, and PayPal to provide secure payment options to its customers. Additionally, Just Eat has worked with Deloitte, KPMG, and PwC to develop its financial management and accounting systems.

Services

Just Eat offers a range of services to its customers, including online food ordering, delivery, and pickup. The company has developed a mobile app, available on iOS and Android, which allows customers to place orders on-the-go. Just Eat also offers a customer support service, which is available 24/7 to assist customers with their queries and concerns. The company has partnered with Twitter, Instagram, and Facebook to provide customer support through social media. Additionally, Just Eat has collaborated with TripAdvisor, Yelp, and Google Reviews to provide customers with reviews and ratings of restaurants.

International_operations

Just Eat operates in several countries, including the United Kingdom, Canada, Australia, and France. The company has expanded its services to other countries, including Spain, Italy, and Germany, through partnerships with local restaurants and food delivery companies. Just Eat has also acquired several food delivery companies, including SkipTheDishes in Canada and Menulog in Australia, to strengthen its position in the market. The company has worked with European Union, World Trade Organization, and International Monetary Fund to develop its international trade and commerce strategies.

Controversies

Just Eat has faced several controversies, including criticism over its commission-based system, which some restaurants claim is unfair. The company has also faced criticism over its treatment of delivery drivers, who are classified as independent contractors rather than employees. Just Eat has been involved in several lawsuits, including a lawsuit filed by a group of restaurants in the United Kingdom who claimed that the company's commission rates were excessive. The company has also faced criticism from Unite the Union, GMB Union, and National Union of Workers over its labor practices.

Corporate_affairs

Just Eat is a publicly traded company listed on the London Stock Exchange (LSE). The company is headquartered in London, United Kingdom, and has offices in several countries, including Canada, Australia, and France. Just Eat has a board of directors, which includes Peter Plumb, John Hughes, and Dame Sharon White. The company has worked with Goldman Sachs, Morgan Stanley, and JPMorgan Chase to develop its corporate finance and investment strategies. Additionally, Just Eat has collaborated with Harvard Business School, Stanford Graduate School of Business, and University of Oxford to develop its corporate governance and leadership practices. Category:Food delivery companies

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