Rapid delivery news & analysis – Page 35
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News
City Snapshot: CMA threatens £6bn Just Eat merger
The UK Competition and Markets Authority has thrown a spanner into the merger of Just Eat and Takeaway.com by announcing it has opened an investigation into the deal just as it was poised to complete. Plus, trading updates from Marston’s, Carrefour and all the rest of the latest news from the City.
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Media Bites 24 Jan: Morrisons, Just Eat, Tesco/Plastic
About 3,000 management jobs are being cut at Wm Morrison as part of a shake-up of its stores that will also involve the hiring of thousands of shopfloor workers
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Media Bites 22 Jan: Sainsbury’s, Aldi, Deliveroo
Sainsbury’s is poised to axe hundreds of managers in a cost-cutting drive at the supermarket chain.
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Media Bites 16 Jan: Greggs/Just Eat, Tesco, Asda
Greggs picks Just Eat for UK-wide delivery service, Tesco’s Thai asset sale under threat from regulatory bodies and Asda prepared to roll-out a “sustainable” store.
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Greggs partners with Just Eat for nationwide delivery service
The partnership follows a trial in London, Newcastle and Glasgow
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Media Bites 13 Jan: John Lewis, Just Eat, Asda
John Lewis could face pressure to sell off parts of its vast property estate following a downturn in its fortunes. Plus, Takeaway.com wins battle for Just Eat and Asda plans 2,800 job cuts.
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News
Takeaway.com emerges the winner in battle for Just Eat merger
Takeaway.com’s £5.9bn all-share offer was today accepted by 80.4% of Just Eat’s shareholders
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Comment & Opinion
Just Eat is hungry to take a bigger bite out of the food delivery market
Just Eat shareholders have until Friday lunchtime to decide between two offers – from Takeaway.com and Naspers’ Prosus
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News
Deliveroo to move technology teams to new Edinburgh HQ
The move will create 70 technical roles this year
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Media Bites 6 Jan: Supermarket sales, Just Eat, Compass Group
The supermarket giants will reveal underwhelming Christmas sales figures this week, as the relentless pressure from discount rivals continues to cast a shadow over the sector.
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Analysis & Features
What's really behind the CMA’s enquiry into the Amazon-Deliveroo merger?
The CMA’s investigation comes amid pressure to view ‘competition’ in a less narrow context and to assess the power of digital giants more widely
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Media Bites 2 Jan: Amazon/Deliveroo, Retail sales, Co-op
Amazon’s UK ambitions have been checked by the competition watchdog after it launched an in-depth investigation into the online retailer’s purchase of a stake in food delivery company Deliveroo.
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Media Bites 20 Dec: Just Eat, Retail sales, Stock Spirits
Takeaway.com within reach of Just Eat after both suitors fired their last shots in the increasingly acrimonious struggle.
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News
Bestway teams up with Uber Eats for delivery across 81 stores
The deal sees 81 Wine Rack, Bargain Booze, Select Convenience and Central Convenience Stores listed on the app
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Media Bites 12 Dec: Deliveroo, Majestic Wine, Marks & Spencer
Amazon’s estimated $500m investment in the food delivery company Deliveroo may be blocked after the competition watchdog threatened to launch a full-scale investigation.
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Amazon and Deliveroo given five days to address merger concerns by CMA
The companies must come up with legally binding proposals to address the Competition & Markets Authority’s concerns
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Media Bites 11 Dec: Grocery market share, UK economy, Just Eat
The big four supermarkets have had their worst run into Christmas for 15 years, according to the latest market data
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Media Bites 10 Dec: Tesco, Just Eat, M&S
Tesco shares rallied on the news that the potential sale of Tesco’s multibillion-pound Asia business could lead to a bumper payout for investors.
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Media Bites 3 Dec: Ocado, Christmas Dinner, Just Eat, Tariffs
Ocado’s latest bond issue sparked a share sell-off as analysts and investors were split over whether the company would have been better off relying on cash from shareholders
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Media Bites 26 Nov: Just Eat, Retail sales, Unilever
A suitor for Just Eat has attacked a rival bid as “wholly inadequate” and an attempt to buy the British delivery company “on the cheap”