Article 25BZH Just Eat online takeaway service pays £200m for UK rival Hungry House

Just Eat online takeaway service pays £200m for UK rival Hungry House

by
Zoe Wood
from on (#25BZH)

Internet company embarks on 300m buying spree that will also see it acquire the Canadian service SkipTheDishes

The online takeaway food service Just Eat is to spend up to 300m on a buying spree, swallowing up its smaller rivals Hungry House and SkipTheDishes.

Just Eat is paying 200m upfront to buy Hungry House, its biggest UK competitor, from the German group Delivery Hero. It has promised to hand over another 40m if the company hits performance targets.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/technology/rss
Feed Title
Feed Link http://www.theguardian.com/
Reply 0 comments