Article 5YBMF Just Eat Takeaway considers selling US arm Grubhub as orders fall

Just Eat Takeaway considers selling US arm Grubhub as orders fall

by
Joanna Partridge and agencies
from US news | The Guardian on (#5YBMF)

After Covid lockdown boom, orders dropped by 1% to 264.2m in first three months of 2022

Just Eat Takeaway is considering selling off its Grubhub arm after reporting a decline in orders compared with bumper levels during Covid lockdowns.

The online food ordering company said orders dropped by 1% to 264.2m in the first three months of 2022 as it struggled when trying to match the pandemic-boosted levels from a year earlier, when many cafes, restaurants and hospitality venues remained closed for several months.

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