For the financial year ending on December 31st, 2016, Just Eat reported revenue of £238 million profits (before tax) of £109 million. Hungryhouse, by comparison, had revenues of £29.1 million and suffered an operating loss of £7.6 million. Without the acquisition, then, it’s unclear how long Hungryhouse owner Delivery Hero would have carried on in …
Continue reading “Just Eat gets the approval it needs to acquire Hungryhouse”