Just Eat Takeaway’s 1Q orders rise 50% on delivery boom

By BLOOMBERG / Pic AFP

BRUSSELS • Just Eat Takeaway, officially Takeaway.com NV, saw a 50% jump in first-quarter orders, as food delivery firms around the world see rising demand for their services with people ordered to stay home to slow the spread of the coronavirus.

Takeaway also said it suffered from cyberattacks in the week starting March 16, affecting several hundred thousand orders, the company said in a statement yesterday.

Takeaway said the onset of the coronavirus crisis in Europe caused order volumes to decline in mid-March due to restaurant closures and a significant reduc- tion in lunch orders.

Food delivery firms are adapting to the pandemic. Pizza delivery companies are listing new job postings, while Uber Technologies Inc is transitioning ride-hailing drivers to its Uber Eats service, which competes with Takeaway.

“Takeaway.com is one of the few, and privileged, companies that has only modestly been affected by the crisis,” its CEO Jitse Groen said in a statement. “The most notable effect on our figures has been, what we now believe to be, a temporary impact on our March orders.”

Still, analysts have warned that food delivery firms could still be impacted down the line if people are turned off by ordering food for hygiene reasons or if restaurants start to shutter.