Just Eat Takeaway writes down value of Grubhub by €3bn

JET Rider
AllGroceryTechnology

Just Eat Takeaway (JET) has written own the value of its US food delivery subsidiary Grubhub by €3 billion, cutting its value almost in half just 12 months after purchasing the app for $7.3 billion.

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Just Eat Takeaway writes down value of Grubhub by €3bn

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Just Eat Takeaway (JET) has written own the value of its US food delivery subsidiary Grubhub by €3 billion, cutting its value almost in half just 12 months after purchasing the app for $7.3 billion.

READ THE FULL STORY HERE

Click here to sign up to Retail Gazette‘s free daily email newsletter

AllGroceryTechnology

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