Just Eat reports 2016 global revenues of £376m
Just Eat has reported that its global revenues grew by 52% to £376m in 2016, while profits almost doubled to £115m. In a statement issued on UK website today (7 March), the food delivery app company added that it processed on average 4.3 orders per second globally in 2016.
The company also reported strong growth in the UK sector.
“The UK’s food delivery market grew to more than £6bn for the first time in 2016,” according to the Just Eat statement. “Brits made a total of 88.1m takeaway orders through Just Eat last year, while the number of restaurants on Just Eat’s platform across the country grew to 27,600.”
Graham Corfield, UK Managing Director at Just Eat, commented: “Brits embraced online food delivery in 2016, ordering a greater breadth of cuisines and on more occasions throughout the week. Technology developments have made food discovery more exciting. In 2016, we delivered the world’s first takeaway by a self-driving robot and Just Eat became the first five star rated iOS food delivery app. Thanks to collaborations with leaders in social media, augmented reality, gaming and virtual reality, consumers will see us continue to push boundaries in 2017.
“In 2016 we took an important step forward in our journey to create the world’s greatest food community. We used our scale to deliver more cuisine choices to more customers. We delivered more orders than ever before to our restaurants, an average of 3,000 per restaurant, and kicked off 2017 with a record breaking New Year’s Day that saw 40 orders a second at peak times.”
