World, As Seen from the most beautiful islands: Ireland and Cyprus

Just Eat Takeaway deal with Amrest improves the market dominance of JET


Just Eat meal delivery service (JET) deal with Amrest improves its position against others logistical players such as Uber Eats and Deliveroo. This is the conclusion of ING’s analysts in a response to the agreement concluded by the two meal companies on Wednesday. With the deal, JET also shows the benefits of its large scale, says ING.

According to ING experts, the competitive battle will continue for a while, as Amazon was able to complete its investment in Deliveroo on Tuesday thanks to the approval of the UK regulator CMA. In general, however, the analysts do not think that the deal made will affect the status quo. Competition between JET and Deliveroo will be strongest in the United States, France, Italy and Spain, according to ING.

ING retains the buy advice with a price target of 110 euros. The share of Just Eat at around 10: 40, 1.1% higher at 95.42 euros.

Written by: Grace Kennedy

Grace Kennedy is a leading journalist, columnist of events in Ireland and beyond. 8 years in journalism, since she dropped out of university and ran away from home.

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World, As Seen from the most beautiful islands: Ireland and Cyprus

From Trinity st. to Limassol, Cyprus

Ireland and Cyprus have one thing in common. The most beautiful islands are divided. Even proportions are strikingly similar. Both nations strive for unity and a good glass of the news. More about us under the link.

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