Just Eat nabs deal with McDonald’s for home delivery services
Category: #retail  By Pankaj Singh  Date: 2020-01-29
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Just Eat nabs deal with McDonald’s for home delivery services

American fast-food company, McDonald’s Corporation (MCD) has reportedly partnered with online food ordering and delivery company Just Eat plc to deliver McMuffins and Big Macs across the United Kingdom and Ireland.

Reportedly, Just Eat beat rival Deliveroo and become McDonald's ‘second exclusive delivery partner’ for McDelivery in Britain. The fast-food giant previously introduced its home delivery service with UberEats in 2017.

Sources close to the move suggests that the partnership is expected to be executed during the year 2020. It follows the successful implementation of Just Eat’s delivery services in the United Kingdom. Just Eat had announced similar exclusive partnership with bakery Greggs in this month.

Sources cite that this partnership comes as a blow to MCD’s existing delivery partner Uber Eats. The deal is part of Just Eat’s strategy to focus on the higher end of the food market, having previously concentrated on independent takeaway operators. 

The partnership is also in line with Just Eat’s latest £6 billion merger with Amsterdam-based Takeaway.com after a months-long dispute with rival bidder Prosus.

Peter Duffy, interim CEO of Just Eat, said that the company is pleased to announce an exclusive delivery partnership with MCD to deliver its services across the United Kingdom and Ireland.

This partnership, along with the company’s recently announced collaboration with Greggs, would require substantial investment. However, it would fuel the company’s growth ambitions and strengthen market position by offering customers the widest choice available.

In a trading update, Just Eat revealed the United Kingdom order growth of 8% previous year, along with excellent momentum in Italy, Australia, Switzerland and Canada. Just Eat claims that it expects core earnings in 2019 to be around £200 million, towards the top of its guidance range of £185 million-£205 million. It also forecasts overall revenue of around £1bn for the year 2019.

Source Credit - https://www.yahoo.com/lifestyle/mcdonalds-partners-with-just-eat-for-nationwide-uk-delivery-service-093613955.html



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Pankaj Singh

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Pankaj Singh

Pankaj Singh Develops content for Market Size Forecasters, Algosonline, and a couple of other platforms. A Post Graduate in Management by qualification, he worked as an underwriter in the UK insurance domain before deciding to switch his field of profession. With exp...

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