Sep 21, 2018
Uber-Deliveroo 'talks' hit Just Eat's share price
Just Eat's share price has fallen to a one-year low following reports that Uber is in early-stage talks to buy rival UK food delivery firm Deliveroo. Uber declined to comment, while a Deliveroo spokesman said: "As a matter of policy we do not comment on speculation." While Uber Eats has a presence in the UK, France, the Netherlands, Poland and Belgium, Deliveroo also has operations in Germany, Ireland, Italy and Spain. Mr Khosrowshah has said that he wants to get food to Uber Eats customers within 5 to 30 minutes, and the company has been investigating using drones to get takeaways to consumers. "A spokesman for Uber Eats said:"In response to feedback from couriers we've made some changes to our payment structure in London, which brings it into line with other cities.
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