Just Eat, a UK-based global marketplace for online food delivery provides easy and convenient access to a wide variety of restaurants. It focuses on the energy and quality of local activities as these are critical for its success.
Acquisition of Practi
In a recent development, Just Eat has acquired Practi, a software service providing small chains and independent restaurants with tablet-based PoS (Point of Sale) and restaurant management systems. The acquisition was finalised with an initial payment of £6.7 million (nearly €7.7 million). Further payments depend on specific commercial milestones achieved by the company.