Domino's Breaks from Uber Eats: Partnering with DoorDash for Expanded Delivery Options
In a strategic move that signals a shift in the competitive landscape of food delivery services, Domino's Pizza has announced that it will begin accepting orders through DoorDash, a significant pivot away from its previous exclusive partnership with Uber Eats. This decision not only broadens the accessibility of Domino's offerings but also highlights the intensifying competition among delivery service platforms.
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Prosus Under Fire: Shareholder Complaint Arises Over Alleged Unfair Just Eat Bid
In a significant development for the multinational technology investment firm, Prosus N.V. is facing a concerted legal challenge from its shareholders after they raised concerns regarding its recent acquisition bid for Just Eat Takeaway, a leading online food delivery service. The controversy surrounds claims of unfair pricing and the strategic implications of the deal, which many investors believe undervalues the target company.
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Swiggy Anticipates Operating Profit by Late 2025 Despite Losses Fueled by Instamart Growth
Swiggy, the renowned online food delivery service from India, has recently reported a significant financial downturn primarily attributed to its fast-growing grocery arm, Instamart. In a disclosure, the company stated it expects to reach operating profitability by the end of 2025, amid ongoing investments to bolster its market presence.
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Just Eat Takeaway Faces Decline in Third-Quarter Orders Amidst US Demand Challenges
Just Eat Takeaway, the global food delivery giant, has reported a significant decrease in orders during the third quarter of 2024. This downturn has been predominantly attributed to a faltering demand in the United States, raising concerns about the company's performance and strategic direction moving forward.
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