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    Miriam Josiah

    Research Analyst at Morgan Stanley

    Miriam Josiah's questions to Just Eat Takeaway.com (TKAYF) leadership

    Miriam Josiah's questions to Just Eat Takeaway.com (TKAYF) leadership • FY 2022

    Question

    In a follow-up, Miriam Josiah of Morgan Stanley asked about the competitive pressure from Wolt in Germany and whether investment in delivery was needed to close a selection gap.

    Answer

    CEO Jitse Groen dismissed the competitive threat from Wolt in Germany as a 'waste of money,' noting their operational overlap is minimal. He affirmed that Just Eat has the largest logistics network in Germany and will continue to invest in its expansion from a position of strength and profitability, which is expected to further solidify its market leadership.

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    Miriam Josiah's questions to Just Eat Takeaway.com (TKAYF) leadership • Q4 2021

    Question

    Miriam Josiah from Morgan Stanley & Co. International Plc requested an update on the legal proceedings regarding fee caps and asked about the revenue impact observed in states where caps have already been removed.

    Answer

    CEO Jitse Groen stated that the company is pursuing legal action and political dialogue to resolve the fee cap issue, which had a nearly €200 million impact on profitability. He noted that in Canada, where most caps were lifted, profitability increased 'quite rapidly,' demonstrating the significant positive financial impact of their removal.

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