Just Eat is Now Worth More Than Almost Every Major Supermarket.
Just Eat, a company that specializes in the ordering and delivering of mass-market takeaway food, is set to join the FTSE 100, the UK’s benchmark stock index, just three and a half years after going public.
The company’s stock has surged 40% this year, giving it a market value of £5.6 billion ($7.5 billion). The increase has made it bigger than two of the UK’s largest listed supermarket groups, Sainsbury’s and Morrisons, which are valued at £5 billion and £5.1 billion, respectively.
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