Online Takeaway Stock Exchange Listing

Online Takeaway Stock Exchange Listing.

Just Eat, the online takeaway service is hoping to raise £100m by listing itself on the London Stock Exchange.

The firm is an online takeaway service that allows restaurants to use its platform, which enables customers to place orders quickily and easy online. Commissions are then added onto the order which is where the company makes its money.

By listing on the London Stock Exchange they are hoping to raise money for further expansion into other countries.

UK is just one of the countries it currently operates in, they also operate in 13 other countries.

2013 saw orders taken through the platform up 59% compared with 2012, meaning that the total revenue for 2013 reached £96.8m.