How it started
History
Five Danish entrepreneurs, including Jesper Buch, founded Just Eat in Denmark and launched the service in August 2001. The company started with 15 employees. In 2005 the technology entrepreneur Bo Bendtsen (co-founder) bought out all the founders and initial investors apart from Jesper Buch and moved the company to the UK. Buch moved to the UK as part of the buyout in 2006, and hired Welsh executive David Buttress to join as CEO and co-founder of Just Eat UK in March. The international expansion from the UK headquarters, starting with the Netherlands, launched in July 2007 and was followed by Ireland in April 2008.
In January 2011, Just Eat established a joint venture in India. In February, the Group raised £30m (US$48m) from their Series B investment.
The money was used to finance:
Four partnerships in new countries with local operators: Eat.ch in Switzerland in April, ClickEat in Italy in May, RestauranteWeb in Brazil in June and Alloresto in France in December;
Three acquisitions to solidify its presence in the UK (Urbanbite to get into the corporate market) and Canada (YummyWeb purchased in April to cover the region of Vancouver and GrubCanada in October for the Ontario and British Columbia markets).
From Wikipedia’s article on Just Eat, shared under CC BY-SA 4.0.3