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Just Eat Takeaway Posts Flat Growth for Key Metric, Backs Guidance

Just Eat Takeaway Posts Flat Growth for Key Metric, Backs Guidance

Just Eat Takeaway TKWY -0.18%decrease; red down pointing triangle.com reported a flat result for a key metric in the first quarter, as growth in Europe and the U.K. was offset by declines elsewhere, and maintained its full-year guidance.
The Amsterdam-headquartered food-delivery group said Wednesday that gross transaction value–a key metric for the industry which refers to the total amount of transactions it processes on its platform–for the quarter remained flat at 4.72 billion euros, equivalent to $5.39 billion, from 4.70 billion euros for the same period a year earlier.
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