Takeaway.com CEO: U.S. delisting does not indicate plan to sell Grubhub


FILE PHOTO: A rider for "Grubhub" food delivery service rides a bicycle during a delivery in midtown Manhattan following the outbreak of the coronavirus disease (COVID-19) in New York City, New York, U.S., July 9, 2020. REUTERS/Mike Segar/File Photo

AMSTERDAM (Reuters) - Just Eat Takeaway.com CEO Jitse Groen said on Sunday the company's decision to de-list its shares from the Nasdaq stock exchange should not be taken as an indication of plans to sell its Grubhub subsidiary.

The company announced its intention to delist its U.S. shares on Tuesday. Shares of the Amsterdam-based company remain listed on the Amsterdam and London stock exchanges.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

South Korean LG Display to invest additional $1 billion in Vietnam, local govt says
Opinion: Replace your passwords with passkeys for an easier login experience
Rooted in reminiscence: M’sian game designers go big on the nostalgia factor
US man sentenced to 5 years over laundering crypto stolen from Bitfinex hack
Lenovo Q2 revenue jumps 24% on premium PC sales, AI push
No joke: the Onion parody website buys Alex Jones' Infowars out of bankruptcy
Blue Origin, AST Spacemobile ink New Glenn rocket launch deal
FTC's Holyoak concerned AI collecting children's data
Red Dead Redemption, PC redux: Showdown at high noon
US FTC plans to investigate Microsoft's cloud business

Others Also Read