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Takeaway Says Just Eat Takeover Is A Done Deal, Approval Pending

PYMNTS

While the two firms still need the go-ahead from a competition authority before they combine operations, Netherlands-based online food ordering company Takeaway.com made it known that its purchase of Just Eat was a done deal. 3 on the London Stock Exchange, Reuters reported. It was reported that 92.2

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The Race For Online Grocery Shopping Heats Up

PYMNTS

The companies are testing the service in four California and Oklahoma markets, with an eye toward a national launch in 2021. The first big move was the introduction this month of an online marketplace to enhance the popular Kroger Ship service and widely expand the digital assortment of private-label products that Kroger has on offer.

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UK Investigation Could Delay Takeaway-Just Eat Deal

PYMNTS

Takeaway.com fought a months-long battle against rival Prosus NV for the right to buy Just Eat, finally coming out victorious. Competition and Markets Authority (CMA) has reversed its initial position on the deal. market without the current deal with Just Eats in place. market without the current deal with Just Eats in place.

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Yandex, The Russian Google, Has 15-Minute Grocery Delivery 

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Russia’s biggest technology firm, Yandex NV, launched an online service that uses bike couriers to bring groceries to Moscow residents in 15 minutes, Bloomberg reported on Tuesday (Jan. Yandex launched 20 years ago as a search engine Google with a variety of online services, including ride-hailing and restaurant deliveries.

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Adyen Shares Start Trading At 67 Percent Above IPO Pricing

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Instead, its shareholders are selling their stock,” CNBC reported. The company won’t receive any proceeds from the IPO, which implies a market capitalization of €7.1 Volatile stock markets and political uncertainty has made it challenging for other Europe-based companies to sell shares.

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Mattress Firm Eyes Bankruptcy, Store Closures

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percent and closed at $52.64, Reuters reported. Steinhoff International Holdings NV, which is the parent of Mattress Firm and acquired the company in 2016, has reportedly sought to restructure some of its subsidiaries’ debt. As Mattress Firm, Inc. On the news, Tempur Sealy International Inc.’s s stock rose 5.2

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Retail Pulse: Mattress Firm Mulls Bankruptcy; Walmart Plans Robotic Grocery Pickup

PYMNTS

Steinhoff International Holdings NV, which acquired the company in 2016, has reportedly sought to restructure some of its subsidiaries’ debt. But online mattress retailers have a unique business model to make customers comfortable with buying a mattress online: They offer the opportunity to try it out for a few months.

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