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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. 10 in its all-stock offer for Just Eat, which came out ahead of a competing Prosus NV cash bid.

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The Race For Online Grocery Shopping Heats Up

PYMNTS

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. Kroger is quietly implementing some digital enhancements it’s been building in the background for the past three years.

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Ahold Delhaize Bolsters Investment In eCommerce

PYMNTS

As COVID-19 leads more customers to purchase groceries through the web, Stop & Shop owner Ahold Delhaize NV is putting more resources toward online shopping operations. The company opted to speed up the expansion of its eCommerce channels and connect online shopping with physical retail due to COVID-19, Knight said in the report.

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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. Just Eat, a British online food company, was downsizing its work force last year, and multiple companies were poised to take it over, beginning their offers by October. But now, the U.K. billion ($7.16

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

PYMNTS

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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Grocers Bolster Delivery Efforts With Small Warehouses

PYMNTS

More supermarket companies are opting for this strategy over the bigger and remote distribution centers that the Peapod division of Koninklijke Ahold Delhaize NV and Kroger Co. However, online grocery shares jumped 15 percent in 2019 per a Brick Meets Click survey. Walmart, Albertsons Cos. and South San Francisco, Calif.

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Adyen Shares Start Trading At 67 Percent Above IPO Pricing

PYMNTS

Adyen offers payment processing for stores and online transactions — tasks traditionally controlled by major financial institutions, credit cards and some IT suppliers. ABN Amro Bank NV , BofA Merrill Lynch and Citigroup were appointed as joint bookrunners. Adyen stands outside that system.

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