AMSTERDAM (Reuters) – Just Eat Takeaway.com, the biggest online meals ordering company in Europe, is increasing the commission it charges restaurants for its services by around 1% in most European markets, the company said on Monday.
“I can confirm that in response to rising inflation and higher operational costs, we are increasing our commission rates for the first time in five years in certain European markets,” a spokesperson said.
Just Eat’s shares, which are down more than 60% this year, were 3.9% higher at 19.04 euros at 1155 GMT.
A spokesperson for Deliveroo said the company could not comment but expects to later on Monday.
Germany’s Delivery Hero, which owns a majority stake in Barcelona-headquartered food delivery company Glovo, could not immediately be reached for comment.
(Reporting by Toby Sterling and Nadine Schimroszik, Editing by Louise Heavens)