Just Eat, Europe’s largest food delivery service, has partnered with McDonald’s to expand its delivery offering across the UK.
The move comes after McDonald’s UK added Just east as a delivery partner in January, ending its five-year exclusive partnership with Uber Eats.
The food ordering company said the “long-term global strategic partnership” with the fast-food chain would increase “operational benefits for Just Eat”.
Additionally, the deal hopes to “support growth of the McDelivery business”, although financial details were not disclosed.
Unlike previous arrangements that were based in individual markets, the new global agreement aims to reduce complexity and improve operational efficiency.
The news comes as Just Eat Takeaway shares plummeted in 2020, as the lockdown restrictions started to ease towards the end of the year.
Following this, the company was acquired by Grubhub for $7.3 billion in 2021. Currently, shares have been down by 36% in 2022.