Just Eat Consumes Uber Eats
Just Eat has strengthened its board by poaching Jambu Palaniappan, ex-head of Uber Eats in Europe, the Middle East and Africa. They hope to satisfy activist investors who say the food delivery firm should be sold.
Online takeaway firm Just Eat’s new executive director Jambu Palaniappan, from Tech Investment firm Atomico,
Mike Evans, chairman of Just Eat. Said: “his experience in market expansion ensures he will add considerable value.” It comes in the face of extreme pressure from activist investor Cat Rock Capital to merge with a rival.