A sign for Just Eat, a food delivery service can be seen above a restaurant in London on December 18, 2017. Just Eat has been welcomed on December 18, 2017 into UK's FTSE 100 index of the country's largest publicly listed companies. / AFP PHOTO / BEN STANSALL
LONDON: British takeaway platform Just Eat will spend an extra £50mil (RM271.07mil) this year to battle competition from rivals such as Deliveroo and Uber Eats, its new CEO said on March 6, sending its share price sharply lower.
Peter Plumb, who joined Just Eat in September, said the company needed to address intensifying competition.
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