Who owns hungryhouse

Both platforms are, conceptually, very similar — they act as an intermediary between customers and restaurants, but don't get involved with the deliveries. They stand in stark contrast to Deliveroo, Uber and Amazon, who use colourful couriers to shuffle food and drink back and forth. The business models are different, but the goal is the same: to own the takeaway market. Just Eat, unsurprisingly, has started experimenting with deliveries too.

These include drop-offs by tiny six-wheeled robots. Even with Hungryhouse under its banner, the company will be incentivised to continue these tests. However, he failed to envision the true size of the delivery app market, one that would prove to be large enough to sustain multiple services. He thought the low barrier to entry meant the risk of competition was high. However, he failed to see the potential in the two founders, and the drive they had that would ultimately lead the company to success.

Also, the business had traction and some level of network-effect that added value beyond just the technology. The agreement fell through soon after the show. In an interview with eConsultancy , Hungry House co-founder Shane Lake said this was because Caan failed to get guarantees from his consultants that the business would be successful. However, all was not lost. By September the app had increased the number of restaurants on its service to 2, While we have significantly expanded internationally in recent years, we have remained focused on building a high growth, sustainably profitable business domestically.

Through this transaction, we would extend our market presence in the UK and sustain high levels of growth given the considerable opportunity in this market. The acquisition will be subject to approval from UK competition regulator, the Competition and Markets Authority. Just Eat has acquired a number of its competitors in In August, it bought the British assets of food delivery startup Takeaway.

While Just Eat is buying up its rivals in order to expand, it still faces healthy competition in the UK from the likes of Uber Eats and Deliveroo. Save my name, email, and website in this browser for the next time I comment. We value your comments but kindly requests all posts are on topic, constructive and respectful. Please review our commenting policy. Previous Razzamataz Tangle Teezer Next.