April 23, 2014

Just Eat IPO to value company at up to £1bn

The IPO of Just Eat, the online food delivery service could value the company at between £700m and £900m according to a report on the Financial Times on Wednesday evening.

The paper claims that if this valuation holds up, this will be up to 90 times the company’s projected 2013 earnings, those making it one of the most expensive technology stocks on the London exchange.

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