JustEat plans £100m float on London Stock Exchange, Jimmy Choo could be next

JustEat is reportedly eyeing up a £100m IPO on the London Stock Exchange.

The online takeaway service which acts as an online comparison site and booking agent said it would use the cash to boost growth.

It plans to expand further than the 13 countries it currently operates in, and said it would buy complementary businesses. Earlier this month it acquired Birmingham-based Meal2Go, which offered a similar service.

The firm has seen huge growth in recent years as 59% more orders were placed in 2013 than in 2012, according to JustEat.

Revenues for the year grew by 61.9% to £96.8m, with revenue per order at £2.11.

Jimmy Choo possible London float

The Swiss firm which owns luxury shoe brand Jimmy Choo is also considering a London float, according to the Financial Times.

The brand, whose shoes are priced between £200 and £2,000 a pair, was bought by Labelux for £525m in 2001. Since then, revenues have grown 30%.

Jimmy Choo’s IPO could be in the region of £1bn, according to source close to the company in the FT.

The business was founded by Tamara Mellon and Jimmy Choo, an east London cobbler in 1996.


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