Consolidation Is Necessary: Just Eat CEO

The video discusses the impact of COVID-19 on business growth, highlighting the continuation of growth despite challenges. It explores changes in customer behavior, the necessity of consolidation due to global competition, and strategies for maintaining profitability. The discussion also covers the gig economy, labor market challenges, and the seasonal nature of food delivery services.

What is the company's expectation for growth in the year following the COVID pandemic?

• A decline in growth compared to last year

• A slight increase in growth

• Faster growth than the previous year

• No change in growth rate

How does the company view consolidation in the industry?

• As a primary growth strategy

• As a necessary evil due to global competition

• As an unnecessary strategy

• As a temporary trend

What is the company's approach to handling global competition?

• Reducing operations in competitive markets

• Focusing solely on local markets

• Growing organically within the consolidation trend

• Acquiring smaller competitors

What is a significant challenge faced by the gig economy in the US?

• Lack of demand for services

• Tight labor market and increased prices

• Limited technological advancements

• Excessive government regulation

How does the company plan to maintain profitability in different regions?

• By focusing only on the US market

• By cutting down on marketing expenses

• By employing staff in most European countries

• By reducing investments in logistics