May 17, 2020

Peruvian restaurant chain COYA grows franchise with entry in Monaco

COYA
Peru
Peruvian
restaurant
Laura Mullan
2 min
Coinciding with the international sporting event, the Monaco Grand Prix, the restaurant marks COYA’s latest entry into the European market. 
Peruvian restaurant group, COYA, is set to launch its first European restaurant outside of London, opening in Monaco this May.

Coinciding with the inte...

Peruvian restaurant group, COYA, is set to launch its first European restaurant outside of London, opening in Monaco this May. 

Coinciding with the international sporting event, the Monaco Grand Prix, the restaurant marks COYA’s latest entry into the European market. 

The Latin American restaurant group says that the 257-cover venue will feature a bar and contemporary Peruvian restaurant, and hopes to “revive the city's culinary scene, providing a vibrant hub for international visitors and the stars of music, film, fashion and sport."

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It will also have a 30-seater Private Dining Room, the largest across all of COYA’s worldwide sites. 

The Monaco restaurant will open overlook Monte Carlo Bay and has been designed by London-based design studio Sagrada, who is responsible for all COYA venues. 

A key design feature of the restaurant will be the Ceviche Bar – an open prep kitchen that intends to “put guests at the centre of the action to watch the iconic Peruvian dishes being made.”

“The COYA team and I could not be more excited to expand in Europe, and our location overlooking the ocean in Monaco will offer a second to none experience in the iconic city,” said Chef Sanjay Dwivedi.
 
The newly launched restaurant will be open in May and will close in October for the winter period. 
 

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May 17, 2020

Just Eat delivers strong first quarter growth as revenues rise 50%

just eat
Delivery
revenue
takeaway
Laura Mullan
2 min
The takeaway delivery operator said that UK orders rose 24% to £29.7mn during its first quarter, noting that it processed its 400 millionth British order yesterday.
Online takeaway company Just Eat delivered a strong start to the year reporting that revenues rose 49% during its first quarter.

Strong order growth an...

Online takeaway company Just Eat delivered a strong start to the year reporting that revenues rose 49% during its first quarter. 

Strong order growth and more high-value delivery orders were credited for the upbeat results as the group posted £177mn in revenue in the first three months of the year. 

The takeaway delivery operator said that UK orders rose 24% to £29.7mn during its first quarter, noting that it processed its 400 millionth British order yesterday.

UK orders were lifted by the firm’s acquisition of rival Hungryhouse in January, which added an extra 1 percentage point to UK order growth, according to the company.

The firm also reported strong growth abroad noting that international orders were up 46% to £21.9mn. 

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Just Eat said that this was driven by continued triple-digit growth in Canada and strong performances in Italy and Spain which offset “softness” in Australia. 
 
“Just Eat has had a strong start to the year,” commented Peter Plumb, CEO. “We delivered our 400 millionth order in the UK, grew well in Italy and Spain, whilst powering continued momentum in our Canadian delivery service SkipTheDishes.

“I’d like to welcome all our important new Restaurant Partners to the Just Eat family, including those from our successful recent acquisition of Hungryhouse.”

Just Eat was the top rise on the FTSE 100 index, with its shares up more than 4%. 

In March, Just Eat announced that it was investing £50mn in developing its own delivery service which has helped to boost its margins.
 

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