, Columnist
Just Eat Promises Are Hard to Swallow
Executives profit, but how does this show faith in the future?
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When top executives sell shares in the companies they run, it isn't always a red flag. It's a definite worry though when they sell a big chunk just days after dismissing doubts about their business model as gripes from people who simply don't get it.
That's what happened at Britain's biggest Internet takeout provider Just Eat, which competes with Rocket Internet-backed Hungry House and venture-capital funded Deliveroo, and faces the not entirely happy prospect of Amazon and Uber entering the market too.