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Tiger Global Takes $746 Million Stake in Just Eat Takeaway

  • The 4.4% holding makes Tiger one of JET’s largest shareholders
  • Tiger has invested regularly in delivery companies since 2018
A food delivery courier for Just Eat Takeaway.com NV.

A food delivery courier for Just Eat Takeaway.com NV.

Photographer: Hollie Adams/Bloomberg

Hedge fund Tiger Global Management has taken a 4.4% stake in Just Eat Takeaway.com NV, currently worth about 613.2 million euros ($746 million), adding to its investments in the food delivery industry.

Tiger Global holds 6.5 million shares in Just Eat Takeaway, according to a filing made in the Netherlands. The stake makes it one of the largest shareholders in the fast-growing food delivery company, according to data compiled by Bloomberg.