Takeaway.com N.V. (AMS: TKWY), hereinafter the “company”, or together with its group companies “Takeaway.com”, the leading online food delivery marketplace in Continental Europe, hereby issues an order update for the first quarter of 2018.
“Takeaway.com saw its growth rate increase in the first quarter of 2018 compared with the previous quarter. In Germany especially, our stronger market position has led to an increase of order growth. We are also very excited about the upcoming launch of the more advanced version of Food Tracker, which will significantly improve our consumer experience.
- Other Leading Markets are Belgium, Austria, Poland, Switzerland, France, Luxembourg, Portugal, Bulgaria and Romania. For the avoidance of doubt, the company is not the market leader in Switzerland and Romania
• Takeaway.com processed 20.6 million orders in Q1 2018, representing a 31% increase compared with Q1 2017.
• In Germany, orders grew by 32% in Q1 2018 compared with Q1 2017. This reaccelerated growth is the result of our continued investments and improved market position. Takeaway.com now services all major delivery chains in Germany.
• In the Other Leading Markets segment, order growth was 40% in Q1 2018 compared with Q1 2017. This segment now includes the acquired businesses in Bulgaria and Romania. The acquisition was completed on 26 March 2018 and results will be consolidated from this date onwards.