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 fourth quarter of 2018.
Statement of Jitse Groen, CEO of Takeaway.com: “Our strong growth has continued in the fourth quarter of 2018. Throughout the year, we have taken important steps to make our brand even more attractive to consumers and restaurants. Scoober has become a major logistical player in 38 cities and the introduction of B2B services will also further enhance our network effects. The acquisitions in Germany, Israel, Bulgaria, Romania and Switzerland will strengthen and expand our business. Takeaway.com has become a much stronger company in 2018, and we are all looking forward to the coming year.”
• Takeaway.com processed 93.9 million orders in 2018, representing a 38% increase compared with 2017, or 30% on a like-for-like basis. Order growth in Q4 2018 was 55% compared with Q4 2017, or 30% on a like-for-like basis.
• The fourth quarter of 2018 is the first-ever quarter in which the Germany segment processed more orders than the Netherlands. Management believes there is still ample growth ahead, given the penetration of online food delivery in Germany is amongst the lowest in Europe.
• On 21 December 2018, Takeaway.com signed an agreement to acquire the German operations of Delivery Hero for a total consideration of approximately €930 million. The transaction is subject to approval of the general meeting and anticipated to be completed by the first half of 2019. For more information, reference is made to the press release.
• 10bis in Israel has been included as part of the Other Leading Markets segment since completion on 26 September 2018 and contributed 4.8 million orders in Q4 2018.
• As a result of our additional investments to further develop restaurant delivery services, Scoober operations were launched in five additional cities, including Tel Aviv, Israel, during the fourth quarter of 2018. Takeaway.com currently provides restaurant delivery services in 38 cities in ten countries.
About Just Eat Takeaway.com
Just Eat Takeaway.com (AMS: TKWY) is one of the world’s leading global online food delivery companies.
Headquartered in Amsterdam, the Company is focused on connecting consumers and Partners through its platforms. With 731,000 connected Partners, Just Eat Takeaway.com offers consumers a wide variety of choices from restaurants to retail.
Just Eat Takeaway.com has rapidly grown to become a leading online food delivery marketplace with operations in Australia, Austria, Belgium, Bulgaria, Canada, Denmark, Germany, Ireland, Israel, Italy, Luxembourg, Poland, Slovakia, Spain, Switzerland, the Netherlands and the United Kingdom.
Most recent information is available on our corporate website and follow us on LinkedIn and X.
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