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, has acquired the Foodarena business in Switzerland from Delivery Hero Group (“Delivery Hero”).
Takeaway.com is already operating a food delivery marketplace in Switzerland and this acquisition will further strengthen its presence and increase its restaurant offering throughout the country. This transaction adds hundreds of delivery restaurants to Takeaway.com’s platform, broadening its offering to Swiss consumers.
Joerg Gerbig, COO of Takeaway.com, said: “We have seen good traction in the Swiss market, which we believe is currently still highly underpenetrated. The acquisition of the complementary Foodarena business will enhance our market position in Switzerland and is in line with our growth strategy to further expand our market leadership position on the continent.”
Duncan McIntyre, SVP Corporate Finance & Head of Investor Relations, Delivery Hero, commented: “We have previously said that we would continue our strategy to consolidate our leadership positions. The sale of Foodarena will allow us to focus our efforts and resources in markets where we have clear leadership positions and longer growth opportunities.”
Financial details have not been disclosed.
Takeaway.com will publish its half year 2018 results at 7:00am CET on 1 August 2018.
Jitse Groen, CEO
Brent Wissink, CFO
Joerg Gerbig, COO
For more information please visit our corporate website: https://corporate.takeaway.com
Takeaway.com is the leading online food delivery marketplace in Continental Europe and Vietnam. The Company is focused on connecting consumers and restaurants through its platform. With nearly 33,000 connected restaurants, Takeaway.com offers consumers a wide variety of food choice. The Group mainly collaborates with delivery restaurants. In addition, Takeaway.com also provides restaurant delivery services in 29 European cities in eight countries for restaurants that do not deliver themselves.
Founded in 2000, the Group has rapidly grown to become the leading online food delivery marketplace of Continental Europe with operations in the Netherlands, Germany, Poland, Belgium, Austria, Switzerland, Luxembourg, Portugal, Bulgaria and Romania. In 2017, Takeaway.com processed more than 68 million orders from 11.5 million unique consumers.
With over 1,100 employees, the Group processed orders worth €1,313 million and generated revenue of €166 million in 2017. Takeaway.com is listed on Euronext Amsterdam (AMS: TKWY).
2018 Half Year Results Q3 2018 Trading Update
: 1 August 2018
: 10 October 2018
For more information, please visit https://corporate.takeaway.com/investors/financial-calendar/
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