Just Eat Takeaway
Just Eat Takeaway N.V., and created originally under its Dutch name Thuisbezorgd.nl, is a Dutch dot-com company specialized in online food ordering and home delivery. Takeaway.com is an intermediary online portal between the customer and the restaurants, where customers can order food online from restaurants’ menus, and have it delivered by the restaurants directly to their home.
It is listed on the London Stock Exchange and has been a constituent of the FTSE 100 Index since it acquired Just Eat in February 2020.
History
The website was created by Jitse Groen in 2000 after finding out how hard it was to find local restaurant menus online.The company benefited from an investment of €13 million from Prime Ventures - a venture capital and growth equity firm in 2012. It began accepting Bitcoin in November 2013. It benefited from another investment of €74 million in a series B-round led by Macquarie Capital and Prime Ventures in 2014. It also launched its new logo in all of their countries. It then raised €328 million from an IPO, valuing the company at €993 million, in 2016. In August 2016 it stopped doing business in the UK, selling its customer portfolio to rival Just Eat.
In 2017 Pizza.be rebranded to Takeaway.com in Belgium. In 2018 Takeaway.com acquired Israeli food delivery company 10bis for €135 million as well as local Bulgarian startup BGmenu.com, including its Romanian subsidiary Oliveira.ro and in 2019 it acquired Lieferheld, Pizza.de and Foodora in Germany from Delivery Hero.
In July 2019 Takeaway.com announced proposals to takeover Just Eat.
In January 2020 80.4% of Just Eat shareholders approved Takeaway.com's deal to acquire Just Eat. Although Just Eat became a subsidiary of Takeaway.com on 3 February 2020, the Competition and Markets Authority ordered on 4 February 2020 that no integration should take place and that the brands should be kept separate until their investigation is completed.
On 22 April 2020, The UK's Competition and Markets Authority announced it was unconditionally approving Just Eat's merger with Takeaway.com, following an investigation. On 11 June, the company announced that it would acquire, in an all-stock transactions, US-based Grubhub Inc - valuing the deal at $7.3 billion.
Operations
In 2012, the organisation was market leader in the Netherlands and Belgium. The website handles over 800,000 orders per month for 10,000 restaurants.Local brands
The company operates under different brand names in different countries.Country | Brand/website | Former brand/website |
Austria | lieferando.at | lieferservice.at |
Belgium | takeaway.com/be | pizza.be |
Bulgaria | takeaway.com/bg | BGmenu.com |
Canada | SkipTheDishes | |
France | pizza.fr | |
Germany | lieferando.de | pizza.de foodora.de lieferservice.de lieferheld.de |
Israel | 10bis.co.il | |
Luxembourg | takeaway.com/lu | pizza.lu |
Netherlands | thuisbezorgd.nl | |
Poland | pyszne.pl | |
Portugal | takeaway.com/pt | pizza.pt |
Romania | takeaway.com/ro | oliviera.ro |
Switzerland | takeaway.com/ch | lieferservice.ch |
United Kingdom | takeaway.com | |
Vietnam | vietnammm.com |