Takeaway.com orders 51% up in Q1 2019

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 2019.

Statement of Jitse Groen, CEO of Takeaway.com: “Takeaway.com’s continued growth comes at a transformational moment for our company. The acquisition of Delivery Hero Germany will further increase our scale and accelerate our progress towards profitability. In accordance with our ‘one company, one brand and one IT-platform’ strategy, Pizza.de has been migrated to the Takeaway.com platform two days ago, and we anticipate to be able to migrate the other two websites soon. We look forward to a smooth further integration of the operations and welcome our new staff in Germany.”

• Takeaway.com processed 31.1 million orders in the first quarter of 2019, representing a 51% increase compared with the first quarter of 2018, or 27% on a like-for-like basis.

• On 1 April 2019, Takeaway.com completed the acquisition of the German operations of Delivery Hero and results will be consolidated as of completion. The Pizza.de website has been migrated to the Takeaway.com platform on 8 April 2019.

• As a result of the acquisition in Germany, Scoober operations will be available in 26 additional German cities. Including this expansion, Takeaway.com provides restaurant delivery services in 64 cities in ten countries. Takeaway.com intends to gradually increase the number of cities with this service.