Q3 2019 Trading Update

Takeaway.com orders 87% up in Q3 2019; Germany up by 136%

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 third quarter of 2019.

Statement of Jitse Groen, CEO of Takeaway.com: “Takeaway.com upheld its strong order growth during the summer. While we continue to prioritise growth over profits, the company is now EBITDA positive in both the Netherlands and the Germany segment, and for the company as a whole.”

  • JPG

• Takeaway.com processed 41.6 million orders in the third quarter of 2019, representing an 87% increase compared with the third quarter of 2018, driven by both organic growth and acquisitions.

• In Austria, our brand name has been changed from Lieferservice.at to Lieferando.at to benefit from the spill-over effect of our strong brand awareness in Germany.

• The roll-out of Scoober continued with the expansion to four additional cities in the third quarter of 2019. Scoober is now active in 73 cities in ten countries. We will continue to invest in expansion to more new cities, primarily in Poland, where McDonald’s was recently added to our offering.

• On 5 August 2019, Takeaway.com and Just Eat plc announced a recommended all-share combination, which will create one of the largest food delivery companies in the world, with scale, strategic vision, industry-leading capabilities, leading positions in attractive markets and a diversified geographic presence. It is currently expected that the company’s shareholder circular will be published towards the end of October 2019 and the EGM will be held in December 2019. Subject to satisfaction of conditions, including shareholder approvals and Works Council consultation process by Takeaway.com in the Netherlands, completion of the transaction is expected around year-end.

About Just Eat Takeaway.com

Just Eat Takeaway.com (LSE: JET, AMS: TKWY) is a leading global online food delivery marketplace.

Headquartered in Amsterdam, Just Eat Takeaway.com is focused on connecting consumers and restaurants through its platforms. With over 634,000 connected partners, Just Eat Takeaway.com offers consumers a wide variety of food choice. Just Eat Takeaway.com mainly collaborates with delivery restaurants. In addition, Just Eat Takeaway.com provides its proprietary restaurant delivery services for restaurants that do not deliver themselves.

The combination of Just Eat and Takeaway.com has rapidly grown to become a leading online food delivery marketplace with operations in the United States, United Kingdom, Germany, the Netherlands, Canada, Australia, Austria, Belgium, Bulgaria, Denmark, France, Ireland, Israel, Italy, Luxembourg, New Zealand, Poland, Slovakia, Spain and Switzerland, as well as through partnerships in Colombia and Brazil.

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