Takeaway.com celebrates its first day of trading on Euronext

Back

Successful Tech IPO raises 328 million

Amsterdam - 30 September 2016 – Euronext Amsterdam today welcomes Takeaway.com (ticker code: TKWY), a leading online food delivery marketplace in Continental Europe. The listing follows the company’s successful Initial Public Offering (IPO), with a total offering of € 328 million.

After opening, the first market price was € 23.50. Based on the first price, the total market capitalization of the company was around € 1,015 million.

Takeaway.com is focused on connecting consumers and restaurants through its platform in nine different European countries and Vietnam. The company has leading market positions in the Netherlands, Germany, Belgium, Austria and Poland, in terms of number of participating restaurants, orders[1] and gross merchandise value (GMV)[2].

The listing on Euronext will enable institutional and retail investors to invest in the company’s organic growth, further enhance Takeaway.com’s public profile and develop its leading position in the company’s active markets.

Jitse Groen, CEO at Takeaway.com, said: “I am proud that we took Takeaway.com public today. This IPO enables the company to continue the rapid growth of the past 16 years. It is also a compliment to our people who have worked so hard to develop our business from scratch to where we are now. 

Takeaway.com celebrated its listing on Euronext by sounding the gong. 


[1]“Orders” (and each an “Order”) is defined as orders by consumers that were processed through the company’s websites and mobile applications, i.e., excluding orders processed through third party websites.
[2]
GMV consist of a total value of merchandise (food) sold via Orders in a particular period.

 

Press Release Footer

About Euronext 
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With close to 2,000 listed issuers and around €5.8 trillion in market capitalisation as of end June 2022, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.  
For the latest news, follow us on Twitter (twitter.com/euronext) and LinkedIn (linkedin.com/euronext).

Disclaimer
This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release is provided “as is” without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext.

This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is located at www.euronext.com/terms-use.

© 2022, Euronext N.V. - All rights reserved.