Takeaway.com celebrates its first day of trading on Euronext

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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.

 

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