Takeaway.com processed 50 % more orders in 2017’s first quarter compared to the year before. Germany and the Netherlands presented decent growth, but the largest increases were in other markets.
Increase investments
Over the course of its first quarter, Takeaway.com processed 15.8 million orders, up 47 % compared to the year before. The Netherlands grew 31 % and Germany 47 %, but the other markets (including Belgium) posted a 79 % growth rate. However, that was partially because of acquisitions, like when it obtained Just Eat’s Belgian activities. On the other hand, it also got rid of its UK activities in August 2016.
“In the first quarter of 2017, Takeaway.com continued to deliver on its growth strategy. The company further strengthened its market positions in all leading markets. Given the success of our strategy, we are determined to accelerate the investments in both marketing and our delivery services”, CEO Jitse Groen said.