Just Eat Takeaway.com

{{For|further information on the history of Just Eat|Just Eat#History}}

Takeaway.com was created by Jitse Groen in 2000 after he had a difficult time ordering food online from local restaurants. Initially, Groen wanted to deliver all kinds of consumer goods; however, he noticed that food deliveries were subject to the most demand, and decided to make this the company's primary focus.{{Cite news |date=2023-01-18 |title=Takeaway sees stronger profitability in 2023 despite Q4 orders slump |language=en |work=Reuters |url=https://www.reuters.com/markets/europe/takeaway-q4-orders-slump-flags-ebitda-24266-mln-2023-2023-01-18/ |access-date=2023-08-30}}Image:TNW Conference 2015 - Day 2 (17242478002) (cropped).jpg

In 2002, co-founder Ruben Eilander left Takeaway because the business was growing too slowly. According to Groen, in these early years, he was relying on his student loans to keep himself financially afloat. Thanks to broadband internet becoming mainstream around 2003, the business started growing, and Groen left his studies to focus on the company.{{Cite web|title='Ik had een idioot lange aanlooptijd nodig'|url=https://www.emerce.nl/nieuws/ik-had-een-idioot-lange-aanlooptijd-nodig-2|access-date=2021-10-03|website=Emerce|language=nl}}{{Cite web|title=Jitse Groen – Oprichter en Algemeen Directeur Thuisbezorgd.nl {{!}}|url=http://www.memorymagazine.nl/the-road-to-success/jitse-groen-oprichter-en-algemeen-directeur-thuisbezorgd-nl/|access-date=2021-10-03|language=en-US}}

The company benefited from an investment of {{FXConvert|EUR|13|m|cursign=€|lk=on|year=2012|showdate=no}} from Prime Ventures—a venture capital and growth equity firm—in 2012.{{cite web|url=https://www.primeventures.com/news/takeawaycom-raises-eur-13-million-funding-prime-ventures/|title=Takeaway.com raises €13 million in funding from Prime Ventures|publisher=Prime Ventures|date=1 January 2012|access-date=10 January 2020|archive-date=10 January 2020|archive-url=https://web.archive.org/web/20200110205333/https://www.primeventures.com/news/takeawaycom-raises-eur-13-million-funding-prime-ventures/|url-status=dead}} It began accepting Bitcoin in November 2013{{cite news|url=http://www.nu.nl/tech/3620286/thuisbezorgd-accepteert-betalingen-via-bitcoin.html |title=Thuisbezorgd accepteert betalingen via Bitcoin (Thuisbezorgd.nl starts accepting payments in Bitcoin)|date=5 November 2013|work=Nu.nl|language=nl|access-date=5 November 2013}}{{cite web|url=https://www.telegraph.co.uk/technology/news/10558191/Ten-places-where-you-can-spend-your-bitcoins-in-the-UK.html|title=Ten places where you can spend your bitcoins in the UK|date=10 January 2014|work=Daily Telegraph|access-date=14 February 2015}} and benefited from another investment of {{FXConvert|EUR|74|m|cursign=€|lk=off|year=2014|showdate=no}} in a series B-round led by Macquarie Capital and Prime Ventures in 2014.{{cite web|url=http://corporate.takeaway.com/About+us/News+archive#Takeaway.com+raises+103+million+USD|title=Takeaway.com - About us - News archive|work=takeaway.com|access-date=14 February 2015}} It also launched a new logo in all of the countries countries where it operated.{{cite web|url=http://corporate.takeaway.com/About+us/News+archive#Takeaway.com+introduces+its+new+and+improved+logo|title=Takeaway.com - About us - News archive|work=takeaway.com|access-date=14 February 2015}} It then raised {{FXConvert|EUR|328|m|cursign=€|lk=off|year=2016|showdate=no}} from an IPO, valuing the company at {{FXConvert|EUR|993|m|cursign=€|lk=off|year=2016|showdate=no}}, in 2016.{{cite news|url=https://techcrunch.com/2016/09/29/food-delivery-startup-takeaway-com-raises-368m-in-ipo-valuing-it-at-1-1b/|title=Food delivery startup Takeaway.com raises $368M in IPO, valuing it at $1.1B|last=Lunden|first=Ingrid|work=TechCrunch|publisher=Yahoo! Inc.|location=Dublin|access-date=2016-09-30}} In August that year, it stopped doing business in the UK, selling its customer portfolio to rival Just Eat.{{cite web|url=http://siliconcanals.nl/news/startups/e-commerce/takeaway-sells-british-justeat|title=Takeaway sells British Just Eat|publisher=Silicon Canals}}

In 2017, in Belgium, local provider, Pizza.be, was rebranded Takeaway.com.{{Cite news|url=http://www.standaard.be/cnt/dmf20170217_02735894|title=Pizza.be wordt Takeaway.com|last=Rasking|first=Johan|work=De Standaard|access-date=2017-02-26|language=nl-BE}} In 2018, the company increased the commission it charged for using the platform from 12% to 13%.{{cite news|date=30 July 2018|title=In het nieuws: Jitse Groen (CEO Takeaway.com)|language=nl|work=MT.nl|url=https://www.mt.nl/business/manager-nieuws-jitse-groen-takeaway/540638|url-status=live|archive-url=https://web.archive.org/web/20190829103621/https://www.mt.nl/business/manager-nieuws-jitse-groen-takeaway/540638|archive-date=29 August 2019|accessdate=26 May 2020}} In the same year, Takeaway.com acquired Israeli food delivery company 10bis ({{langx|he|תן ביס}}) for {{FXConvert|EUR|135|m|cursign=€|lk=off|year=2016|showdate=no}},{{Cite news|url=https://en.globes.co.il/en/article-takeawaycom-buys-israeli-food-delivery-co-10bis-for-135m-1001247866|title=Takeaway.com buys Israeli food delivery co 10bis for €135m|date=29 July 2018|work=Globes|access-date=2 January 2019}} as well as local Bulgarian startup BGmenu.com, including its Romanian subsidiary Oliviera.ro;{{cite web|last=Keane |first=Jonathan |url=http://tech.eu/brief/takeaway-com-bgmenu/ |title=Takeaway.com acquires Bulgaria's BGmenu for €10.5 million |publisher=Tech.eu |date=2018-02-23 |access-date=2019-10-25}} and in 2019 it acquired Lieferheld, Pizza.de, and Foodora from Delivery Hero in Germany.{{cite web|url=https://www.ft.com/content/eb7ac1b0-04f1-11e9-99df-6183d3002ee1|title=Delivery Hero sells German operations to Takeaway.com|date=1 December 2018|publisher=FT.com|access-date=10 January 2010}}

In July 2019, Takeaway.com announced proposals to take over Just Eat.{{Cite news|url=https://www.theguardian.com/business/2019/jul/29/just-eat-merger-takeawaycom|title=Just Eat agrees £9bn merger with Takeaway.com|last=Kollewe|first=Julia|date=2019-07-29|work=The Guardian|location=London|access-date=2019-07-29|language=en-GB|issn=0261-3077}} In January 2020, 80.4% of Just Eat shareholders approved Takeaway.com's acquisition deal.{{Cite news|url=https://www.bbc.com/news/business-51065886|title=Just Eat battle ends with Takeaway.com as victor|date=2020-01-10|access-date=2020-01-10|language=en-GB|work=BBC News|location=London}} Although Just Eat became a subsidiary of Takeaway.com on 3 February 2020, the British Competition and Markets Authority ordered on the following day that no integration should take place and that the brands should be kept separate until their investigation is completed.{{cite news|url=https://news.sky.com/story/just-eat-takeover-by-takeaway-com-to-be-investigated-by-competition-watchdog-11916289|title=Just Eat takeover by Takeaway.com to be investigated by competition watchdog|work=Sky News|location=London|date=24 January 2020|access-date=6 February 2020}} On 23 April 2020, the Competition and Markets Authority announced that it was unconditionally approving Just Eat's merger with Takeaway.com.{{Cite news|url=https://www.platformexecutive.com/news/sharing-economy/takeaway-issues-shares-after-uk-competition-watchdog-gives-just-eat-buy-approval/|title=Takeaway issues shares after UK competition watchdog gives Just Eat buy approval|last=Phillips|first=Rob|work=Platform Executive|access-date=23 April 2020}}

In June 2020, the company announced that it would acquire, in an all-stock transaction, US-based Grubhub—valuing the deal at $7.3 billion.{{Cite news|url=https://uk.reuters.com/article/us-grubhub-m-a-just-eat-takeawaay-idUKKBN23H2FB|archive-url=https://web.archive.org/web/20200610170753/https://uk.reuters.com/article/us-grubhub-m-a-just-eat-takeawaay-idUKKBN23H2FB|url-status=dead|archive-date=June 10, 2020|title=Europe's Just Eat Takeaway to buy Grubhub for $7.3 billion|last1=Sterling|first1=Toby|last2=Roumeliotis|first2=Greg|work=Reuters|date=June 11, 2020|via=Reuters UK}}

The company was reported to be in talks with Prosus to sell its 33% stake, inherited from Just Eat, in Brazilian food delivery company iFood, which operated in Brazil and Colombia, in July 2020.{{Cite web |title=Prosus plans to buy Just Eat Takeaway stake in Brazil's iFood – Bloomberg |url=https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/prosus-plans-to-buy-just-eat-takeaway-stake-in-brazil-s-ifood-8211-bloomberg-59279855 |access-date=2022-06-25 |website=www.spglobal.com |language=en-us}}{{Cite news |date=2020-07-01 |title=Prosus Is Said in Talks to Buy Just Eat Stake in Brazil's IFood |language=en |last1=Prinsloo|first1=Loni|last2=Balezou|first2=Myriam|url=https://www.bloomberg.com/news/articles/2020-07-01/prosus-is-said-in-talks-to-buy-just-eat-stake-in-brazil-s-ifood |agency=Bloomberg News|location=São Paulo|access-date=2022-06-25}} The company already had a partnership with iFood in these two countries. It completed the sale of its stake in iFood to Prosus for €1.8 billion in August 2022.{{Cite news |date=2022-08-19 |title=Just Eat Takeaway sells stake in Brazil's iFood for up to €1.8bn |newspaper=Financial Times|location=London|publisher=Nikkei Inc.|url-access=subscription|url=https://www.ft.com/content/864ba481-1d15-4ec5-b66c-6e54730dc8aa |access-date=2022-08-20}}{{Cite news |last=Sterling |first=Toby |date=2022-08-19 |title=Just Eat Takeaway soars on $1.8 billion iFood stake sale to Prosus |language=en |work=Reuters|location=London|url=https://www.reuters.com/markets/deals/prosus-buy-ifood-stake-just-eat-takeaway-up-18-bln-euros-2022-08-19/ |access-date=2022-08-20}}

The company became the sponsors of the UEFA men's club and women's competitions on 22 March 2021, after being awarded the first-ever sponsorship contract for the UEFA Euro 2020.{{cite news|url=https://insidersport.com/2021/03/23/just-eat-serves-up-league-wide-uefa-sponsorship/|title=Just Eat serves up league-wide UEFA sponsorship|last=Hunt|first=Holly|work=Insider Sport|accessdate=22 March 2021}}

In July 2021, the company announced it would acquire Slovak market leader Bistro.sk; the acquisition was completed in October 2021.{{Cite news|date=2021-07-16|title=Just Eat acquires Slovakian food delivery as global expansion continue|url=https://www.cityam.com/just-eat-acquires-slovakian-food-delivery-as-expansion-continues/|last=Ghouri|first=Farah|access-date=2022-01-07|newspaper=City A.M.|location=London|publisher=THG plc|language=en}}{{Cite press release |date=1 October 2021 |title=Just Eat Takeaway.com completes acquisition of Slovakian market leader Bistro.sk |url=https://www.justeattakeaway.com/newsroom/en-WW/203059-just-eat-takeaway-com-completes-acquisition-of-slovakian-market-leader-bistro-sk |access-date=23 June 2022 |publisher=Just Eat Takeaway.com|location=Amsterdam}}

The company withdrew from operations in Norway and Portugal in April 2022,{{Cite report |date=2 March 2022 |title=Full Year 2021 Results |url=https://www.justeattakeaway.com/newsroom/en-WW/211075-full-year-2021-results |access-date=23 June 2022 |publisher=Just Eat Takeaway.com|location=Amsterdam}}{{Cite news|title=Just Eat loss smaller than expected, to exit Norway Portugal |url=https://www.sharecast.com/news/news-and-announcements/just-eat-loss-smaller-than-expected-to-exit-norway-portugal--9319805.html |access-date=2022-06-23 |website=Sharecast |language=en}}{{Cite news |date=2022-03-02 |title=Just Eat sees losses widen but delivers £4.4bn in sales |url=https://www.independent.co.uk/business/just-eat-sales-losses-delivery-b2026611.html |access-date=2022-06-23 |last=Williams|first=Holly|work=The Independent|location=London|language=en}} and discontinued its operations in Romania in June 2022.{{Cite press release|date=10 May 2022 |title=Just Eat Takeaway.com to discontinue platform and delivery operations in Romania |url=https://www.justeattakeaway.com/newsroom/en-WW/214179-just-eat-takeaway-com-to-discontinue-platform-and-delivery-operations-in-romania |access-date=23 June 2022 |publisher=Just Eat Takeaway.com|location=Amsterdam}}{{Cite web |last=andreich |date=2022-05-11 |title=Delivery platform Takeaway leaves Romania after failing to penetrate the market |url=https://www.romania-insider.com/takeaway-leaves-romania-2022 |access-date=2022-06-23 |website=Romania Insider |language=en}}

In April 2022, following investor pressure, the company announced it was considering a full or partial sale of Grubhub.{{Cite news |last=Browne |first=Ryan |date=2022-04-20 |title=Just Eat Takeaway is exploring a sale of Grubhub barely a year after buying the company |url=https://www.cnbc.com/2022/04/20/just-eat-takeaway-is-exploring-a-sale-of-grubhub.html |access-date=2022-06-23 |work=CNBC|location=New York|publisher=NBCUniversal |language=en}}{{Cite news |date=2022-04-20 |title=Just Eat Takeaway considers selling US arm Grubhub as orders fall |url=https://www.theguardian.com/business/2022/apr/20/just-eat-takeaway-considers-selling-us-arm-grubhub-as-orders-fall |access-date=2022-06-23 |last=Patridge|first=Joanna|newspaper=The Guardian|location=London |language=en}}{{Cite news |date=2022-04-20 |title=Just Eat Takeaway explores Grubhub sale |newspaper=Financial Times|location=London|publisher=Nikkei Inc.|url=https://www.ft.com/content/ef581a6e-ae42-4a38-8690-b15b607b2365 |access-date=2022-06-23 |url-access=subscription }} It confirmed the sale of Grubhub to restaurant chain Wonder Group Inc for $650m in November 2024.{{Cite news |last=Partridge |first=Joanna |date=2024-11-13 |title=Just Eat Takeaway to sell US arm Grubhub at a loss of more than $6.5bn |url=https://www.theguardian.com/business/2024/nov/13/just-eat-takeaway-to-sell-us-arm-grubhub-in-cut-price-deal |access-date=2024-11-13 |work=The Guardian |language=en-GB |issn=0261-3077}}{{Cite news |last=Partridge |first=Joanna |date=2024-11-13 |title=Just Eat Takeaway to sell US arm Grubhub at a loss of more than $6.5bn |url=https://www.theguardian.com/business/2024/nov/13/just-eat-takeaway-to-sell-us-arm-grubhub-in-cut-price-deal |access-date=2024-11-13 |work=The Guardian |language=en-GB |issn=0261-3077}}

In November 2024, the company announced it would be delisting its shares from the London Stock Exchange, making Amsterdam, where it was headquartered, the sole location where its shares could be traded.{{Cite web |last=Browne |first=Ryan |date=2024-11-27 |title=Just Eat Takeaway to delist from London Stock Exchange in blow to UK market |url=https://www.cnbc.com/2024/11/27/just-eat-to-delist-from-london-stock-exchange-in-blow-to-uk-market.html |access-date=2024-11-28 |website=CNBC |language=en}}

The investment firm, Prosus, announced that it would acquire the company for €4.1 billion, in February 2025. Prosus, which also owned 25% of rival German service Delivery Hero, 4% of China's Meituan, and 25% of India's Swiggy, had originally planned to purchase UK-based Just Eat in 2019, to prevent the eventual merger of Just Eat and Takeaway.com.{{Cite news |last1=Bradshaw |first1=Tim |last2=Levingston |first2=Ivan |last3=Smith |first3=Kieran |date=2025-02-24 |title=Prosus to acquire Just Eat Takeaway in €4bn deal |url=https://www.ft.com/content/9b3af18a-e499-4baf-92d8-930ad39f26b9 |access-date=2025-03-03 |work=Financial Times}}

The company operates under different brand names in different countries.

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