
Just Eat Benelux
Just Eat's Netherlands and Belgium businesses.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
€22.5m Valuation: €22.5m 0.3x EV/Revenue 18.9x EV/EBITDA | Acquisition | ||
Total Funding | 000k |
GBP | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | 114 % | 30 % | 17 % | 9 % | 5 % | (58 %) | 13 % |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% EBITDA margin | 2 % | 101 % | 39 % | (60 %) | (49 %) | (545 %) | (1044 %) |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | 11 % | 71 % | 26 % | (91 %) | (105 %) | (682 %) | 853 % |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Just Eat Benelux operates as a crucial component of Just Eat Takeaway.com, a global leader in the online food delivery marketplace. The company's origins in the Benelux region trace back to the founding of Thuisbezorgd.nl in the Netherlands in 2000 by Jitse Groen. While a student at the University of Twente, Groen conceived the idea for a nationwide online platform to order food after finding limited local delivery options during a family gathering. This initial venture, launched from a small student room, laid the groundwork for what would become a dominant force in the European food delivery sector. Groen, whose background is in business and IT, personally developed the initial platform and onboarded the first set of restaurants, demonstrating a hands-on approach that defined the company's early growth.
The business model is primarily centered on creating a two-sided marketplace that connects consumers with local restaurants. Revenue is generated through commission fees charged to restaurant partners on every order placed through the platform. This model allows restaurants, particularly smaller independent establishments, to gain online visibility and access a broader customer base without the need to develop and maintain their own e-commerce infrastructure. For consumers, the service provides a convenient, centralized hub to browse menus, place orders, and pay for meals from a wide variety of local eateries. Over the years, the company has expanded its services beyond just being a marketplace. In many areas, it now also offers a proprietary delivery service, employing its own couriers to handle the logistics for restaurants that do not have their own delivery fleet, thereby broadening its market reach and value proposition.
The platform's evolution has been marked by significant strategic milestones, most notably the merger between the Dutch-based Takeaway.com and the UK-based Just Eat, which was finalized in 2020. This transformative deal created one of the world's largest online food delivery companies, combining Takeaway.com's strong presence in continental Europe, including the Benelux, with Just Eat's established foothold in the UK and other international markets. The combined entity, Just Eat Takeaway.com, now operates under various local brand names, such as Thuisbezorgd.nl in the Netherlands and Takeaway.com in Belgium, while leveraging the global scale and technology of the parent company.
Keywords: online food delivery, restaurant marketplace, commission-based model, food ordering platform, logistics services, e-commerce, two-sided marketplace, meal delivery, takeaway services, restaurant aggregator