Just Eat Benelux
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Just Eat Benelux - overview
Location
London, -, UK
Primary Industry
Logistics & Distribution
About
Just Eat Benelux is an online food ordering platform that connects consumers with a wide variety of restaurants and grocery stores, facilitating convenient food delivery and collection services across multiple regions. Just Eat Benelux operates as an online food delivery service, enabling users to order from a diverse range of local eateries. The company's headquarters is located in London, UK. In August 2016, Takeaway.
com BV acquired Just Eat's Benelux businesses in a deal valued at EUR 22. 5 million. The founder's history is not specified in the current context, and no subsidiaries or parent companies are noted. Just Eat’s core product offering is an online platform that enables consumers to order food from a wide array of restaurants and grocery stores.
Launched to streamline the food delivery process, the service allows users to search for specific dishes, businesses, or cuisines based on their location while providing options for delivery or collection. With a robust customer base that includes both individual consumers and businesses, Just Eat operates across multiple geographical markets, including the United Kingdom, Ireland, Spain, Denmark, Switzerland, and Italy, among others. The platform's user-friendly interface is designed to enhance the customer experience by updating users on their order’s status while offering loyalty programs that incentivize repeat business. This comprehensive service model caters to diverse consumer preferences, with over 80,000 locations available for food selection and delivery.
Just Eat generates revenue primarily through transaction fees charged to restaurants for each order placed through its platform. In 2023, the company reported a revenue of EUR 1,334,120,431. 50 and an EBITDA of EUR 194,302,668. Restaurants partner with Just Eat to gain access to a broader customer base, paying a percentage of each transaction as a commission.
Additionally, Just Eat's revenue structure encompasses partnerships with businesses through corporate ordering solutions, allowing companies to facilitate employee meals and catering services. Promotional offerings further enhance customer engagement and retention, ensuring a steady flow of transactions across its service areas. Just Eat plans to leverage its recent funding from Takeaway. com BV to expand its product offerings and enhance its market presence.
The company aims to develop new features within its platform designed to improve user experience and streamline operations. Furthermore, Just Eat is focused on expanding its services into new geographic regions by the end of 2024, targeting markets within Europe that have shown growth potential. The funding from the EUR 22. 5 million acquisition will support these initiatives, allowing Just Eat to invest in new technology and marketing strategies.
Current Investors
Takeaway.com BV
Primary Industry
Logistics & Distribution
Sub Industries
Food & Beverage Distribution
Website
www.just-eat.com
Verticals
E-commerce, IoT (Internet of Things)
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Just Eat Benelux - timeline of key events
Just Eat Benelux - financials
| Fiscal Year Ended | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 69,456,000 | 115,692,000 | 170,061,000 | 238,318,000 | 304,000,000 | 377,300,000 | 441,100,000 | 640,000,000 | 1,012,800,000 | - | - | - |
| % Revenue Growth (YoY) | - | 66.6% | 47.0% | 40.1% | 27.6% | 24.1% | 16.9% | 45.1% | 58.3% | - | - | - |
| EBITDA (USD) | 21,571,000 | 43,480,000 | 73,782,000 | 102,511,000 | 132,800,000 | 166,900,000 | 166,000,000 | 164,200,000 | (23,500,000) | - | - | - |
| Operating Income (USD) | 20,390,000 | 41,709,000 | 71,431,000 | 99,769,000 | 129,900,000 | 163,600,000 | 157,800,000 | 156,000,000 | (33,800,000) | - | - | - |
| Operating Margin | 29.4% | 36.1% | 42.0% | 41.9% | 42.7% | 43.4% | 35.8% | 24.4% | (3.3%) | - | - | - |
| % EBITDA Margin | 31.1% | 37.6% | 43.4% | 43.0% | 43.7% | 44.2% | 37.6% | 25.7% | (2.3%) | - | - | - |
| NET Income (USD) | 19,727,000 | 41,236,000 | 68,555,000 | 92,146,000 | 122,400,000 | 144,000,000 | 155,900,000 | 172,900,000 | 12,100,000 | - | - | - |
| % Net Margin | 28.4% | 35.6% | 40.3% | 38.7% | 40.3% | 38.2% | 35.3% | 27.0% | 1.2% | - | - | - |
Just Eat Benelux - employee data
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