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Meaalbestelbedrijf Takeaway.com, known in the Netherlands for the site Thuisbezorgd.nl, established in Israel. The company buys its 10bis counterpart in Tel Aviv from investor TA Associates and founder Tamir Carmel. About 135 million euros are involved in the acquisition.
10bis applies in Israel as a market leader in the field of online meal ordering in restaurants. According to Takeaway, there is still a lot of growth to be achieved in this consumer-oriented service, as 10bis now deals mainly with corporate orders. The latter is also very interesting because Takeaway thinks that this takeover can make orders, for example to replace a canteen for lunch, in all its markets. A total of 15 million orders were placed in 10bis last year
Gross Profit Margin 43%
This resulted in a turnover of more than $ 13 million. Euros, with a gross profit margin of 43%. According to Takeaway, 10bis is one of the few players in the industry that is so profitable. Takeaway more often employs foreign sector partners. The company is already active in many European countries and in Vietnam. The company is still growing in the Netherlands. The company announced in April that it processed 23% of additional orders in the first quarter of this year compared to the first quarter of 2017.
One of the leading meal delivery companies
Takeaway, established in 2000, is today one of the main deliveries of meals on the European continent. Last year, the company processed more than 68 million orders for 11.5 million customers. Earlier this year, Takeaway acquired two companies in Bulgaria and Romania for an amount of 10.5 million euros.
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