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Dutch considers IPO, valued at €1 billion

Dutch considers IPO, valued at €1 billion

Food-order company Takeaway from the Netherlands is considering an initial public offering that could the service at more than 1 billion euros. Official details aren’t public yet, but news agency Bloomberg spoke to some people familiar with the matter. BV is said to speak with advisers and if all goes well, the Dutch company could list this year. The official statement from for now is that it’s “always investigating the best options for the company”, without giving any more comments on the subject.

If Takeaway is indeed aiming for an IPO, it joins similar food-order services, including Rocket Internet-backet Delivery Hero which was valued at 2.8 billion euros in a financing round in June last year. UK company Just Eat was listed in 2014 and announced several acquisitions in February.

In its home market of the Netherlands, Takeaway is the absolute market leader with, where it takes more than a million orders a month. The company was founded in 2000 and raised 73 million euros in 2014.