T5W.F - Takeaway.com N.V.

Frankfurt - Frankfurt Delayed price. Currency in EUR
74.10
+0.35 (+0.47%)
At close: 3:37PM CEST
Stock chart is not supported by your current browser
Previous close73.75
Open72.90
Bid72.95 x 0
Ask73.65 x 0
Day's range73.60 - 74.10
52-week range43.10 - 88.10
Volume269
Avg. volume95
Market cap4.559B
Beta (3Y monthly)-0.02
PE ratio (TTM)N/A
EPS (TTM)-0.75
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • Amazon’s Deliveroo Deal Faces Review From U.K. Watchdog
    Bloomberg

    Amazon’s Deliveroo Deal Faces Review From U.K. Watchdog

    (Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.The U.K. competition regulator has started a review into Amazon.com Inc.’s bid to buy a slice of fast-growing food delivery startup Deliveroo, adding to the e-tailing giant’s antitrust woes around the globe.The Competition and Markets Authority said on its website Wednesday it’s investigating the purchase of rights and a minority shareholding in Roofoods Ltd., which does business under the Deliveroo brand. The first phase will wrap up by Dec. 11, it said.The investigation comes after the regulator said in July it had “reasonable grounds” to believe Amazon and Deliveroo, which operates a fleet of smartphone-navigated scooters and bicycles to deliver food from local restaurants, had either ceased to be separate operations or were close to merging. While CMA reviews into mergers are relatively common, it’s unusual for the regulator to examine acquisitions of minority stakes.A spokesman for Amazon declined to comment, while a representative for Deliveroo didn’t immediately return a message inquiring about the review.U.S. Democratic presidential contender Elizabeth Warren on Tuesday called out Amazon for running an online marketplace and competing with third-party sellers on the platform as the European Union’s competition czar investigates whether the company is shortchanging smaller merchants in that dual role. Amazon also faces separate antitrust scrutiny from the U.S. Federal Trade Commission and Justice Department.Cash InjectionIn May, Amazon said it would invest in a $575 million funding round to help the London-based startup expand its technology team and network after closing down its own food delivery business in the capital last year. U.K. food delivery has become fiercely competitive, and Deliveroo’s rivals include Just Eat Plc and Uber Technologies Inc.That rivalry has driven acquisition talk across the industry. Just Eat and Takeaway.com NV agreed in July to a 5 billion-pound ($6.4 billion) combination, less than six months after Takeaway.com spent about $1 billion for the German operations of rival Delivery Hero SE. Spanish food delivery startup Glovo has also drawn preliminary interest from Uber and Deliveroo in recent months, people familiar with the matter said previously.Deliveroo said this month that while global sales from its food-delivery business had increased 72% in 2018, profitability remained elusive. The company said it lost 232 million pounds last year compared to 199 million pounds a year earlier.Amazon has signaled its growing ambitions in the U.K. grocery market with Prime Now, which delivers in major British cities within two hours. It faces stiff domestic competition from the likes of Ocado Group Plc, an online grocery pioneer that licenses its technology to the likes of Kroger Co. and aims to halve the Prime Now delivery time with a service called Zoom.(Adds Amazon’s response in fourth paragraph, background on acquisitions from sixth paragraph)\--With assistance from Stephanie Bodoni.To contact the reporters on this story: Hugo Miller in Geneva at hugomiller@bloomberg.net;Christopher Elser in London at celser@bloomberg.netTo contact the editors responsible for this story: Giles Turner at gturner35@bloomberg.net, Amy Thomson, Nate LanxonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Reuters - UK Focus

    LIVE MARKETS-China: looking beyond the trade war

    * European shares rally on report China open to partial US trade deal * STOXX 600 up 0.5%, DAX up 1% after hitting one-week high * Fed's Powell says open to more rate cuts, eyes on FOMC minutes * Solid update lifts food deliverer Takeaway.com, GVC gains * US futures point to positive Wall Street start Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. Reach him on Messenger to share your thoughts on market moves: danilo.masoni.thomsonreuters.com@reuters.net CHINA: LOOKING BEYOND THE TRADE WAR (0959 GMT) Well it actually looks very, very good if you ignore the current tug of war between the world's two biggest economies, at least that's according to Richard Titherington, chief investment officer for JP Morgan AM's EM equities.

  • Reuters - UK Focus

    LIVE MARKETS-Europe's cash pile whets asset managers' appetite

    * European shares recover after sell-off on trade angst * STOXX 600 up 0.3%, DAX up 0.5% after Fed's Powell says open to more rate cuts * Asian shares ease as U.S.-China standoff spreads * Solid update lifts food deliverer Takeaway.com, GVC gains Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. Reach him on Messenger to share your thoughts on market moves: danilo.masoni.thomsonreuters.com@reuters.net EUROPE'S CASH PILE WHETS ASSET MANAGERS' APPETITE (0843 GMT) While European stocks markets may have been underperforming their U.S. peers for some years now, the cash piles laying unused across the continent, particularly in Germany, are whetting the appetite of big asset managers such as JP Morgan AM. Despite negative interest rates and local banks starting to charge clients for holding too much cash, the typical European saver has a strong bias in favour of cash in comparison to the U.S., notes Patrick Thomson, chief executive officer for EMEA.

  • Reuters - UK Focus

    LIVE MARKETS-Opening snapshot: searching for direction

    * European shares stabilise after sell-off on trade angst * STOXX 600 up 0.3%, DAX up 0.5% * Asian shares ease as U.S.-China standoff spreads * Solid update lifts food deliverer Takeaway.com, GVC gains Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. Reach him on Messenger to share your thoughts on market moves: danilo.masoni.thomsonreuters.com@reuters.net OPENING SNAPSHOT: SEARCHING FOR DIRECTION (0731 GMT) Selling pressure has indeed stabilised but Europe was lacking a bit of direction at the open with the STOXX 600 trading just around parity in early deals and sectoral indexes showing muted moves. The major indices are now gaining some momentum, with Germany's DAX up 0.5% and the STOXX 600 up 0.3%, but investors are staying on the sidelines ahead of the start of another round of high level trade talks between the U.S. and China tomorrow and there is little hope of any breakthrough.

  • Deliveroo Keeps on Growing, So Do Losses Hitting $284 Million
    Bloomberg

    Deliveroo Keeps on Growing, So Do Losses Hitting $284 Million

    (Bloomberg) -- Deliveroo’s battle with food delivery rivals is intensifying after the U.K.-based startup posted strong growth, but also an increase in losses.Global sales from its food-delivery business have increased 72% over the past year, reaching 476 million pounds ($583 million) for the year ended Dec. 31.Growth was driven by its international markets and the launch of a marketplace platform for restaurants with existing fleets of drivers to sell meals via the London-based startup’s app, it said in a statement Wednesday.Although sales grew, profitability is a way off. Deliveroo posted a pre-tax loss of 232 million pounds for the period, compared to 199 million pounds a year earlier.Deliveroo Chief Executive Officer Will Shu said he was optimistic about the company’s outlook, and said it “continued to invest heavily in expansion, technology and new products.”In May, Deliveroo said it had secured $575 million in funding led by Amazon.com Inc. and other investors, and would continue to expand in markets including the U.K., France, Italy, Spain and Dubai. But in August, it announced an abrupt retreat from Germany after more than four years, as an increasingly cut-throat competitive landscape piled pressure on the industry.The food delivery industry has been roiled by mergers of late. Just Eat Plc and Takeaway.com NV agreed in July to a 5 billion-pound combination, less than six months after Takeaway.com spent about $1 billion for the German operations of rival Delivery Hero SE. Spanish food delivery startup Glovo has also drawn preliminary interest from Uber and Deliveroo in recent months.Uber Eats and Deliveroo are currently battling for virtual restaurants, where eateries lease kitchen space to prepare food for couriers. With no dining rooms or wait staff, these outfits pop up where food delivery companies expect demand, and sell their meals through Uber Eats or Deliveroo’s app.Deliveroo has raised $1.53 billion, and was valued at $2 billion in a funding round in 2017. Over the next four years, the food-delivery business is estimated to increase 12% a year, to $76 billion in 2022, according to investment firm Cowen Inc.To contact the reporter on this story: Nate Lanxon in London at nlanxon@bloomberg.netTo contact the editor responsible for this story: Giles Turner at gturner35@bloomberg.netFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Reuters - UK Focus

    UPDATE 2-Just Eat shareholder Eminence Capital to vote against Takeaway.com merger

    Investment firm Cat Rock, however, said on Tuesday Just Eat shareholders should vote for the merger unless a more "compelling and credible" counter-offer emerges. "Voting against the Just Eat and Takeaway.com merger benefits no one but Just Eat's competitors," Cat Rock said in a statement https://static1.squarespace.com/static/5c13f4c6e17ba3aca12b9686/t/5d6e5eef4f45fb00014f46f7/1567514352007/Cat+Rock+Capital+Press+Release+on+Just+Eat+plc+9-3-19+vFinal.pdf. Cat Rock had been pushing Just Eat to merge with a rival such as Takeaway and has also stepped up its campaign for changes at the company.

  • Just Eat shareholder Eminence Capital to vote against Takeaway.com merger
    Reuters

    Just Eat shareholder Eminence Capital to vote against Takeaway.com merger

    Investment firm Cat Rock, however, said on Tuesday Just Eat shareholders should vote for the merger unless a more "compelling and credible" counter-offer emerges. "Voting against the Just Eat and Takeaway.com merger benefits no one but Just Eat's competitors," Cat Rock said in a statement https://static1.squarespace.com/static/5c13f4c6e17ba3aca12b9686/t/5d6e5eef4f45fb00014f46f7/1567514352007/Cat+Rock+Capital+Press+Release+on+Just+Eat+plc+9-3-19+vFinal.pdf. Cat Rock had been pushing Just Eat to merge with a rival such as Takeaway and has also stepped up its campaign for changes at the company.

By using Yahoo, you agree that we and our partners can use cookies for purposes such as customising content and advertising. See our Privacy Policy to learn more