Tag: Foodtech
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HelloFresh, Deliveroo and the path to profitability in Food Tech
HelloFresh, the Berlin-based global meal kit service that’s 53% owned by Rocket Internet, is planning an IPO in October. HelloFresh is said to be seeking a valuation of €2 billion, roughly 2x its run-rate revenues of €1 billion. Our online valuation multiples show that is double the 1x revenue multiple of Blue Apron, a U.S based close peer, which…
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Naspers invests €387 million in Delivery Hero: a closer look at the deal and situation
Naspers will be investing €387 million (about $420 million) for a minority stake in Delivery Hero, the global food delivery marketplace, at a valuation in line with Delivery Hero’s previous valuation, said Naspers’ statement. In a Tweet, Naspers calls it a “pre-IPO round”. Assuming a $3.1 billion pre-money valuation, Naspers will own around 12% while Rocket Internet’s ownership…
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Food Delivery Tech: a Deep Dive
This report is a free slide-deck produced by the Dealroom team, with invaluable data contributions from Priori Data, the Berlin-based leading mobile market intelligence company. It combines proprietary data from Dealroom and Priori Data with annual reports, investor presentations and equity research about Just Eat, Takeaway.com and Rocket Internet, plus SimilarWeb online traffic data. [report-download index=”1″/] If…
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European Food Tech: a Recap
It’s been two weeks since the IPO of Takeaway.com, the Dutch food delivery logistics service. Europe now has several public and private well-funded food tech companies. This makes researching and benchmarking the sector all the more interesting. Time for a recap of European food tech. Since 2011, about €4 billion has been invested in European food tech (takeout, delivery,…