• Home
  • About Us
  • Contact
  • Advertise
  • Awards
  • Privacy Policy
  • Twitter
  • Facebook
  • RSS
TheDomains.com

German Company Now Has $1 Billion Valuation After Acquiring Pizza.de

August 14, 2014 by Michael Berkens

TechCrunch.com is reporting that the German food delivery service  Delivery Hero  announced today that it has acquired Pizza.de, another food delivery service also based in Germany.

“The financial terms of the deal were not disclosed but we understand from a source that it is an all-cash deal, with no shares exchanged and that post-acquisition, the total valuation of Delivery Hero is now over $1 billion.”

“Östberg calls the acquisition of Pizza.de “the largest news in the history of Delivery Hero,” …Pizza.de gives Delivery Hero a big boost in scale in its core market. And in the world of e-commerce and logistics-based services”

Europe, ru-Net, Tengelmann Ventures, Point Nine Capital and Phenomen Ventures. “Due to our focus on delivering the best takeaway, we feel confident that we will always be able to provide a better service than general e-commerce companies. For that reason not worried as long as we continue to stay innovative.”

Today Delivery Hero’s food ordering services cover some 75,000 restaurants across 23 countries, with half of its 800 staff based in Berlin.

Delivery Hero’s German brand, Lieferheld, and Pizza.de will continue to operate as separate brands, the company says. Part of the reason is demographics:

Pizza.de is popular with students in particular, who like to track their deliveries in real-time as a way of procrastinating from doing their work; no need to mess with a good formula.””

 

Filed Under: Domains

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

« Group On’s ideeli, Acquires & Rebrands As ideel.com
Sued Yesterday As Part of BestRegistrar, Jeff Smith Is Also Applicant For New gTLD .Shop »


Recent Articles

  • MariaSharapova.com expires and closes over $22K at GoDaddy auctions
  • Sedo weekly domain name sales led by JPR.com
  • NameJet/SnapNames April 2022 Sales Report

Recent Comments

  • Brad on Quite possibly the ugliest name to sell for three figures ever?
  • John on Q1 2022 Liquid Domains Report sees a sharp drop in median prices
  • JayDee on What do you have for $2K or less? list up to 3 names for sale
  • Robert McLean on Q1 2022 Liquid Domains Report sees a sharp drop in median prices
  • Hafiz Khan on Visionary.vc surpasses Solar.vc to be highest reported .vc domain name sale

Polls

How Many .Web Domains Will Be Registered 1 Year After Launch

View Results

Loading ... Loading ...
  • Polls Archive

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Categories

Archives

domain name news

Copyright ©2019 TheDomains.com — Published by Worldwide Media, Inc. — Site by Nuts and Bolts Media