In the European Union, a significant shift is occurring in household demographics. Bloomberg reports that single-person households have surged in recent years, even surpassing households with children back in 2013. This dramatic change has numerous implications for society, particularly evident in the rise of food delivery apps like Uber Eats and Postmates. One notable service, now known globally as Takeaway.com, was founded by Jitse Groen in a dorm room way back in 2000. Since then, it has flourished, making Groen a billionaire with a net worth of $1.5 billion.
Groen's journey into the food delivery industry began with frustration—specifically, his annoyance at the lack of online menus for local restaurants in 2000. Sixteen years later, Takeaway.com went public, and its stock has increased to more than three times its original value. The company's reach has expanded from a small dorm room at the University of Twente to operating in ten EU countries, as well as Israel and Vietnam, showcasing the potential of online food delivery services.
Takeaway.com has positioned itself among the top three services in its market across these European nations. Unlike more recent apps, Takeaway.com collaborates only with restaurants that already provide delivery services. This unique model allows it to function as a bridge between customers and restaurants, facilitating orders and payments without directly managing food delivery. As stated on its official site, “We work with participating restaurants that deliver food themselves, with the Takeaway.com platform serving as a source of orders for them and facilitating the online payment process.”
Details | Information |
---|---|
Name | Jitse Groen |
Company | Takeaway.com |
Founded | 2000 |
Net Worth | $1.5 billion |
Headquarters | Netherlands |
Despite his immense success, Groen maintains a unique connection to the business. As CEO, he still makes deliveries by bicycle on occasion, demonstrating a hands-on approach that keeps him grounded in the day-to-day operations of his company. This dedication to his work and the growth of the food delivery industry reflects the changing landscape of modern dining and consumer preferences.
What You Will Learn
- The significant rise of single-person households in the EU and its societal impacts.
- The founding story of Takeaway.com and its evolution into a billion-dollar company.
- How Takeaway.com differentiates itself from competitors in the food delivery market.
- Jitse Groen's unique approach to running his company and maintaining personal connections to the business.
Warren Buffett's Historic $3.6 Billion Donation: A Philanthropic Legacy
Jeff Bezos Finds $80 Million Manhattan Penthouse After Divorce
Eli Broad's Call For A Wealth Tax: A Billionaire's Perspective On Economic Inequality