BERLIN--(Marketwire - Feb 28, 2012) -
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Delivery Hero, the global network for online food
ordering continues its rapid growth with a controlling interest in
Germany and a pivotal stake in hungryhouse of the UK. The rapid move has
financed by an additional round of funding, making Delivery Hero one of the
best-funded companies in the online food ordering space.
Lieferheld (www.lieferheld.de) has been building a market leading and fast
growing online food ordering platform for 18 months, and serves more than
restaurants in over 700 German cities. hungryhouse (www.hungryhouse.co.uk)
4,500 restaurant partners covering the majority of the UK urban population.
'Partnering with Delivery Hero was an easy decision. It ticked so many
their focus on great service aligns perfectly with our own values. They've
proven in Germany that they can scale faster than anyone else in this
That's great news for both our partner restaurants and community of
as we look to expand our market position here in the UK.' commented Tony
Charles, COO hungryhouse.
The enlarged company is headed by Niklas Östberg (co-CEO) and Fabian
CEO) and employs more than 250 delivery heroes worldwide with headquarters
Berlin, Germany. The company is currently operating in Germany,
Russia, Australia, Mexico and the UK, partnering with more than 12,000
restaurants worldwide. Delivery Hero is expecting 2012 market place revenue
exceed EUR 150MM while serving more than 3 million customers worldwide,
Delivery Hero one of the fastest growing companies in the online food
'The Lieferheld team has demonstrated rapid execution over the last 18
Germany. We are now looking forward to applying this experience in all the
markets that Delivery Hero operates in' says Fabian Siegel, co-CEO Delivery
Hero, former Lieferheld.
Food ordering globally is estimated to be a EUR 75B industry, with most
still placed by telephone. However more and more consumers discover the
convenience of ordering food online every day. Instead of searching through
paper menus, consumers simply enter their location and get a personalised
directory of restaurants and takeaway services that deliver to them.
benefit from transparent customer reviews, allowing the best delivery
to prosper. Consumers simply select their food online and choose to pay
or with cash on delivery. Industry experts claim that in the mid-term, most
orders will be placed online, as has happened in other industries such as
and hotel bookings.
'I am excited to join forces with the teams of Lieferheld and hungryhouse
build the global leader in online food ordering. The growth over the last
months has been breath-taking and we will now focus on consolidating the
we are operating to ensure we play for market leadership in each of them',
commented Niklas Östberg, co-CEO Delivery Hero.
About Delivery Hero
Delivery Hero - Building the global leader in online food ordering.
Hero is a network of online food ordering sites around the world. The
shows consumers local restaurants and delivery services that deliver food
(Pizza, Pasta, Sushi, Chinese and much more) and allows for easy and
order placement online or via various mobile Apps (iPhone, Android). The
is free to consumers. Participating restaurants and delivery services pay a
commission fee for every order submitted via Delivery Hero.
Markus Fuhrman, Niklas Östberg and Team Europe, founded Delivery Hero
Investors in the company include Kite Ventures, e-Tengelmann, Holtzbrinck
Ventures and Point Nine Capital. The company is headquartered in Berlin,
and employs more than 250 delivery heroes globally. Company is serving more
12,000 restaurants world wide in markets including Germany, UK, Russia,
Switzerland, Mexico and Australia.
hungryhouse's mission is to become UKs most trusted resource for the
industry. More than a just a restaurant directory - it's a convenient and
transparent way to find a restaurant, read reviews and order a delivery.
business exists to help restaurateurs keep up with the increasing
needs of their customers - one example being the 4-star rated hungryhouse
phone app, which gives customers a comfortable way to carry thousands of
in their pocket!
Launched in February 2006, the plucky startup originally found fame when
founders shook hands on a deal with Duncan Bannatyne and James Caan in the
Dragons' Den (Video here: http://www.youtube.com/watch?v=Ev4zZ_gbF-c).
since grown to list over 4,500 delivery services nationwide, the service
been recognised with many awards in the UK - including being named "Online
business of the year" by Nectar in 2011.
Lieferheld is a market leading online food ordering platform in Germany,
providing its service in more than 700 cities serving over 5,200
Lieferheld was founded by Markus Fuhrmann, Nikita Fahrenholz , Claude
Team Europe in 2010. Operating out of Berlin, the company quickly
itself as a leading German brand in online food ordering. Lieferheld became
of Delivery Hero in February 2012.
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Source: Lieferheld GmbH via Thomson Reuters ONE