Swish World Group Enters Global Food Delivery Market with JustEat Stake Acquisition

Swish World Group has finalised the acquisition of a 2.5% stake in JustEat Takeaway N.V. This marks the group’s strategic entry into the burgeoning global food delivery market.

This acquisition signifies Swish World Group’s intent to broaden its investment portfolio and tap into the expanding demand for online food delivery services. JustEat Takeaway N.V., a key player in the industry, offers a robust platform for Swish World Group to actively participate and thrive in the constantly evolving food delivery sector, the group said in a statement.

James van Houten, Group CEO at Swish World Group, commented, “We are thrilled about the acquisition of a 2.5% stake in JustEat Takeaway N.V.

“This strategic investment aligns with our vision of exploring emerging markets and delivering substantial value to our stakeholders. Leveraging JustEat Takeaway N.V.’s established reputation, we anticipate a mutually beneficial partnership as we navigate the dynamic global food delivery landscape.”

Swish World Group believes that the collaboration with JustEat Takeaway N.V. will drive innovation and foster operational synergies, presenting new avenues for both entities to augment their market presence. Swish World Group aims to ensure sustainable long-term growth and development. Further down the road, the Group has plans to establish their own food delivery brand by building on this experience.

James van Houten further emphasised the Group’s intent to leverage its experience with JustEat Takeaway N.V. to venture into developing their own brand in the food delivery sector.

“The Group will strive to establish our unique brand, drawing from our experiences with JustEat and similar ventures,” he added.