Athens, October 1, 2013: S.A. , a leading force in online food delivery in Greece, announced today the signing of an investment agreement worth 3,000,000 Euros with Yemeksepeti, one of the largest online food ordering platforms in the world. The investment will be completed in successive stages and constitutes an excellent financial tool in the hands of the Greek company, which aims to strengthen its further development through the expansion of the services it offers throughout Greece. The founding executives of Click Delivery retain control and management of the company, while Yemeksepeti contributes decisively to the development strategy, offering know-how and specialized knowledge.
Clickdelivery.gr users now have the ability to order food in the simplest and most intelligent way, from a wide range of flavors and dishes, at any time: watching a football match, with friends, watching a movie at home after work, studying for an exam, working late at the office or simply at times when there is nothing else ready in the kitchen. Click Delivery , in collaboration with the restaurants that offer their products through the online platform, provides exclusive offers at low prices on a daily basis. Its users can choose from advantageous offers while the partner restaurants increase their sales and at the same time their revenues.
Yemeksepeti astrategic partnership agreement with the international investment company General Atlantic and the global NGO Endeavor (Catalyst). It is worth noting that Yemeksepeti decides for the first time to make a direct investment in a fast-growing start-up without following the established model of developing its brand in new markets. This diversification in Yemeksepeti's strategy is a result of the strong presence of Click Delivery in the Greek market.
Clickdelivery.gr was launched in 2010 and for the first time began to offer online food ordering services having developed a modern and innovative ordering platform through an easy-to-use two-way terminal. These devices directly and reliably forward orders to the collaborating restaurants while simultaneously informing the end user about the possible delivery time. And all this without requiring the use and installation of a computer and Internet connection in the restaurant area. Clickdelivery.gr is today the undisputed market leader with more than 650 collaborating restaurants in Athens, Thessaloniki, Larissa and Ioannina. The website processes over 2,000 meals daily, consistently serving over 40,000 unique customers.
“The growth opportunities in the Greek market combined with the quality services of Click Deliverymade this decision a one-way street for all of us,” said Nevzat Aydin, co-founder and CEO of Yemeksepeti Group. “We are confident that Click Deliverywill completely change the culture of food delivery in Greece by developing the full potential of this innovative business sector.
“This agreement is a milestone and a real challenge for all of us at Click Delivery. Today begins a new era for our company”said Nikolas Stefanou, co-founder and CEO of Click Delivery. “Our vision is to enable every Greek to order quality food online easily and quickly at low prices.”
The online platform Yemeksepeti.com, launched in 2001, is today the largest portal that brings consumers and restaurants together, giving consumers the opportunity to order food online, without any additional charges. The platform includes over 8,850 partner restaurants from small family businesses to chains such as Burger King, Domino's Pizza, KFC, McDonald's, Pizza Hut, etc. in Turkey, the United Arab Emirates, Oman, Qatar, Saudi Arabia and Lebanon, while it has over 2 million registered users who submit over 60,000 orders daily.
About Click Delivery AE.
Click Delivery is the largest online food delivery destination in Greece. It was founded in 2010 by Nikolas Stefanou (CEO), Achilleas Kotsis (CTO) and Giorgos Kountouris (BoD) with a vision to offer people the smartest, easiest and most affordable way to order food from the best restaurants in their area and, respectively, to restaurants the most modern and reliable way to increase their revenue with additional orders. Click Delivery has developed an innovative online ordering platform through the use of two-way communication terminals. The terminals are very simple to use, they quickly and reliably forward orders to partner restaurants while at the same time sending end users automatic updates on the delivery time of the order. And all this without requiring the use and installation of a computer and Internet connection in the restaurant. Every user, at no cost and without any hidden charges, can at any time choose, via computer or smartphone, quality food from a range of restaurants that will satisfy every taste at any time. Clickdelivery.gr is today the undisputed market leader with more than 650 collaborating restaurants in Athens, Thessaloniki, Larissa and Ioannina. The website processes over 2,000 meals daily, consistently serving over 40,000 customers.
About Yemeksepeti.com
Yemeksepeti is the leading online food ordering company in Turkey, founded in 2001 by Nevzat Aydın – CEO, Melih Ödemiş -CIO, Gökhan Akan – CFO and Cem Nüfusi and today it is the largest portal that brings consumers together with restaurants, giving them the opportunity to order food online, without any additional charge both in Turkey and the wider Middle East through the website www.foodonclick.com. Yemeksepeti cooperates with over 8000 contracted restaurants in 47 different cities in Turkey and over 850 restaurants in the United Arab Emirates, Oman, Qatar, Saudi Arabia and Lebanon through the website www.foodonclick.com. Yemeksepeti is also active in the fields of promoting traditional Turkish products through the website www.Lokum.com as well as high-end catering through the website www.Papyon.com. For more information about Yemeksepeti, visit www.yemeksepeti.com.
About General Atlantic
General Atlantic is a leading global investment firm providing capital and strategic support for business development. GA combines a global synergy philosophy, sector expertise, a long-term investment horizon and a deep understanding of the components of growth to partner with highly skilled management to create exceptional businesses around the world. Founded in 1980, the firm manages approximately €14 billion in both committed and portfolio investments. It has over 80 investment advisors in Greenwich, New York, Palo Alto, London, Düsseldorf, Hong Kong, Beijing, Singapore, Mumbai and São Paulo. For more information about General Atlantic, visit www.generalatlantic.com.
A few words about Nevzat Aydın – Yemeksepeti CEO / Co-founder
Nevzat Aydın is the co-founder and CEO of Yemeksepeti.com, the leading online food delivery portal in Turkey. The company has strategically expanded into the wider Middle East and North Africa region with the international brand Foodonclick.com, which currently serves the United Arab Emirates, Oman, Qatar, Saudi Arabia and Lebanon. Born in 1976 in Istanbul, Nevzat Aydın studied Computer Engineering at Bosphorus University. After graduating, he moved to Silicon Valley where he received an MBA from the University of San Francisco. In 2000, he returned to Turkey to launch the Yemeksepeti.com project. As a result of the successful Yemeksepeti.com effort, Endeavor Turkey named Nevzat Aydın as Endeavor Entrepreneur of the Year for 2007 and 2010. In addition, Mr. Aydın was named “the most successful young entrepreneur” by CNBC e-Business magazine. Nevzat Aydın is also among the 150 entrepreneurs from around the world invited to the Entrepreneurship Summitheld in the United States under the auspices of President Barack Obama in April 2010. Nevzat Aydın is a member of the TOBB Young Entrepreneurs Supreme Board and a co-founder of the Galata Business Angels investment company. He is also an editorial consultant for the men’s magazine GQ Turkey.
