Largest Food Delivery Platform in Germany Integrates Bitcoin

[links]

Lieferando, the largest food delivery platform in Germany, officially integrated Bitcoin. Users on the platform will be able to pay for food deliveries using Bitcoin.

Originally, Lieferando obtained over $18 mln in funding as a regional food delivery application and service provider. Due to the platform’s success regarding the rapidly growing user base, revenue streams and popularity, Netherlands-based Takeaway.com acquired Lieferando.

The acquisition of Lieferando by Takeaway.com is important to note as the Takeaway.com development team initially integrated Bitcoin back in 2013. Most of its subsidiaries including Pizza.fr have started to accept Bitcoin after the acquisition by Takeaway.com.

It is equally crucial to acknowledge the fact that Takeaway.com completed its initial public offering (IPO) in 2016 to raise hundreds of millions of dollars at a $1 bln valuation. Despite the IPO, the board members and corporate executives of the company continued to show support for Bitcoin and integrate the digital currency into newly acquired subsidiaries.

Before the acquisition of Takeaway.com, Lieferando briefly accepted Bitcoin from 2014 to 2015. During the company’s rebranding acquisition process, the company dropped its Bitcoin integration but reimplemented it once the acquisition was finalized.

[Yakamoto]

Good to see that the Germans are willing to go ahead with Bitcoin use even though their government was screeching about it something like a year ago (or was it back when Paris happened?). Not sure how popular a food delivery business would be based on my experience, but then again this is Canada and few people have money to burn on delivery services like that. If they're bringing in enough money then they'll keep it going I guess, but I just find the concept kind of strange to be completely honest.

[Minecache]

This is breaking news surely?

[Xavofat]

This is breaking news surely?

Just about everything is breaking news according to you.

Despite the IPO

Why, would you rather that they did an extremely annoying ICO instead and confused all the investors?

[Kemarit]

I guess the management behind the company really believed and trusted bitcoin ever since its inception. Maybe they are tech savvy people and see down the line that bitcoin will really be mass adopted and they want to be ahead in implementing bitcoin acceptance in their industry. Of course they will likely face new challenge ahead, like costing, profit confirmation time and others. Here in the Philippines, food delivery service is very competition with the likes of big McDonalds, KFC, Pizza Hut and other local food competing for every customers. Lets see how this integration will succeed.

[Sosaso75]

Woooow...thats incredible news...i will try it the next time for sure. Am very exited

[pixie85]

Not long ago I've seen the news about a Polish delivery platform doing the same. Is this their German counterpart doing a similar move, or maybe they are owned by the same person or company. It's nice to see rising acceptance, but is it worth ordering a $5 meal with a $1 fee? They won't have a lot of customers if the fees stay the same.

[joshy23]

Not long ago I've seen the news about a Polish delivery platform doing the same. Is this their German counterpart doing a similar move, or maybe they are owned by the same person or company. It's nice to see rising acceptance, but is it worth ordering a $5 meal with a $1 fee? They won't have a lot of customers if the fees stay the same.

Exactly, the fees are really a major roadblock for this kind of business that integrates bitcoin. Another thing I'm seeing is the volatility of the bitcoin price, the swings will really impact how they profit. And as others have said, bitcoin is not for micro payments anymore because of the high fees incurred. I'm not saying that they should not accept bitcoin but since we have a lot of issues at hand, they will have to think again if integration will be profitable in the long run. I just wish them luck though.

[xFiber]

Not long ago I've seen the news about a Polish delivery platform doing the same. Is this their German counterpart doing a similar move, or maybe they are owned by the same person or company. It's nice to see rising acceptance, but is it worth ordering a $5 meal with a $1 fee? They won't have a lot of customers if the fees stay the same.

Yes I agree for now it surely will only be enthousiasts using bitcoin as a payment processor but hopefully within a month the excessive fee problem will be solved.

[Love!]

This is good news in my opinion. The biggest part of this that I see, is that even after the IPO they still supported Bitcoin as a payment method.

[Eric Cartman]

This is breaking news surely?

This is not 2013 anymore, big companies accepting BTC isn't breaking news no.

Good, but in the other hand means more selling pressure if people in fact use Bitcoin.

[Juggy777]

Lieferando, the largest food delivery platform in Germany, officially integrated Bitcoin. Users on the platform will be able to pay for food deliveries using Bitcoin.

Originally, Lieferando obtained over $18 mln in funding as a regional food delivery application and service provider. Due to the platform’s success regarding the rapidly growing user base, revenue streams and popularity, Netherlands-based Takeaway.com acquired Lieferando.

The acquisition of Lieferando by Takeaway.com is important to note as the Takeaway.com development team initially integrated Bitcoin back in 2013. Most of its subsidiaries including Pizza.fr have started to accept Bitcoin after the acquisition by Takeaway.com.

It is equally crucial to acknowledge the fact that Takeaway.com completed its initial public offering (IPO) in 2016 to raise hundreds of millions of dollars at a $1 bln valuation. Despite the IPO, the board members and corporate executives of the company continued to show support for Bitcoin and integrate the digital currency into newly acquired subsidiaries.

Before the acquisition of Takeaway.com, Lieferando briefly accepted Bitcoin from 2014 to 2015. During the company’s rebranding acquisition process, the company dropped its Bitcoin integration but reimplemented it once the acquisition was finalized.

Just the other day, Polish big chain adopted and now Germany food chain followed it, that's good to see it. I am waiting to see if the global food chains adopt it to, like the next time you step in to Mac d and be like there a sign hanging no Fiat no worries, Bitcoins also welcome. That would be a game changer for me waiting for that to happen, and I keep wondering why are they slow in adopting it, when their counterparts are doing it.

[Lorilikes]

It's a wise choice and what better way to increase revenues than to include new sources of incoming money? I wish more big sppply chains in USA would accept Bitcoin, it is coming soon surely.

Thank you for the share.

[jhenfelipe]

You keep on posting news like this but you are not putting the reference link, it's important. Also it shouldn't be just a copy paste post from an article, give your opinion about the news too.

Anyway, it was a good thing that companies continue in showing support for Bitcoin. However, implementing bitcoin payment is nothing if people won't support and use it imo. As other's have mentioned above, fees could be a problem.

[Wind_FURY]

That is good news but no one will really be using the service through Bitcoin payments. I am not trying to be negative, it is something I have noticed. Maybe because there are not that many users of Bitcoin yet? If there are they will be holding not spending.

[nejibens]

This is good news, it will surely encourage more people in Germany to start earning and using Bitcoin. Such great offline marketplaces when supporting Bitcoin they give the opportunity to many people learning and using crypto currencies.

[LouVandetta]

What a good news.
More places and countries started to accepting and adopting the uses of bitcoin.
With this will make bitcoins will becomes more popular.

So does it mean that we have to pay the fee using bitcoin prices at that time, right?
Sometimes with low fee and the other way around.

[ecnalubma]

Thats good for bitcoin, hopefully big companies in our country adopt bitcoin that way too. But I think it will take a lot time before it will happen. This is just the beginning of bitcoins future in the economy it will push through and will penetrate more companies in the future.