10bis

Food Delivery Service

Retail Platforms
Acquired by Just Eat-Takeaway on Jul, 2018

Company Overview

Snapshot

Founded in June 2000 by Tamir Carmel, 10bis operates with 51–200 employees. The company was acquired by Just Eat-Takeaway in July 2018, marking a significant exit in the food delivery sector.

Business overview

10bis is a food ordering and delivery service that enables customers to order meals from a wide selection of restaurants via its website and mobile app. The company partners with thousands of restaurants across Israel, offering diverse food options including local, fast food, and international cuisines. Customers can pay online or using a dedicated 10bis card, with food delivered directly to their doorstep. It operates within the Retail Platforms sector, specifically in Food Tech and Food Trade & Services, leveraging mobile and web platforms to serve the commerce and retail markets, including direct-to-consumer and omni-channel distribution.

Strategic signal

In March 2022, 10bis faced significant operational challenges as hundreds of restaurants reportedly quit the platform due to increased fees. This event signals potential shifts in the competitive landscape of the Israeli food delivery market and highlights the critical importance of partner relationships and pricing strategies for platform-based businesses.

Company Intelligence Q&A

When was 10bis acquired and by whom?
10bis was acquired by Just Eat-Takeaway in July 2018.
Which investor participated in a funding round for 10bis?
TA Associates invested in 10bis in a May 2016 funding round, which was a secondary round.
What was a notable operational challenge for 10bis in 2022?
In March 2022, hundreds of restaurants reportedly quit 10bis due to increased fees, impacting the company's network and market position.
What was the strategic focus of 10bis's R&D operations in late 2020?
In December 2020, 10bis announced plans to double its R&D operations in Israel, indicating a focus on technological advancement and expansion.
What type of services does 10bis provide?
10bis provides a food ordering and delivery service, allowing customers to order from various restaurants through its website and mobile app.

External links