OrderYOYO A/S acquires German online ordering company Gustoco. 2023 guidance raised for the fifth time due to strong October and the acquisition of Gustoco
Company Announcement No. 67 - 2023 OrderYOYO A/SInside Information Copenhagen, November 24, 2023 Highlights Acquisition of German online ordering company Gustoco announced. Gustoco is a strong local market participant in the German online ordering space serving more than 250 takeaway restaurants generating more than DKK 120m in annualized GMV (October 2023) and approximately DKK 4m in annualized ARR (October 2023) OrderYOYO will acquire Gustoco in a transaction valuing Gustoco at DKK 8.8m, of which DKK 5.3m will be paid in newly issued OrderYOYO shares and the