Friday 01 July 2022 is the fastest-growing company in the Netherlands

Delivery moments of, parent of online food order service, is the fastest-growing company, or scale-up, in the Netherlands, according to a new list compiled by the Erasmus Centre for Entrepreneurship.

The 2018 ranking says, established in 2000, has created 946 new jobs while its turnover increased by an average annual 68%.

Fragrances retailer Rituals (2448 new jobs and growth rate 44%), which was the fastest-growing last year, was second on the list, followed by online and physical stores retailer Coolblue (2,040 and 50%). The 250 companies in the Rotterdam list created a combined 32,000 new jobs.

The Rotterdam report said there were 3,237 scale-up companies in the Netherlands last year, a 5.3% increase over 2016. Importantly, the number of start-ups becoming scale-ups soared by 220%. Most of the scale-ups are in the energy, high-tech, life sciences and health sectors.

A scale-up is one step higher than a start-up. Generally a  scale-up has had an average annual return of at least 20% in the past three years and at least 10 employees.

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