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Top related persons:
Britain's Deliveroo - 2 Niklas Östberg - 1 CCOO - 1 Getir - 1 Le Monde - 1 Flink - 1 David Latona - 1 Sudip Kar - 1
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Berlin Indonesia MADRID Spain Netherlands Getir Spain France Getir France
Top related orgs:
Noah - 1 Analysts - 1 Getir - 1 Financial Times - 1 Thomson - 1

Search resuls for: "Britain's Deliveroo"


3 mentions found


☆ Delivery Hero says it hit 2023 sales growth targets in early results after 26% stock plunge
  + stars: | 2024-02-05 | by ( Ryan Browne | ) www.cnbc.com   time to read: +3 min
Delivery Hero CEO Niklas Östberg speaking at the Noah tech conference in Berlin on June 13, 2019. Delivery Hero said the results were driven by healthy order growth in many of its geographies. Most notably, Delivery Hero also gave some rosy guidance for 2024, with the delivery company forecasting group GMV growth of 7-9% for the year, higher than its performance in 2023. Delivery Hero said it would publish additional preliminary numbers for the fourth quarter in a trading update slated for Feb. 14, when it was originally due to report numbers. Delivery Hero is one of the largest food delivery services globally with more 2.2 billion users.
Persons: Niklas Östberg, Britain's Deliveroo Organizations: Noah, Analysts Locations: Berlin, Indonesia
☆ Turkish food delivery startup Getir to leave Spain, union says
  + stars: | 2023-06-30 | by ( ) www.reuters.com   time to read: +2 min
MADRID, June 30 (Reuters) - Turkish delivery startup Getir will cease its business in Spain and lay off its entire workforce there of 1,560 after failing to raise enough capital in a recent funding round, Spain's biggest trade union CCOO said on Friday. "We condemn the disastrous business management of Getir, which has not known how to grow or have a market strategy in Spain," the union said in a statement. Spain's food delivery market is dominated by Delivery Hero (DHER.DE)-owned Glovo, the Netherlands' Just Eat Takeaway (TKWY.AS) and Uber Eats (UBER.N), all three of which gained market share after Britain's Deliveroo (ROO.L) exited the country in late 2021. Getir Spain did not immediately reply to a request for comment. However, in an April deal, Getir reportedly only raised about $500 million, cutting its valuation almost in half to $6.5 billion.
Persons: CCOO, Britain's Deliveroo, Getir, Le Monde, Flink, David Latona, Sudip Kar, Gupta, Louise Heavens Organizations: Getir, Financial Times, Thomson Locations: MADRID, Spain, Netherlands, Getir Spain, France, Getir France, Istanbul, Getir, Paris
☆ Analysis: European food delivery shapes up with Getir's Gorillas buy
  + stars: | 2022-12-11 | by ( ) www.reuters.com   time to read: +6 min
QUICK COMMERCEThe Gorillas acquisition makes Getir Europe's largest quick commerce company. LESS CAPITAL, FEWER COUPONSMore than a dozen smaller European quick commerce companies failed or were acquired since mid-2021. While profits may still be distant for the privately-held quick commerce companies, Europe's listed meal delivery companies have all set formal targets for earnings before interest, taxes, depreciation and amortisation (EBITDA). Shares in the European delivery companies are down around 60% from a year ago, but have traded sideways since June. So to "all the naysayers saying 'quick commerce is over - No.
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