Shares of two online food delivery companies are expected to soar by 120% over the next 12 months, according to RBC Capital. The investment bank said that Delivery Hero and Just Eat Takeaway.com are making significant strides in the industry, despite facing a few challenges. DHER-DE 5Y line The RBC analysts compared the delivery services of major food delivery players in Delivery Hero's and Just Eat Takeaway.com's primary markets, including countries like the U.K., Germany, Spain, the United States, and South Korea. Despite these extra costs, the service remains attractive in the Middle East and North Africa, where Delivery Hero holds a leading position. RBC also believes that Delivery Hero and Just Eat Takeaway.com can further bolster profitability by improving gross margins.

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Persons: Wassachon Udomsilpa, Richard Chamberlain Organizations: RBC Capital, RBC Locations: Berlin, Amsterdam, Germany, Spain, United States, South Korea, U.S, East, North Africa, Turkey