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Top related persons:
Emmanuel Thomassin - 2 Andreas Harte - 1 Foodora - 1 Fabrizio Bensch - 1 Ozan Ergenay - 1 Michal Aleksandrowicz - 1 Milla Nissi - 1 Niklas Oestberg - 1
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Berlin Asia Gdansk Germany Frankfurt Pacific South Korea Vietnam
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Thomson - 2 REUTERS - 1

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☆ Delivery Hero slightly lifts annual GMV outlook
  + stars: | 2023-11-14 | by ( ) www.reuters.com   time to read: +2 min
[1/2] Andreas Harte, a Foodora delivery cyclist poses in front of Delivery Hero headquarters in Berlin, Germany, June 2, 2017. Foodora is part of the Berlin-based company Delivery Hero, one of Europe's largest internet start-ups. REUTERS/Fabrizio Bensch/File Photo Acquire Licensing RightsNov 14 (Reuters) - German online takeaway food company Delivery Hero (DHER.DE) slightly raised its full-year outlook on Tuesday after reporting a better-than-expected gross merchandise value (GMV) for the third quarter. The Berlin-based company now sees 2023 GMV growth at the upper end of its previous forecast range of 5-7% in constant currency terms. Delivery Hero, which reports earnings numbers only on a half-year and annual basis, said its key Asia-Pacific business reached a positive adjusted EBITDA before group costs in the month of October.
Persons: Andreas Harte, Foodora, Fabrizio Bensch, Emmanuel Thomassin, Ozan Ergenay, Michal Aleksandrowicz, Milla Nissi Organizations: REUTERS, Thomson Locations: Berlin, Germany, Frankfurt, Asia, Pacific, Gdansk
☆ Germany's Delivery Hero hikes 2023 revenue outlook, eyes investments
  + stars: | 2023-08-09 | by ( Linda Pasquini Anna Mackenzie | Linda Pasquini | Anna Mackenzie | ) www.reuters.com   time to read: +3 min
The Berlin-based company expects total segment revenue to grow around 15% this year, compared with its previous guidance for growth of around 10% in constant currency terms. The company confirmed its outlook for adjusted core profit (EBITDA) margin on gross merchandise value (GMV) of over 0.5% for the year. Revenue rose 16% in constant currency to 2.58 billion euros in the second quarter, slightly above a consensus estimate of 2.50 billion euros. Overall GMV increased 8% in constant currency to 11.08 billion euros in the quarter, exceeding analysts' estimate of 10.96 billion euros. The group's Asia segment, including its core market South Korea, returned to positive GMV growth of 2% in constant currency.
Persons: Emmanuel Thomassin, Niklas Oestberg, Linda Pasquini, Anna Mackenzie, Himani Sarkar, Conor Humphries, Jonathan Oatis Organizations: Thomson Locations: Asia, Berlin, South Korea, Vietnam, Thailand, Korea, Gdansk
☆ Delivery Hero forecasts 2023 GMV growth of 5-7%
  + stars: | 2023-04-27 | by ( ) www.reuters.com   time to read: +1 min
April 27 (Reuters) - German online takeaway food company Delivery Hero (DHER.DE) on Thursday forecast single-digit percentage growth in 2023 gross merchandise value (GMV), citing a "promising start" to the second quarter and expecting an acceleration in growth throughout the year. The Berlin-based company expects its GMV to grow between 5% and 7% in constant currency this year. After a pandemic-driven boost to growth, Delivery Hero has focused on reaching long-awaited profitability as investor confidence in the rapidly expanding but mostly unprofitable sector started to wane. It reported a GMV of 11.2 billion euros ($12.39 billion) for the first quarter, up 2.1% in constant currency and in line with analysts' estimate in a company-compiled consensus. ($1 = 0.9042 euros)Reporting by Anna Mackenzie and Linda Pasquini in Gdansk; Editing by Milla NissiOur Standards: The Thomson Reuters Trust Principles.
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