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Top related persons:
Niklas Oestberg - 2 Andreas Harte - 1 Foodora - 1 Fabrizio Bensch - 1 Rachel More - 1 Andrey Sychev - 1 Matthias Williams - 1 Kirsten Donovan - 1
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Berlin Asia Thailand Germany Singapore Cambodia Laos Malaysia
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Thomson - 2 REUTERS - 1 Rights - 1

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2 mentions found


☆ Delivery Hero confirms talks on partial sale of Asian business
  + stars: | 2023-09-20 | 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 Acquire Licensing RightsBERLIN, Sept 20 (Reuters) - Delivery Hero (DHER.DE) confirmed talks on a partial sale of its Asia business on Wednesday, adding that the deal's value is still under negotiation. Delivery Hero has been focusing on reaching profitability while maintaining growth as investor confidence in the company started to wane after a pandemic-driven boost. Grab makes most of its sales from its food delivery business and has recently seen strong growth in its ride-share business.
Persons: Andreas Harte, Foodora, Fabrizio Bensch, Niklas Oestberg, Rachel More, Andrey Sychev, Matthias Williams, Kirsten Donovan Organizations: REUTERS, Rights, Thomson Locations: Berlin, Germany, Asia, Singapore, Cambodia, Laos, Malaysia, Myanmar, Philippines, Thailand
☆ 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
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