Delivery Hero (DHER.DE)
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Delivery Hero (FWB: DHER) is an online local food ordering and delivery service. Based in Berlin, Germany, the company started in 2011 and currently operates in around 50 countries in Europe, the Middle East, North Africa and Asia, with about two-thirds of its business coming from Asia. Delivery Hero pioneers what it calls "quick commerce," aiming to deliver groceries and other household items to customers' doors in less than an hour, often in less than 15 minutes.[1]
In the first half of 2021, Delivery Hero processed 1.4 billion orders, up 83% from 760 million in the comparable 2020 period. Gross merchandise volume rose 78% to €16.2 billion from €9.1 billion, while revenue increased 109% to €2.9 billion from €1.4 billion. For the first half of 2021, the company reported EBITDA (earnings before interest, taxes, depreciation and amortization) of negative €332.3 million, versus a negative €323.5 million in the first half of 2020.[1]
| Retrieved 12 Nov 2021 https://ir.deliveryhero.com/websites/delivery/English/6150/news-detail.html |
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