Delivery Hero 3Q Revenue, Orders Jumped
11 November 2021 - 8:19AM
Dow Jones News
By Cristina Roca
Delivery Hero SE said Thursday that revenue and orders for the
third quarter jumped, and raised its 2021 revenue guidance.
The Berlin-based food-delivery company said revenue for the
quarter was 1.79 billion euros ($2.06 billion), an 89% jump from
the same period the previous year.
The company's gross merchandise value--GMV--for the period rose
65% to EUR9.56 billion, while orders rose 52% to 791.4 million
units. The company said it grew significantly faster than listed
competitors.
Delivery Hero said that on the back of these results, it now
expects its revenue and GMV for the year to be at the upper end of
its previously announced range.
It now sees 2021 revenue at the upper end of a EUR6.4
billion-EUR6.7 billion range, and GMV at the upper end of a EUR33
billion-EUR35 billion range.
Write to Cristina Roca at cristina.roca@wsj.com
(END) Dow Jones Newswires
November 11, 2021 02:04 ET (07:04 GMT)
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