Delivery Hero - Food Delivery Service Provider Benefits From Prospect of Revitalization of Consumer Demand!

Business drivers: Delivery Hero has recently been suffering from a still subdued consumer demand as one of the leading players in the megamarket for food delivery services. With cost-cutting measures and the sale of peripheral areas, the company has successfully countered these challenges, which has also positively impacted the group's financial results. In the first quarter, there was a 9% increase in the gross merchandise value (GMV) alongside a significant rise in adjusted EBITDA from €253.6 million to €692.5 million. Recently, Delivery...