Delivery Hero SE: Experts Confirm Their Ratings Following Strong Quarterly Results

Delivery Hero presented its third-quarter report on November 13. The gross merchandise value (GMV) increased by 7% compared to the same period last year (like-for-like basis) to €12.2 billion, while total segment revenue grew by 22% to €3.7 billion on a like-for-like basis. The revenue growth was primarily driven by the expansion of its own delivery logistics, the AdTech business, integrated verticals, and subscription programs. The gross margin widened by 40 basis points year-on-year to 8.0%, which, along with cost discipline, led to an improvement...