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In this news category you will find information from and about companies, organizations, institutions, products of all kinds and in a broad spectrum. To get a quick overview of current trends and developments, it's worth visiting daily.
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Fri, 22.07.2022
Delivery Hero SE
Delivery Hero today published preliminary results for Q2 2022, highlighting a successful quarter despite easing of COVID restrictions
The Company’s Platform business[1] is at adjusted EBITDA-break-even in May and June 2022
After successfully closing the Glovo transaction, Delivery Hero today also shared details on Glovo’s preliminary H1 2022 busi [ … ]
Mon, 04.07.2022
Delivery Hero SE
Delivery Hero has taken all actions to close the transaction in regards to becoming the majority shareholder of Glovoapp23, S.A.
With Glovo’s footprint, Delivery Hero will serve up to 2.2 billion people in 74 countries
Delivery Hero plans to provide more detailed information on Glovo's H1 2022 business performance in the following weeks after the [ … ]
Mon, 04.07.2022
Delivery Hero SE
Delivery Hero has taken all actions to close the transaction in regards to becoming the majority shareholder of Glovoapp23, S.A.
With Glovo’s footprint, Delivery Hero will serve up to 2.2 billion people in 74 countries
Delivery Hero plans to provide more detailed information on Glovo's H1 2022 business performance in the following weeks after the [ … ]
Thu, 28.04.2022
Delivery Hero SE
The Company confirms previous guidance to generate a positive adjusted EBITDA for its Platform business in FY 2022, and is on a clear path towards break-even (including Glovo) for the entire Group in FY 2023
Delivery Hero's Gross Merchandise Value (GMV) increased 31% YoY at EUR 10.1 billion, and Total Segment Revenue grew 52% YoY at EUR 2.1 billio [ … ]
Fri, 08.04.2022
Delivery Hero SE
Successful allocation and pricing of debut Term Loan B financing
Further diversification of the capital structure through USD and EUR Term Loans and RCF
Creation of a substantial additional liquidity buffer and financial flexibility
Berlin, 8 April 2022 - Delivery Hero SE ("Delivery Hero" or the "Company"), the world's leading local delivery plat [ … ]
Mon, 04.04.2022
Delivery Hero SE
Delivery Hero launches a term loan transaction, bolstering the Company's strong liquidity position for the long-term
The transaction comprises of a USD 825 million term facility, a EUR 300 million term facility and a EUR 375 million revolving credit facility
Delivery Hero updates the adjusted EBITDA outlook for FY 2022
Furthermore, Delivery Hero [ … ]
Thu, 10.02.2022
Delivery Hero SE
Delivery Hero reports continued growth in Q4 2021, generating EUR 9.6 billion GMV (+39% YoY) and hitting EUR 1.9 billion total segment revenue (+66% YoY)
With a record of 213 new Dmart openings in Q4, Delivery Hero operated more than 1,000 warehouses globally by the end of 2021
Looking at FY 2022, the company expects to achieve adjusted EBITDA br [ … ]
Mon, 10.01.2022
Delivery Hero SE
Delivery Hero anticipates its food delivery business to reach adjusted EBITDA break-even during the second half of 2022
Additionally, Delivery Hero publishes a Flash Update to provide more context on becoming the majority shareholder of Glovo
Having a strong presence in 25 countries, Glovo has a run-rate of approximately EUR 3.8 billion in GTV[1] [ … ]
Fri, 31.12.2021
Delivery Hero SE
Delivery Hero and a number of Glovo shareholders signed an agreement today, whereby Delivery Hero will reach a majority stake in Glovo
Having built a superior multi-category offering, Glovo holds leading positions in 16 of its 25 markets, accounting for more than 70% of its GTV, and has a run-rate of approximately EUR 3 billion in GTV with an annu [ … ]
Wed, 22.12.2021
Delivery Hero SE
foodpanda Germany will exit six German cities including Cologne, Düsseldorf, Frankfurt, Hamburg, Munich and Stuttgart, while an innovation hub will remain in central Berlin and concentrate on piloting new product features and technologies
Additionally, Delivery Hero plans to divest foodpanda Japan in Q1 2022
These decisions allow Delivery Hero to [ … ]