Delivery Hero reports Q2 revenue growth slightly above expectations

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Total segment revenue grew 27% on a like-for-like basis to 3.7 billion euros ($4.3 billion) in the second quarter, the company said, above analysts’ estimate of 3.5 billion euros in a company-provided poll.

Image for Delivery Hero reports Q2 revenue growth slightly above expectationsReuters
German online takeaway food company Delivery Hero reported a slightly better-than-expected revenue growth for the second quarter on Thursday, citing stronger growth across several markets and an accelerated roll-out of its own delivery network in South Korea.

Total segment revenue grew 27% on a like-for-like basis to 3.7 billion euros…



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Delivery Hero reports Q2 revenue growth slightly above expectations


Synopsis

Total segment revenue grew 27% on a like-for-like basis to 3.7 billion euros ($4.3 billion) in the second quarter, the company said, above analysts’ estimate of 3.5 billion euros in a company-provided poll.

Image for Delivery Hero reports Q2 revenue growth slightly above expectationsReuters
German online takeaway food company Delivery Hero reported a slightly better-than-expected revenue growth for the second quarter on Thursday, citing stronger growth across several markets and an accelerated roll-out of its own delivery network in South Korea.

Total segment revenue grew 27% on a like-for-like basis to 3.7 billion euros…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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