Delivery Hero raises full-year guidance on strong third quarter growth
FROM THE WIRE · FINANCE.YAHOO.COM
Investing.com -- Delivery Hero raised its full-year guidance across all metrics after reporting third-quarter gross merchandise value (GMV) of €13.9 billion, up 13.6% YoY on a like-for-like basis, accelerating from 11.3% growth in the second quarter. Revenue rose 22% YoY to €4.3…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishGuidance raised across all metrics is a positive signal for the stock in the food delivery sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Third quarter GMV rose 13.6% year on year like-for-like to 13.9 billion euros.
- 02Revenue increased 22% year on year to 4.3 billion euros.
- 03Quick commerce accelerated with GMV growth of 39% year on year.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets