Financial PerformanceDelivery Hero reported 3Q results with GMV +9% YoY and revenues +24% YoY, with expectations for GMV and revenues to reach the top end of the FY guidance range.
IPO And Market PotentialThe IPO of talabat was a major milestone for Delivery Hero, showcasing potential value within the Group.
Operational ImprovementsThe Europe platform, which includes Glovo, achieved positive adjusted EBITDA due to improving unit economics and operating leverage paired with strict cost control.