Business StrategyThe Europe platform, which includes Glovo, achieved positive adjusted EBITDA due to improving unit economics and operating leverage paired with strict cost control.
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 ImpactThe IPO of Talabat has the potential to highlight the deep value of Delivery Hero equity.