Delivery Hero grows revenue by 77% for the full year 2018
Delivery Hero Group ("Delivery Hero"), one of the leading global online food ordering and delivery marketplaces, accelerated growth in the fourth quarter. In the financial year 2018 revenue grew by 77% year-on-year on a constant currency basis excluding Germany and accounting for hyperinflation in Argentina.
Niklas Östberg, CEO of Delivery Hero, said:
"2018 has been another successful year for Delivery Hero. Our focus on the customer experience, the launch of many new initiatives like the roll out of delivery and multi-vertical products, the expansion into new cities and suburbs combined with our M&A strategy to focus our resources on the largest opportunities are all delivering results. Today 80% of our GMV comes from countries in which we hold leadership positions. We are more confident than ever that our investments will allow us to attract millions of new customers to our platform. I am very excited about the incredible growth opportunities that lie ahead of us."
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