Delivery Hero Q1 GMV Growth Beats Market Estimates
The German delivery firm reported an 8.8 percent rise in gross merchandise value to 12.5 billion euros in the first quarter. This beat analyst expectations.
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DELIVERY HERO SE grew its first-quarter gross merchandise value (GMV) 8.8% to 12.5 billion euros ($14.6 billion). The result exceeded the 12.26 billion euro average estimate from a poll of analysts. Stronger takeaway demand in Germany and global markets suggests the delivery sector's growth remains resilient.
