Delivery Hero SE

DELIVERY HERO SE was founded in 2011 by Niklas Östberg, and is headquartered in Berlin. This online food ordering and delivering business is focused on variety, convenience, reliability, and quality. Orders and payments are placed online and restaurants are peer-reviewed. With over 290,000 restaurants, it is currently the largest food network in the world, receiving over 1,000 orders every single minute. Delivery Hero employs over 19,000 people, 1,000 of these in its Berlin HA alone, and operates in 39 markets across 5 continents. In 2018, the company sold its German food delivery businesses to Takeaway.com for a total consideration of c. €930 million made up of cash and shares. On June 30th, 2017, Delivery Hero announced its initial IPO. In Q1 of fiscal 2019, the company reported that revenue grew by 93% to €267 million year on year and orders grew by 55% to 125 million. The company has managed to sustain its strong growth through successful investments and the expansion of its leadership team, as well as by offering new delivery capabilities. Add the Delivery Hero instrument to your watchlist and get the latest updates on DHER.DE price movements.