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Delivery Hero reports GMV growth and updates annual forecast
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Delivery Hero reports GMV growth and updates annual forecast
Nov 9, 2024 11:51 AM

Nov 7(Reuters) - Germany's Delivery Hero

revised upward its annual forecast on Thursday after gross

merchandise value (GMV), a common metric for delivery firms

measuring the total value of all goods sold, grew 9%

year-on-year in the third quarter.

The online takeaway food company now expects full-year GMV

growth to land at the upper end of its 7%-9% guidance.

It, however, expects adjusted core earnings to come at the

lower end of its 725 million-775 million euros ($779.09

million-$832.82 million) guidance.

($1 = 0.9306 euros)

(Reporting by Paolo Laudani and Bernadette Hogg; Editing by

Subhranshu Sahu)

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