The food-delivery company, which recently agreed to buy South Korea's top food delivery app owner Woowa Brothers for $4 billion (£3.1 billion), cited estimated segment revenues of 2.4 to 2.6 billion euros for the next full-year.

It also said it expects its adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) margin to be between negative 14% and negative 18% in 2020, seeing a net adjusted impact of negative EUR 200 million from investments.

(Reported by Sarah Morland; Editing by Shri Navaratnam)