Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Xetra  >  Delivery Hero SE    DHER   DE000A2E4K43

DELIVERY HERO SE

(DHER)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Delivery Hero : launches online food delivery and quick commerce in Japan under its brand foodpanda

share with twitter share with LinkedIn share with facebook
09/17/2020 | 12:15pm EDT
Delivery Hero launches online food delivery and quick commerce in Japan under its brand foodpanda

17 Sep 2020

by Melanie Bochmann

  • Delivery Hero launches operations in Japan under its brand foodpanda, further expanding its leadership position in Asia
  • The initial roll-out includes six cities with plans to keep expanding the footprint continuously
  • The offering will include both online food delivery and quick commerce, bringing groceries and household products to customers within record speed

Berlin, 17 September 2020 - Delivery Hero SE ('Delivery Hero'), the world's leading local delivery platform, is launching operations in Japan, further expanding its leadership position in Asia. Delivery Hero's regional brand foodpanda will roll-out its service to six inaugural cities - Kobe, Yokohama, Nagoya, Sapporo, Fukuoka, and Hiroshima - with plans to keep expanding its footprint in Japan continuously. Beyond ordering food, foodpanda will also launch quick commerce locally, where customers will be able to get household products, including groceries, delivered to their doorstep within record speed.

Niklas Östberg, CEO and Co-Founder of Delivery Hero, said:

'By entering the Japanese market, we reinforce our commitment to strengthening our position in Asia. Following the successful launches in Cambodia, Laos, and Myanmar at the end of 2019, we are now excited to bring a delivery service that is focused on choice, speed, safety and convenience to Japan. The Japanese market offers a lot of potential for future growth, and we are looking forward to bringing amazing experiences to our new customers.'

Being the world's third-largest economy, Japan holds huge potential for online delivery. A recent study from Statista predicts that the Japanese online food delivery segment will experience a revenue growth of 23.6% in 2020, a spike from the 14.4% seen in 2019. Since this potential is still largely untapped, Delivery Hero is confident about its ability to gain a strong position in the market.

Eric Wei, CEO of foodpanda Japan, said:

'We are extremely excited to launch in Japan. This is a market we have long admired, and the expansion is an important step in making food and grocery delivery accessible to everyone in Asia, offering greater choice, speed and convenience to local consumers and business partners.'

ABOUT DELIVERY HERO
Delivery Hero has a strong presence in 39 out of 45 countries in which it is operating across Europe, Latin America, Asia, the Middle East and North Africa. Delivery Hero also operates its own delivery service primarily in over 600 cities around the globe. Headquartered in Berlin, Germany, the company group has more than 27,000 employees. Delivery Hero is listed on the Frankfurt stock exchange and became part of the leading index DAX (Deutscher Aktienindex) in 2020. For more information, please visit www.deliveryhero.com

ABOUT FOODPANDA
foodpanda is a leading food delivery platform in Asia Pacific dedicated to bringing consumers a wide range of food, groceries and more, quickly and conveniently. foodpanda operates in more than 300 cities across 12 markets in Asia Pacific - Singapore, Hong Kong, Thailand, Malaysia, Pakistan, Taiwan, Philippines, Bangladesh, Laos, Cambodia, Myanmar, and Japan. foodpanda is a subsidiary of Delivery Hero. For more information visit www.foodpanda.com

PRESS CONTACT
Melanie Bochmann
Senior Manager, Strategic Communications
moc.orehyrevilednull@nnamhcob.einalem

Share

Disclaimer

Delivery Hero SE published this content on 17 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 September 2020 15:14:01 UTC


share with twitter share with LinkedIn share with facebook
All news about DELIVERY HERO SE
02:39aNestle buys U.S. meal delivery group Freshly
RE
10/30Prosus Launches $5 Billion Buyback in Bid to Close Tencent Value Gap -- Updat..
DJ
10/29DELIVERY HERO : Independant Research sticks Neutral
MD
10/29DELIVERY HERO : Credit Suisse reiterates its Buy rating
MD
10/29DELIVERY HERO : Berenberg keeps its Buy rating
MD
10/29DELIVERY HERO : Buy rating from Barclays
MD
10/28DELIVERY HERO : Kepler Cheuvreux reiterates its Buy rating
MD
10/28EUROPE A SEA OF RED : German shares plunge up to 5% on emergency lockdown
RE
10/28DELIVERY HERO : Gets a Buy rating from Jefferies
MD
10/28EUROPE : European stocks tumble on new lockdown fears
RE
More news
Financials
Sales 2020 2 593 M 3 019 M 3 019 M
Net income 2020 -827 M -963 M -963 M
Net Debt 2020 395 M 460 M 460 M
P/E ratio 2020 -26,5x
Yield 2020 -
Capitalization 19 672 M 22 925 M 22 908 M
EV / Sales 2020 7,74x
EV / Sales 2021 4,95x
Nbr of Employees 27 071
Free-Float 77,8%
Chart DELIVERY HERO SE
Duration : Period :
Delivery Hero SE Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends DELIVERY HERO SE
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 15
Average target price 115,14 €
Last Close Price 98,78 €
Spread / Highest target 36,7%
Spread / Average Target 16,6%
Spread / Lowest Target -5,85%
EPS Revisions
Managers
NameTitle
L. Niklas Östberg Chief Executive Officer
Martin Karl Enderle Chairman-Supervisory Board
Pieter-Jan Vandepitte Chief Operating Officer
Emmanuel Thomassin Chief Financial Officer
Christian Graf von Hardenberg Chief Technology Officer
Sector and Competitors
1st jan.Capitalization (M$)
DELIVERY HERO SE39.99%22 925
TENCENT HOLDINGS LIMITED57.35%725 055
NETFLIX, INC.47.03%210 180
PROSUS N.V.24.55%162 759
NASPERS LIMITED38.00%83 534
UBER TECHNOLOGIES, INC.12.34%59 694