CEO reveals how $4.3B revenue growth masks hidden currency crisis
Key Points
- Delivery Hero reported €3.7 billion in revenue with a 27% gr...
Delivery Hero just served up a financial meal that's equal parts delicious and concerning. The food delivery giant posted €3.7 billion ($4.3 billion) in revenue with a tasty 27% growth rate that beat analyst expectations - but like finding out your favorite restaurant uses frozen vegetables, the details tell a different story.
When Currencies Play Food Fight
CEO Niklas Oestberg must feel like he's running a restaurant where the menu prices keep changing mid-order. Despite crushing revenue targets, Delivery Hero had to downgrade their full-year profit outlook because the euro decided to f...
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