Delivery Hero has significantly accelerated its growth in the second quarter of 2019. Accordingly, revenue increased by 103% on a constant currency basis compared to the same period of the previous year.
For the first time, the Delivery Hero group hits the milestone of processing 2 million orders in a single day.
BIO- LUTIONS produces sustainable packaging and disposable tableware made from agricultural residues.
Delivery Hero has sustained its strong growth through successful deployment of investments, expansion of leadership and delivery capabilities. In Q1 2019, revenue grew by 93% year-on-year on a constant currency basis.
The acquisition will add c. 1.2 MM monthly orders and c. USD 2 MM monthly revenue to Delivery Hero’s MENA business and will strengthen its leadership position in the UAE.