We want to contribute to stable economic, social and ecological conditions for present and future generations.
25 Apr 2024 |
Annual Report 2023
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25 Apr 2024 |
Q1 2024 Trading Update / Quarterly Statement
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Business based on stable customer cohorts generating higher GMV over time. Newly acquired cohorts generate higher GMV than previous cohorts.
Food, groceries and quick commerce offer long-term GMV potential of >€ 200bn.
Footprint serves more than 2bn people around the world and approx. 90% of Group GMV is generated from #1 countries.1
1 Based on management estimates
Attractive mix of Food Delivery, Quick Commerce and Deliver Anything strengthens our ecosystem while raising market entry barriers.
Expect to generate high margin advertising revenues of more than € 2.0bn by FY 2024/25. Long-term ad revenues should account for 3‑5% of Group GMV.
Plan to generate >0.5% of adj. EBITDA/GMV margin for FY 2023 on Group level. Long-term target adj. EBITDA/GMV margin of 5‑8%. FCF break-even expected during H2 2023.
We want to contribute to stable economic, social and ecological conditions for present and future generations.
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