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05/12/2021

Delivery Hero to launch operations in Berlin and expand across Germany later this year

DGAP-News: Delivery Hero to launch operations in Berlin and expand across Germany later this year

DGAP-News: Delivery Hero SE / Key word(s): Market launch/Expansion
12.05.2021 / 07:00
The issuer is solely responsible for the content of this announcement.

  • Delivery Hero will bring its mission to deliver anything locally to the streets of Berlin, soft-launching this summer before expanding to other cities in Germany by the end of the year
  • Delivery Hero is planning to beta-test the service in June to gradually scale up, launching officially on August 10th
  • Under its foodpanda brand, the Delivery Hero Group will start by entering the German capital with its full platform offering, having the ambition to deliver food and quick commerce items as fast as 7 minutes - all in one single app
  • Hiring for foodpanda Germany has started, giving top talent the opportunity to join a startup within the Delivery Hero scaleup

Berlin, 12 May 2021 - Delivery Hero SE ("Delivery Hero"), the world's leading local delivery platform, today announced plans to re-enter the German market under its brand foodpanda. Seeing a great opportunity due to evolved customer demands and an under-penetrated market, Delivery Hero believes in the potential that Germany has to offer. foodpanda already operates in more than ten countries across Europe and Asia, and will bring its signature pink deliveries to the streets of Berlin later this summer. foodpanda is first starting with a soft launch in the center of Berlin in June, and plans to expand operations to more German cities after an official launch on August 10th.

Niklas Östberg, CEO and Co-Founder of Delivery Hero, said: "In recent years, we have seen a positive change in customer demand with a clear opportunity to bring back our superior service to the German market. Using Delivery Hero's global expertise to match the evolved need for speed, convenience and choice, we are ready to deliver an amazing experience to all Berliners and shape the German delivery industry for good together with the full delivery ecosystem - riders, restaurants, local shops and customers."

Shaping the German delivery industry and driving quick commerce
By August, Delivery Hero will officially enter the German delivery scene with its full platform offering: from restaurant food to quick commerce, including Dmarts (small warehouses in the city center) and local shops. Through the foodpanda app, Delivery Hero intends to connect online customers to a wide and diverse selection of dishes and restaurants, making sure that they can enjoy an amazing delivery experience from the comfort of their homes. In order to fulfill its mission to deliver anything locally, the company will also roll out its quick commerce operations and establish partnerships with local stores. Furthermore, Delivery Hero will be opening its own Dmarts with the goal to deliver groceries and convenience items in as fast as 7 minutes. The Group also plans to launch cloud kitchens and restaurant concepts.

Artur Schreiber, CEO of foodpanda Germany, said: "We have always kept an eye on Germany and see tremendous opportunities to improve the customer experience. Based on what we develop for customers in other countries, we know that our product offering is exceptional. We are therefore convinced that we can add value to the full ecosystem. We will now focus on building our German operations from scratch on the back of a powerful and well-established platform, creating new business opportunities for shops and restaurants."

Having a positive impact on the local ecosystem
Delivery Hero is dedicated to fostering sustainable relationships with all partners in its community and is looking to use its platform to have a positive impact on society at large. The Group wants to create more business opportunities for restaurants and vendor partners in Germany. By running the logistics via a sizable fleet of couriers, local partners are provided with an advanced infrastructure that enables them to focus on their core capabilities. For local shops, Delivery Hero acts as a true digital partner, making it possible to access both offline and online customers. As always, Delivery Hero wants to make sure that all riders work under fair and safe conditions, while having a continuous dialogue of how to best serve their interests in terms of flexibility, compensation and the access to work.

ABOUT DELIVERY HERO
Delivery Hero is the world's leading local delivery platform, operating its service in more than 50 countries across Asia, Europe, Latin America, the Middle East and North Africa. The company started as a food delivery service in 2011 and today runs its own delivery platform on four continents. Additionally, Delivery Hero is pioneering quick commerce, the next generation of e-commerce, aiming to bring groceries and household goods to customers in under one hour and often in 10-15 minutes. Headquartered in Berlin, Germany, Delivery Hero is listed on the Frankfurt stock exchange since 2017, and became part of the leading index DAX (Deutscher Aktienindex) in 2020. For more information, please visit www.deliveryhero.com

MEDIA CONTACT
Chloé Gamache
Senior Specialist, Communications
+49 1719369681
press@deliveryhero.com

INVESTOR RELATIONS CONTACT
Daniel Fard-Yazdani
VP, Head of Investor Relations
+49 170 56 35 160
ir@deliveryhero.com

DISCLAIMER
This release may contain forward looking statements, estimates, opinions and projections with respect to anticipated future performance of Delivery Hero SE ("forward-looking statements"). These forward-looking statements can be identified by the use of forward-looking terminology, including the terms "believes," "estimates," "anticipates," "expects," "intends," "may," "will" or "should" or, in each case, their negative, or other variations or comparable terminology. These forward-looking statements include all matters that are not historical facts. Forward-looking statements are based on the current views, expectations and assumptions of the management of Delivery Hero SE and involve significant known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Forward-looking statements should not be read as guarantees of future performance or results and will not necessarily be accurate indications of whether or not such results will be achieved. Any forward-looking statements included herein only speak as at the date of this release. We undertake no obligation, and do not expect to publicly update, or publicly revise, any of the information, forward-looking statements or the conclusions contained herein or to reflect new events or circumstances or to correct any inaccuracies which may become apparent subsequent to the date hereof, whether as a result of new information, future events or otherwise. We accept no liability whatsoever in respect of the achievement of such forward-looking statements and assumptions.



12.05.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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