Be informed,


be invested.

08/12/2021

Delivery Hero’s Turkish brand Yemeksepeti launches Mahalle platform and acquires Marketyo to drive quick commerce

Press release: Delivery Hero’s Turkish brand Yemeksepeti launches Mahalle platform and acquires Marketyo to drive quick commerce

Berlin, 12 August 2021 – Delivery Hero SE (“Delivery Hero”), the world’s leading local delivery platform, today announces that Yemeksepeti, its subsidiary in Turkey, is launching Mahalle, a quick commerce platform aiming to deliver anything from local stores at record speed. As part of the Mahalle launch, Yemeksepeti acquires Marketyo, an online shop platform providing local supermarkets with the opportunity to move their business online, significantly expanding their customer base and adding a robust stream of additional revenue.

Niklas Östberg, CEO and Co-Founder of Delivery Hero, said: “As the world’s leading local delivery platform, we see ourselves as partners to our communities. In an increasingly digitized industry, it is our priority to support local shop owners - particularly in the challenging times we have seen in the past year. Both Yemeksepeti and Marketyo set a great example of how we can bring local support to the next level, combining the strengths of our digital platform and the incredible variety that physical stores have to offer. I’m confident that this is only the beginning of the quick commerce revolution.”

Marketyo operates in 60 cities all over Turkey, with a wide network of local supermarkets, a solid digital infrastructure and strong talent pool. Through this partnership, Marketyo’s member stores will add a tremendous selection of products, complementary to Yemeksepeti’s local offering.

Özer Fırat, CEO of Marketyo, said: “Throughout the years, Marketyo has welcomed a plethora of local supermarkets to its platform. Today, we are more than excited to further expand our scope and reach with the support of Yemeksepeti. We are convinced that our goal to digitize small local businesses will greatly benefit from the company’s know-how and resources. With this in mind, we want to thank Yemeksepeti for creating a success story that will positively influence the full Turkish ecosystem.”

INVESTOR RELATIONS CONTACT
Christoph Bast
Director, Investor Relations
+49 160 30 13 435
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.