Delivery Hero lifts full-year GMV forecast again
In short
Delivery Hero raised its full-year GMV forecast to 10%-12% growth, up from 9%-11%. The update followed strong third-quarter growth, according to the report.
This matters because GMV is a key measure for delivery companies and investors. The story does not give the exact Q3 numbers or say whether profit also improved.
What the reporting says
Delivery Hero raised its full-year gross merchandise value forecast to 10%-12% growth, from a previous range of 9%-11%, after strong third-quarter growth. The company said the change reflects better trading momentum in its delivery marketplace. The immediate consequence is a higher outlook for the year; the reporting does not provide the exact Q3 figures or details on profit.
Why it matters
Delivery Hero increased its full-year GMV outlook to 10%-12% growth from 9%-11% after strong third-quarter performance. GMV tracks the total value of goods sold through the marketplace, so the higher forecast points to firmer demand or activity on the platform. The available reporting does not include the quarter’s exact figures or any profit guidance.