(Reuters) – German online takeaway food company Delivery Hero slightly raised its full-year outlook on Tuesday after reporting a better-than-expected gross merchandise value (GMV) for the third quarter.
The Berlin-based company now sees 2023 GMV growth at the upper end of its previous forecast range of 5-7% in constant currency terms.
The group generated a quarterly GMV, a common metric for delivery firms, of 11.69 billion euros ($12.50 billion), beating analysts’ estimate of 11.57 billion in a company-compiled consensus.
($1 = 0.9349 euros)
(Reporting by Ozan Ergenay and Michal Aleksandrowicz in Gdansk; Editing by Milla Nissi)
