Take away food delivery firms Hero and Just Eat thrive in pandemic
Food delivery firms Delivery Hero and Just Eat posted increased sales but other companies such as Heineken continue to warn about the fallout from the Covid-19 economic crisis.
Delivery Hero said order numbers and revenue approximately doubled in the third quarter as the Covid-19 pandemic drove demand for food-delivery companies. It narrowed its full-year revenue guidance to €2.7bn to €2.8bn, as third-quarter revenue rose to €776.4m from €390.6m a year earlier. Following its entry into Japan in September, Delivery Hero said it would continue to invest in the country and expand to more cities by year-end. And in South Korea, it still expects its bid for control of the country's biggest food delivery app, Woowa Brothers, to get regulatory approval this year.




