Whatco

Delivery Hero

Food delivery and quick commerce · Germany

Delivery Hero runs local delivery apps such as Baemin, talabat, Glovo, foodpanda and PedidosYa in about 70 countries, earning commissions and delivery fees on restaurant orders, selling groceries from its own Dmart warehouses and selling ads to restaurants and brands.

What makes it different

Nine in ten euros come from markets it leads.

90%GMV from markets where it is #1FY2025

Being number one in most of its countries gives it the order density that makes delivery and ads pay.

How big it is

How big is Delivery Hero?

€49.2BGMVFY2025
€14.1BRevenueFY2025
1M+Riders2025
How it makes money FY2025

Commissions and delivery fees, then groceries and ads.

  • Commission fees€5.8B
  • Delivery fees€3.3B
  • Dmarts€2.9B
  • Advertising and listing fees€1.5B
  • Service, payment and other fees€1.5B
How the business works

Local apps, own riders, own warehouses.

  1. 1Eleven local delivery apps
  2. 2Own rider fleets
  3. 3811 Dmart warehouses

Groceries from its own warehouses turn a weekly food app into a daily one, so the same riders, app and ads earn on more orders.

Brands and businesses

More than Delivery Hero.

Who owns it
  • Uber Technologies, Inc. (via SMB Holding)24.77%
  • Naspers Group (Prosus)16.68%
  • Aspex Group7.49%

CEO: Niklas Östberg

Who it competes with
UberDoorDashJJust Eat TakeawayMMeituan (Keeta)GGrabCCoupang
Key moments
  1. 2011Delivery Hero founded in Berlin
  2. 2017Listed on the Frankfurt Stock Exchange
  3. 2019German business sold to Takeaway.com
  4. 2021Woowa (Baemin) deal closes
  5. 2022Majority of Glovo acquired
Sources

Every number on this page comes from Delivery Hero's own reports.

Full profile

The rest of the story is in the app.

What Delivery Hero tracks20 metrics
Orders
Monthly active users
Quick Commerce GMV
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
Where the money comes from4 regions
Asia
MENA
Europe
The full timeline17 moments
2020
2025
2026
Delivery Hero vs Uberside by side
Revenue
Profit
People
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