Delivery Hero Food Orders Almost Double During Lockdown
An employee attaches a delivery box to a bicycle inside the headquarters of Foodora in Berlin.
Photographer: Krisztian Bocsi/Bloomberg
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Delivery Hero SE, the German food delivery company, said orders rose 92% in the first quarter, nearly doubling from a year earlier as customers were forced to stay home and order takeout online.
Revenue also rose 92% to 515 million euros ($557 million) in the quarter from a year earlier, Delivery Hero said in a statement on Tuesday. The company said it expects to keep winning new customers for the rest of the year as people who are stuck at home are more likely to try its service for restaurant and grocery deliveries.