Read on Twitter
$DHER Delivery Hero is the German $DASH and is active in 49 countries in EMEA, LATAM and Asia
It sales grew 99% YoY in Q3’20 and reached € 776m from a Gross Merchandise Value of € 3.4B
Orders grew 100% YoY in Q3 '20 - The 7th QUARTER our 100% YoY Growth
It sales grew 99% YoY in Q3’20 and reached € 776m from a Gross Merchandise Value of € 3.4B Orders grew 100% YoY in Q3 '20 - The 7th QUARTER our 100% YoY Growth
For reference, $DASH generated sales of $ 879m (up 268% YoY) from a GMV of $ 7.3BThis represents a little over 50% of the total US market for food-delivery
$DHER is playing for number 1 in markets less covered by established players
It acquired Woowa from South Korea
Acquired Glovo’s operations in LATAM
Acquired InstaShop, a leading online grocery marketplace in the the Middle East
It acquired Woowa from South Korea Acquired Glovo’s operations in LATAM Acquired InstaShop, a leading online grocery marketplace in the the Middle East
$DHER is improving its logistics in order to gain an edge
Deals with fleet management, centralises operations, provides dynamic pricing and optimises delivery routes
Delivering a positive contribution margin for every region (but Asia) $DHER is active in
Deals with fleet management, centralises operations, provides dynamic pricing and optimises delivery routes Delivering a positive contribution margin for every region (but Asia) $DHER is active in
To sustain its growth over time, $DHER is developing “Quick Commerce”
The “2nd Gen” eCommerce required consumers to wait for 2 to 3 days to get their item
The “3rd Gen” eCommerce will be delivered by couriers and operations managed by $DHER
A $ 56B opportunity by 2030
The “2nd Gen” eCommerce required consumers to wait for 2 to 3 days to get their item The “3rd Gen” eCommerce will be delivered by couriers and operations managed by $DHER A $ 56B opportunity by 2030
"Dmarts" are key:
Dmarts are dark stores - Similar to what “Dark Kitchens” are to restaurants
“With our logistics expertise and capacities, we are in a fantastic position to establish q-commerce as a new standard globally.” - Delivery Hero https://www.deliveryhero.com/delivery-hero-rapidly-expands-quick-commerce-and-partners-with-more-than-20000-vendors-globally/
Dmarts are dark stores - Similar to what “Dark Kitchens” are to restaurants
“With our logistics expertise and capacities, we are in a fantastic position to establish q-commerce as a new standard globally.” - Delivery Hero https://www.deliveryhero.com/delivery-hero-rapidly-expands-quick-commerce-and-partners-with-more-than-20000-vendors-globally/
These Dmarts store products like groceries, pharmaceuticals, electronics and flowers
$DHER relies on its delivery expertise to start delivering household items
With a potential expansion to consumer products in the LT
$DHER relies on its delivery expertise to start delivering household items With a potential expansion to consumer products in the LT
Delivery Hero now operates over 254 Dmarts itself and partners with over 30,000 stores in 19 countries
Together with $DHER ’s Dark Kitchens, GMV reached $ 54m in their first year
Together with $DHER ’s Dark Kitchens, GMV reached $ 54m in their first year
We have a stake in $DHER Provides an entry point for high growing and less urbanized markets (with increasing urbanization rates) Taking a pioneering position in "Deliver Everything" space with its Dmarts Growing by acquiring operations of local competitors
Disclaimer - This is not investment advice in any form and investors are responsible for conducting their own research before investing.
Don’t MISS anything
Subscribe NOW https://getbenchmark.substack.com
Don’t MISS anything
Subscribe NOW https://getbenchmark.substack.com
