Delivery Hero AG (DHER.DE)

Scratching my head over Delivery Hero‘s current valuation. Price to sales is about 1 which is extremely low for a growth company with their current growth rate. Company is working on profitability and expects to be there by next year. Almost all analysts see higher stock prices and some of them have been increasing their already very high price targets. It has many big banks and investing firms as stakeholders e.g. Morgan Stanley, BlackRock, Goldman Sachs (who gave the a buy rating a few days ago with price target of 125 suggesting a jump of more than 200% over next 12 months). They secured funding until they are profitable and insiders have been aggressively buying, especially their CEO.

Flash Update: Delivery Hero shares Woowa’s strong operational numbers for 2020 after a successful closing of transaction

16 MAR 2021
BY PRESS TEAM

After successfully closing the transaction in relation to Woowa, Delivery Hero today shared details on Woowa’s operational performance in 2020, noting strong performance with 729 million orders (+75% yoy), GMV of EUR 11.6 billion (+73% yoy) and revenues of EUR 918 million (+102% yoy)
Woowa has a strong presence in South Korea, grew its business in Vietnam substantially since 2019 and launched operations in Japan in December 2020
In combination, Delivery Hero and Woowa processed more than 2 billion orders, generated more than EUR 24 billion GMV and over EUR 3.7 billion revenue in 2020
The full-year guidance of Delivery Hero will be published in April 2021

Fonte sito , forza verso nuovi massimi fino ad Aprile 👍💪

Increased stake in Delivery Hero to offset current and future dilution

Naspers Limited

(Incorporated in the Republic of South Africa)

(Registration number 1925/001431/06)

JSE share code: NPN ISIN: ZAE000015889

LSE ADS code: NPSN ISIN: US 6315122092

(Naspers)

INCREASED STAKE IN DELIVERY HERO TO OFFSET CURRENT AND FUTURE DILUTION

Prosus, major subsidiary of Naspers, has acquired approximately 20.37 million shares in Delivery

Hero (FRA:DHER.GR) via market and bilateral trades through its subsidiary, MIH Food Holdings

B.V.

Following the close of Delivery Hero’s most recent Woowa transaction on March 2, 2021, whereby

Delivery Hero SE bought an 87% stake in Woowa, South Korea’s biggest food delivery app, MIH

Food Holdings B.V.’s shareholding fell to 16.81%. The acquisition of the approximately

20.37 million shares increases MIH Food Holdings B.V.’s shareholding by 8.18% to 24.99%

(22.24% on a fully diluted basis) and continues to position the group as the largest shareholder

in Delivery Hero. Prosus acquired the shares with the intention to offset existing and future

dilution incurred from convertible issuances, employee exercises and stock issuance related to

the Woowa transaction. Prosus has no intention to buy any additional shares within the next

twelve months.

Growing its position in online food ordering and delivery is consistent with Prosus’s strategy to

invest in platforms with global potential that offer online marketplace services in high-growth

markets. The increased stake in Delivery Hero adds to the group’s investments in iFood in Latam

and Swiggy in India.

Delivery Hero (ETR:DHER) has been assigned a #$%$173.00 ($203.53) price target by investment analysts at Credit Suisse Group in a report issued on Wednesday, Borsen Zeitung reports. The firm presently has a ?buy? rating on the stock. Credit Suisse Group?s price target would indicate a potential upside of 53.78% from the company?s current price.A number of other equities research analysts have also recently commented on the stock. Deutsche Bank Aktiengesellschaft set a #$%$135.00 ($158.82) target price on shares of Delivery Hero and gave the company a ?buy? rating in a research report on Wednesday, March 17th. Barclays set a #$%$160.00 ($188.24) price target on Delivery Hero and gave the company a ?buy? rating in a report on Wednesday, February 10th. UBS Group set a #$%$147.00 ($172.94) target price on Delivery Hero and gave the company a ?buy? rating in a report on Wednesday, March 17th. Berenberg Bank set a #$%$160.00 ($188.24) price target on shares of Delivery Hero and gave the company a ?buy? rating in a research report on Tuesday, January 12th. Finally, Jefferies Financial Group set a #$%$128.00 ($150.59) target price on shares of Delivery Hero and gave the stock a ?buy? rating in a research note on Friday, March 12th. One research analyst has rated the stock with a hold rating and twelve have given a buy rating to the stock. The stock currently has a consensus rating of ?Buy? and a consensus price target of #$%$138.00 ($162.35).

13 APR 2021 | BUSINESS & INNOVATION | BY JOHANNA LINDSKOG LINDELL & MELANIE BOCHMANN
Robots in quick commerce: is this the future of delivery?

Since Doora (foodora’s new and fully autonomous delivery robot) started to roam the streets of Stockholm, it has been a sensation in Sweden and beyond: Passengers stop to take photos of the striking pink droid; customers who receive their orders from Doora open their doors in awe; and industry experts debate what role robotics play in the future of delivery – and whether this future is in fact already here.

Efficient, contactless and environment-friendly, robot delivery has a lot to offer when it comes to integrating into the delivery ecosystems of our cities. In order to pilot this scenario, foodora developed their own fully autonomous delivery robot Doora, which started its test phase around Stureplan in Stockholm earlier this year, and will continue to run more tests during spring 2021. Doora will be used to transport both food and other products weighing up to 20 kg, supporting the efforts of quick commerce (or q-commerce), bringing items to customers in less than one hour. And it is hoped that Doora, with a top speed of 6 km/h and a battery life of eight hours, will be seen in cities all over Sweden after the beta test.