Delivery Hero reported a higher than expected quarterly gross merchandise value (GMV) in Q1, growing 8.8% to 12.5 billion euros ($14.6 billion). This surpassed analysts' average estimate of 12.26 billion euros. Key takeaways include a 30% increase in FY 2025 adjusted EBITDA to €903 million and free cash flow rising to €250 million. Strategic initiatives focus on quick commerce growth (GMV ~€7.5 billion in 2025) and the sale of the Taiwan unit to support the 2026 outlook.
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