(Reuters) – German online takeaway food company Delivery Hero reported stronger than expected growth it its second quarter gross merchandise value on Thursday, underpinned by higher order volumes.
Its quarterly gross merchandise value or GMV, a common metric for delivery firms measuring the total value of all goods sold, grew 7.4% in constant currency terms to 11.89 billion euros ($13.24 billion), beating analysts’ 11.57 billion euro estimate in a company-provided poll.
($1 = 0.8981 euros)
(Reporting by Paolo Laudani and Éva Orsolya Papp in Gdansk; editing by Milla Nissi)
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