An article about German Delivery Hero

Delivery Hero
Everything you need to know about the topic!
Delivery Hero is a German multinational online food ordering and delivery company based in Berlin, Germany.
Operations
The company operates in over 70 countries internationally in Europe, Asia, Africa, Latin and South America, and the Middle East, and partners with 500,000+ restaurants.
Delivery Hero has increasingly branched out beyond food delivery and is a leading player in the emerging category of quick commerce, which delivers small batch orders in under an hour.
In the third quarter of 2021, Delivery Hero processed 791 million orders - that equals a year-on-year growth of 52%.
Delivery Hero key points
1) Delivery Hero was founded in Berlin by Niklas Östberg, Kolja Hebenstreit, Markus Fuhrmann, and Lukasz Gadowski in 2011
2) The company operates food delivery services in 33 countries and employs more than 3,000 people
3) Delivery Hero is profitable, and the company's core business is already operating profitably
4) The company has increasingly branched out beyond food delivery and is a leading player in the emerging category of quick commerce
5) Delivery Hero has invested $235 million in Gorillas, an online grocery start-up, as part of a $1 billion funding round
6) Delivery Hero is one of Europe's biggest online food delivery platforms, competing with the likes of Deliveroo and Just Eat Takeaway.com
Success
Delivery Hero's success in the food delivery industry has made it a major player in the emerging category of quick commerce. The company's investment in Gorillas shows that it is looking to expand its reach into the online grocery delivery market.
Delivery Hero growth and development summary
Delivery Hero faced several challenges in its early years, including:
Competition: The food delivery industry was already crowded when Delivery Hero was founded in 2011, with established players like Just Eat and Grubhub already operating in the space.
Funding: In its early years, Delivery Hero struggled to secure funding, with investors skeptical of the company's ability to compete with established players.
Expansion: Delivery Hero faced challenges expanding into new markets, with regulatory hurdles and local competition posing obstacles to growth.
Despite these challenges, Delivery Hero was able to grow rapidly and become a major player in the online delivery space. The company's profitability and investment in emerging categories like quick commerce and online grocery delivery demonstrate its commitment to continued growth and development.