Delivery Hero with almost a billion euros in the red

BerlinIt is still above all the fantasies and hopes that count in the stock market. So much so that investors themselves take notice of the loss of almost one billion euros as unmoved as if it were a matter of a deviation in the Müggelsee level in the millimeter range. This is certainly the case for the Berlin food delivery service Delivery Hero, which is listed in the Dax. Because after he presented his business figures for the first half of the year on Thursday morning, the share had even increased at times – despite a reported loss of 918 million euros. A year earlier, the minus was 448 million euros.

In fact, the message from Oranienburger Strasse in Berlin-Mitte had hardly surprised anyone. Fast growth instead of profit has been the declared goal of company boss and founder Niklas Östberg for years, who did not change anything even after being listed in the Dax last August. And so the Berlin company is still reliably in the red zone of the business balance sheet. But at full throttle. Delivery Hero is growing like no other Dax company.

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