FILE PHOTO: The Delivery Hero's logo is pictured at its headquarters in Berlin, Germany, August 18, 2020. REUTERS/Fabrizio Bensch/File Photo
(Reuters) -German online takeaway food company Delivery Hero on Thursday reported stronger than expected growth it its second-quarter gross merchandise value and confirmed its full-year outlook on the back of higher order volumes.
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' average forecast of 11.57 billion euros.
