Delivery Hero full-year revenue surges 65 percent

Delivery Hero full-year revenue surges 65 percent
Andreas Harte, a Foodora delivery cyclist poses in front of Delivery Hero headquarters in Berlin, Germany, June 2, 2017. REUTERS/Fabrizio Bensch Copyright FABRIZIO BENSCH(Reuters)
Copyright FABRIZIO BENSCH(Reuters)
By Reuters
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(Reuters) - German online food delivery firm Delivery Hero said on Wednesday its full-year revenue rose 65 percent to 687 million euros (£604.3 million), driven by expansion into new locations.

Full-year revenue, including Germany, grew to 792 million euros, exceeding the company's guidance of 780-785 million euros.

In December, Delivery Hero sold its delivery operations in Germany to rival Takeaway.com for 930 million euros.

(Reporting by Anna Rzhevkina in Gdynia; Editing by Subhranshu Sahu)

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