艾金森
Amazon hires Disney SVP Kyle Laughlin as director of Alexa Gadgets
Apple’s battery cases return for the iPhone XS and XR
The Future Of TV Is HTML
This Week On Bullish: Can The Bold Italic Come Back?
Microsoft Drops New Windows 10 Mobile Build, Promises Faster Release Cadence
Cisco Pops 2.5% After Reporting Better-Than-Expected FQ4 Revenue Of $12.84B
Yahoo Sags 4% After Alibaba's Q2 Earnings Disappointment
Microsoft Postpones Ship Date For Its 'Surface Hub' Wall Computer To January
You Can Now Run Windows 10 On Your Mac
Microsoft Drops Another Windows 10 Update
Zulily's Buyout Spike Leaves It Less Valuable Than When It Went Public
Microsoft Launches New Windows 10 Build, Vows To Keep Its Early Access Program Alive


漂流瓶终于彻底拜拜 微信7.0.4新版体验
微信漂流瓶被玩坏了 聊聊漂流瓶里那些事
微信关闭漂流瓶 它曾经满足了我们对世界的好奇
微信暂停漂流瓶功能:对色情内容零容忍
[视频]惠普Chromebook x360 14 G1评测:搭载Chrome OS的商务变形本
特斯拉:北京客户可三年免息融资购车并免费租赁车牌
借贷宝:停止催收百名裸条女大学生 未满23岁将不得借贷
京东白条多地频现盗刷 消费者遭催收公司“逼债”
借款野蛮催收行为将被规范 真是几家欢喜几家愁
为规范网贷催收 上海互金协会发行业倡议书
腾讯解释为什么微信没有夜间模式 真相你相信吗?
一张发行8年的微信唱片:只收录了4首歌曲


Delivery Hero Buys Brazil's Subdelivery As It Beefs Up In Asia And LatAm

当前位置: 艾金森 > 门户 > 海外资讯

点击量 15
编辑: 1   作者: Techcrunch   时间: 2018/12/6 2:52:29  

Delivery Hero, the?startup?that is now valued at over $1 billion?and is raising a lot of cash to compete?heavily against the likes of Just-Eat and FoodPanda in the food delivery market outside the U.S., is adding another acquisition to its list as it focuses on growth in Latin America and Asia. It has acquired Subdelivery, an online delivery service based in Brazil.

Subdelivery's biggest claim to fame is that it holds the exclusive contract to deliver food for the sandwich chain Subway.

We are asking Delivery Hero for the terms of this deal and if it plans to use more of its $657 million warchest for further acquisitions, or to expand into further categories of delivery. (We'll update as we learn more.) Rocket Internet, for example, has been looking to leverage its own delivery network for more than just restaurant food, with its most recent move being the launch of ShopWings, an Instacart-style service that offers a list of groceries from across different stores that can be purchased online and aggregated into a single delivery.

It's clear that these regions will be the focus of investments in any case:

"Asia and Latin America will hold a central role in our long-term strategy. We will continue focusing on growth and market share over profitability for the next 7-10 years," said Niklas ?stberg, Delivery Hero's CEO, in a statement. "We have the advantage over our local competitors that we can afford having loss making markets like Korea for a very long time because they are funded by the profits generated in our European markets."

"Loss-making" may be the operative phrase here.

While Delivery Hero doesn't spell out what its overall revenue is, it notes that one operation called YoGiYo, a brand it operates in Korea, contributes $2 million in monthly revenues on orders of 1 million each month. It's not clear how, overall, the company's margins are holding up. If you calculate out an average of $2 million/month in sales, this works out to $48 million annually for YoGiYo. Delivery Hero also notes that its marketing budget is $40 million - meaning that before any other operational costs are deducted, it's down to annual revenues of $8 million.

Another might be competitive pressures. Last month, Just-Eat also invested in growing its business in Brazil through a merger with iFood (via Tech.eu).

Delivery Hero, based in Berlin, first opened for business in Europe in 2011, but it's gradually shifting more activity to emerging markets - not unlike its other non-U.S. competitors. Collectively, Asia and Latin America now account for 35% of all the company's orders, with the Asian business growing at a rate of 500% and Latin America 300%.

To date, Delivery Hero has made four acquisitions prior to?Subdelivery. They include Pizza.de, ClickDelivery, PedidosYa and 9Cookies - all of which were acquired this year.