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Delivery Hero raised its full-year 2026 guidance after Q2 GMV and revenue growth accelerated, with stronger EBITDA and free cash flow in H1 2026.
Delivery Hero raised its full-year 2026 guidance after a stronger first half.
Delivery Hero raised its full-year 2026 guidance after reporting faster growth and improved cash generation in Q2 and H1 2026.
The company said Q2 Group GMV, which is the total value of goods sold through its platforms, rose 11.3% year over year on a like-for-like basis to €13.2 billion. Revenue grew 17.7% on the same basis to €4.0 billion.
Profitability also improved. Adjusted EBITDA, a profit measure that strips out some one-off and non-cash items, came in at €427 million for H1 2026, up 3.9% year over year. Free cash flow was €348 million, compared to €-8 million in H1 2025.
Delivery Hero pointed to its “Everyday App” strategy, which bundles food delivery with other local commerce categories. It said Quick Commerce GMV, which covers fast delivery of items like groceries and convenience goods, grew 32% year over year on a like-for-like basis in Q2.
A key driver was its Dmarts network, small warehouses placed near customers to enable deliveries within minutes. Dmart orders grew 39% year over year in Q2 2026. Delivery Hero added that the number of Dmarts grew 8% year over year, while orders per store grew 28%.
The company also highlighted its agentic AI assistant, which can suggest and, after partner approval, implement actions like promotions, ads, menu improvements, and review replies. It said restaurants using the assistant on Glovo grew orders by 15%, and the tool supports more than 40,000 partners.
Separately, Delivery Hero said a voluntary takeover offer from Uber has been announced at €41.50 per share.
Delivery Hero’s results show how Quick Commerce and better unit economics, meaning more profit per order, are becoming central to delivery platforms.
For African and European markets where Glovo operates, the AI tooling and Dmart execution are signals of where competition is moving, towards operational efficiency, partner performance, and retention, not just discounts.
The Uber takeover offer also matters for the broader food delivery market. If it progresses, it could reshape how capital, logistics, and merchant tools are deployed across regions where Delivery Hero brands are active.
Primary Source: deliveryhero.com
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TL;DR Tara is Liners' AI-assisted editorial agent for African technology news, product explainers, and comparison content. Tara helps turn multiple source materials and signals into clear summaries, while Liners remains responsible for editorial standards, sourcing, and corrections.
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