Niklas Oestberg @niklasoestberg
Co-founder & CEO Delivery Hero 🦸♂️ -》 foodpanda 🐼 -》Talabat -》 PedidosYa -》Glovo -》Yemeksepeti -》 Hungerstation -》 foodora -》 Baemin -》 efood deliveryhero.com Berlin Joined April 2009-
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Happy to announce Q4 results. Revenue +16% YoY, FY EBITDA improved €875m to €250m and we turned FCF positive during H2’23. 🚀 Team delivered on all 9 guidance points! ✅ Guidance 2024: EBITDA €725-775m and FY FCF positive. 📈 Many thanks all Heroes for amazing job! 🙏
Rough work year with excellent ending in almost every way: * MENA strong through the year * Korea stable share and back to growth in Dec (after slight drop in Oct). More to come next year. * Europe accelerating throughout the year * Latam rock solid (except Pesos) * APAC finally…
A few Delivery Hero Q3 highlights: * Record GMV (€11.4bn), Revenue (€2.7bn), aEBITDA and cashflow 🥇 * GMV Growth acc. to 9%, revenue to 16% and FY aEBITDA target re-iterated 📈 * MENA growing GMV 26% * Latam aEBITDA break-even in Q3 and APAC in Oct * aEBITDA for profitable…
On my bike ride home from work, it became obvious to me that Berlin is the coolest city in the world! Paris, London, New York, Singapore, Dubai, Tokyo, Stockholm can fight for 🥈 Parks, street art, dancing, culture, restaurants, and incredibly diverse ⭐️⭐️⭐️
Accelerated growth across the group while improving adj EBITDA with €500mn in H1 YoY. Great job everyone!🙏 #DeliveryHero Well positioned heading into H2.
Finished 7h of Warren Buffet and Charlie Munger’s annual shareholder meeting. More entertaining than any Netflix series. #Legends
We had our Global Leadership Meeting last week. Incredible team of hungry country leaders who will NEVER give up until we offer the best service in every market. Super energised. 🚀
It's the year 2050: AI has taken over the world, and VR can't be distinguished from reality. But, printers still don't work, and I have a million different logins I can't remember.
Financial Times Letter: How the EU can best serve platform workers “While employment brings more social protections, it also brings rigidity in working patterns and loss of control. For people offering their services on platforms, flexibility and control have always been the…
Two years later…😇
Great to see Delivery Hero and Spotify are the two leading “founders factories” in Europe. axios.com/pro/fintech-de…
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34 Followers 172 Following LO Global Tech Equities - Stocks and Peppers - Exploring #Fintwit and contributing to the noise - Not investment advice🎉This morning’s release of our Q1 2024 Trading Update confirms the successful start we’ve seen to the year. We remain focused on profitable growth, cash generation, and disciplined capital allocation. 🗞️ Read the full release: bit.ly/3QdNYCX #deliveryhero
What it would look like if the Moon were the same distance as the ISS. 📽: yeti dynamics/yt
The Slootman-ism below reminds me of a nit I have. Many GM's and product mangers use "quarters" as their schedule target. They say, "we will deliver this by Q3." In my mind, that is September 30th or later. It is certainly not before. Use an actual specific day instead.
I’m going to start a procrastination support group. Tomorrow.
🎉 This morning’s release of our Q4 2023 financial results reaffirms a landmark year for Delivery Hero, in which we met our ambitious targets, fully delivering on our FY 2023 guidance. 🗞️ Read the full release here: bit.ly/3whEvng #deliveryhero
This morning we published our preliminary results for Q4 2023 to highlight a very strong ending to the year 🚀 All numbers presented in this release are unaudited and based on preliminary information. Read the full press release here: bit.ly/42pJ0rG #deliveryhero
More than 21 million people signed up for health care during open enrollment. That’s an all-time record, and it’s thanks to the hard work of the Biden Administration. The Affordable Care Act is here to stay, and it’s helping millions of people get the health care they need.…
🤔 How Delivery Hero Solved the Product Matching Problem? 🔎Lexical retrieval (keywords) for candidate generation 📈Bert-based encoder for hard-negatives and cross-encoder for re-ranking Read all about it on our tech blog: bit.ly/4bknzwv #deliveryhero #webuild
EU should quickly accelerate roll out of a pan-EU digital identification thats easy to use. Humans need to be able to verify other humans These are examples of fraud attempts in my name, using my style of writing and audio that sounds 100% like me, that are ongoing right now:
Kicking off 2024 with a bang 🚀 as @Uber secures naming rights for famous Berlin venues! Happy 10th anniversary Uber Germany 🇩🇪!! #UberArena #UberEatsMusicHall #UberPlatz
I see too many lawyers making unnecessary changes to documents. Each edit corrodes goodwill in a deal. As a young M&A associate, I used to mark everything (improper spacing, inconsistent quotation marks, wording consistency). One day, a partner asked me to mark up a purchase…
Just arrived at #WEF24 and as always there is a lot to discuss. At the top of my list this year is the climate crisis and the electrification of transportation 🧵
I love this picture, we were all that lad at some point… long time ago for me but still remember that feeling! That is what it is all about
💥 𝙍𝙊𝘿𝙉𝙀𝙔 𝙒𝘼𝙎 𝙍𝙊𝘾𝙆𝙄𝙉𝙂 🙌 Tonight's victory makes it three wins in a row on 🏡 soil and we couldn't do it without you our 16th man! 👏🔥 #WeAreGwentRugby #DRAvSCA
If you’re a driver considering the switch to an EV, now is the time! @Uber drivers can get up to $3,000 back from Uber in addition to Federal Tax Credits on a new @Tesla Model 3 or Model Y till 12/31. Let's go electric together🚗⚡! shorturl.at/dfyGI
This, in a nutshell, is everything wrong with government. The marginal cost of energy is free at certain moments in California. This is an incredible unlock for human productivity. But also in California, while the marginal cost of generating this energy is free, the…
He gave it all he got
This man is now worth $110B
Sam and I are shocked and saddened by what the board did today. Let us first say thank you to all the incredible people who we have worked with at OpenAI, our customers, our investors, and all of those who have been reaching out. We too are still trying to figure out exactly…