Delivery Hero's Asia Segment Seen Hit by Competition -- Market Talk

Dow Jones

2025/04/24

1033 GMT - Delivery Hero's Asia segment, which faces a highly competitive environment, isn't performing well compared to other divisions, Morgan Stanley analysts write in a note. This is mainly due to South Korea, where competition from Coupang remains intense, they add. However, Delivery Hero still expects gross merchandise value to return to growth in Asia this year, even if Korea is impacted by tougher comparatives, they say. Shares are down 2.5% at 24.27 euros. (najat.kantouar@wsj.com)

(END) Dow Jones Newswires

April 24, 2025 06:34 ET (10:34 GMT)

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This is mainly due to South Korea, where competition from Coupang remains intense, they add. However, Delivery Hero still expects gross merchandise value to return to growth in Asia this year, even if Korea is impacted by tougher comparatives, they say. Shares are down 2.5% at 24.27 euros. 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This is mainly due to South Korea, where competition from Coupang remains intense, they add. However, Delivery Hero still expects gross merchandise value to return to growth in Asia this year, even if Korea is impacted by tougher comparatives, they say. Shares are down 2.5% at 24.27 euros. (najat.kantouar@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 24, 2025 06:34 ET (10:34 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1989772840.SGD","symbol_name":"CPR Invest - Climate Action A2 Acc SGD-H","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2529090206","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2529090206","pubTimestamp":1745490840,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1033 GMT - Delivery Hero's Asia segment, which faces a highly competitive environment, isn't performing well compared to other divisions, Morgan Stanley analysts write in a note. This is mainly due to South Korea, where competition from Coupang remains intense, they add. However, Delivery Hero still expects gross merchandise value to return to growth in Asia this year, even if Korea is impacted by tougher comparatives, they say. Shares are down 2.5% at 24.27 euros. 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This is mainly due to South Korea, where competition from Coupang remains intense, they add. However, Delivery Hero still expects gross merchandise value to return to growth in Asia this year, even if Korea is impacted by tougher comparatives, they say. Shares are down 2.5% at 24.27 euros. (najat.kantouar@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 24, 2025 06:34 ET (10:34 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}