Press release BoxID: 637722 (Lieferheld GmbH)
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Lieferheld delivers profit for the first time

(PresseBox) (Berlin, ) Berlin based Delivery Hero Holding has reported a leap into profit for their wholly-owned subsidiary Lieferheld, just three years after launching the German online food ordering platform. Delivery Hero has now reached profitability in all of its core markets (Germany, Sweden, Finland, Austria and the UK, with, and expects to reach Group-wide profitability by the end of 2013.

Niklas Östberg, CEO of Delivery Hero, has announced the company's decision to reinvest all profits: "Our profits give us even more options to further strengthen our position as product leader and innovator. We want to provide both our customers and our restaurant partners with the best and most advanced products and services."

Delivery Hero already has the largest global restaurant network of any player in the online food ordering industry, with around 50,000 restaurants. Worldwide Delivery Hero has more than 6 million customers and provides its restaurant partners with business worth more than 300 million Euros per year.

The outlook continues to be positive, with CEO Niklas Östberg stating: "I'm delighted that reaching profitability did not come at the expense of our tremendous growth, which is still more than 100% on an annual basis. Today we can justifiably call ourselves the market leader for online food ordering in Continental Europe and Asia, with the exception of Japan. "

Delivery Hero is a worldwide network of online food ordering sites with around 50,000 restaurants connected to its service. On its mission to provide better takeaway food to the people globally, Delivery Hero operates in Germany, UK (, Sweden, Finland, Poland, Austria, Denmark, Russia, Australia, Switzerland, South Korea, China, Mexico and India. The company has more than 650 employees around the world with 300 staff working from its Berlin headquarters. Delivery Hero investors include Kite Ventures, Team Europe, ru-Net, Tengelmann Ventures, Holtzbrinck Ventures, Point Nine Capital, Kreos Capital and Phenomen Ventures.

Lieferheld GmbH

More than just a restaurant directory, is a convenient and transparent way to find a restaurant, read reviews and order home delivery. Lieferheld, which is part of Delivery Hero, helps more than 6,000 restaurants across Germany keep up with the technological demands of their customers. Ordering food through the Lieferheld website or various mobile apps is quick, safe and without any extra costs for the customer.