Delivery Hero (DHER) talabat Company Presentation summary

Mission and vision

• Focused on empowering communities and delivering value across the MENA region.

• Emphasizes pride in serving the region and being recognized as the 'Orange ones.'

Market position and scale

• Leading on-demand delivery platform in MENA, operating in 8 countries with over 6 million monthly active customers.

• 2023 GMV reached $6.1 billion, supported by double-digit growth, high profitability, and strong cash conversion.

• Over 64,000 active partners and 115,000 active riders as of July 2024.

• Largest platform in the region, with a multivertical ecosystem spanning food, grocery, and retail.

Growth and financial performance

• Achieved a 51% GMV CAGR from 2015 to 2023, with GMV per customer quadrupling within five years of acquisition.

• Free cash flow margin at ~7% (H1 2024) and cash conversion above 90%.

• 2023 GMV of $6.1 billion and a highly cash-generative business model.

• 26% CAGR in GMV and 24% CAGR in free cash flow from 2021 to 2023.