Economy & Politics

Delivery services: Delivery Hero – the high price for growth

Niklas Östberg should be satisfied: his delivery empire Delivery Hero is worth around 18 billion euros. The group processes 23 orders every second. Sales doubled in the first half of 2020. The rising star Delivery Hero is doing so well that the company recently replaced the insolvent payment processor Wirecard in the Dax. In just nine years, Östberg’s company has grown from a start-up to an international player with more than 27,000 employees.

In 2007, Östberg was still a strategy consultant: after long working days, he stood in front of his kitchen and had to admit that he was not a talented cook. So he ordered food to be taken home, but the phone calls to the restaurant he trusted

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