Shearing a tree stock market: The booming business with the food packages

The Corona-Lockdown has been triggered in many people part of massive changes in everyday life. Not only that, in many places, worked in the home office. No, th

Shearing a tree stock market: The booming business with the food packages

The Corona-Lockdown has been triggered in many people part of massive changes in everyday life. Not only that, in many places, worked in the home office. No, the eating habits of many families and consumers have changed substantially since March. The spontaneous evening course with friends to an Italian restaurant on the corner of fell away from today to tomorrow. In the own four walls has been re-boiled more.

Yet not everyone has had to go almost every day with a mask shop to take only ready-to-eat from the bag or canned, too. The solutions for this Problem have found many Hungry on the Internet: delivery services, where you can order the food online. The entire industry is booming(e) since the Corona of a crisis.

a pioneer in Pizza Hut

The idea is certainly not new. Already 26 years ago, the American chain Pizza Hut launched the first Online ordering service for Pizza. 25 years later, the business with Online service delivery, a billion-dollar Business. Experts estimate that the market alone has generated in 2019 around the globe, more than 105 billion dollars in sales. By 2025, experts predict that the market will achieve sales of more than $ 180 billion.

among the big winners in the industry, also a German group: food delivery service Delivery Hero is one of the great profiteers of the Corona pandemic. The reason is quite simple: Since the Restaurants were closed in many countries, part of week-long and some people shied away from because of the fear of a possible contagion, also the aisle in the supermarket, ordered many people, especially young consumers, their food, and they deliver. Although the company reported according to the most recent data in April from a downturn, then the job growth was significantly.

Alone in the month of June, the number of orders doubled. For the second quarter of 94 percent compared to the same period last year. The company operates in more than 40 countries ordering platforms for food from local suppliers and employs more than 25,000 employees.

Suddenly, Dax-candidate

The recent success of the Delivery Hero is also reflected in the price chart: In the Wake of the Coronavirus-stock market crash, Delivery Hero was torn at first with the depth. The share price plummeted in March to around 50 euros and then started a new course-rally. To 6. July, the rate climbed in the top on 106,20 Euro, which meant a new all-time high. Courses 110 and 120 Euro are purely a chart is technically only a matter of time.

DELIVERY HERO SE NA O. N. -- -- (--) Xetra London SE Int. Level 1TradegateLang & Schwarz, Stuttgart, Frankfurt, Switzerland OTCSchweizWien 1T 1W 3M 1J 3J 5J For detail view

The might as well for the rise of the share in the top deutsche börse League shall apply. Because of the rapid growth could give Delivery Hero already in September, a place in the Dax. Then, at the latest, in a balance-sheet scandal involved, insolvent payment processor Wirecard have to leave the Dax.

Updated Date: 10 July 2020, 05:19

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