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Food Delivery Platforms Lose $20 Billion as Diners Cut Back

Food delivery platforms have reportedly seen more than $20 billion in losses since going public due to slowing consumer spending.

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Food delivery apps rack up €18.5bn in losses in fierce battle for diners

Deliveroo, Just Eat, DoorDash and Delivery Hero put new focus on profits, despite slower growth following the pandemic

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Netherlands
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DELIVERY HERO : Gets a Buy rating from Jefferies

In a research note, Jefferies analyst Giles Thorne has maintained his recommendation on the stock with a Buy rating. The target price differs slightly and is now set at EUR 61.50 versus EUR 62.

Giles-thorne

DELIVERY HERO : Jefferies reiterates its Buy rating

DELIVERY HERO : Jefferies reiterates its Buy rating
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Giles-thorne

DELIVERY HERO : Jefferies reaffirms its Buy rating

DELIVERY HERO : Jefferies reaffirms its Buy rating
marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.

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