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      "text": "Return to growth after difficult comps, driven by Covid and excessive competitive spending in APAC during 2019-2021. Expect to gradually accelerate growth from a strong basis over next 12 months",
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      "text": "Adj. EBITDA/GMV margin improved by +2.0 pp in H1'23 compared to the same period previous year, implying an adj. EBITDA uplift of ~€250m YoY. We are now in a strong position to invest into efficient growth",
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