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  "notes": "Includes footnote regarding hyperinflationary economies (IAS 29) and retrospective adjustments.",
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      "text": "Note: YoY growth rates in red are constant currency and in black reported currency. MENA revenues, adj. EBITDA, Gross Merchandise Value (GMV) as well as the respective growth rates are impacted by operations in Lebanon and Turkey qualifying as hyperinflationary economies according to IAS 29. In Q2 2023, GMV & revenues have been retrospectively adjusted with a total impact of €-155.2m and €-19.6m, respectively",
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      "text": "GMV growth accelerating to 21% YoY in CC (Q1 2023: 16% YoY), due to strong customer demand. Improving category position in Saudi Arabia through investments in enhanced service, choice and affordability while strengthening profitability. Advanced customer experience by scaling own-delivery in Turkey and strengthening affordability initiatives. Adj. EBITDA/GMV margin improvement of +140 bps YoY to 2.4% in H1 2023, despite continued investments in growth and leadership across the region",
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