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  "documentTitle": "Delivery Hero | Investor Presentation Deck | 54 slides",
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  "authorName": "Delivery Hero",
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  "presentationDate": "2024-09-01 00:00:00",
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  "notes": "Includes a cohort analysis bar chart, a cohort-based order frequency heatmap, and a time-series line chart for order frequency per active customer.",
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      "text": "New cohorts usually exhibit a higher order frequency than previous cohorts; The cohorts acquired in 2020 and 2021 showed exceptionally stronger first years due to COVID lockdowns",
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      "text": "Note: Cohort refers to customers grouped by the calendar year in which they first placed an order with Delivery Hero. GMV is pro forma and based on Delivery Hero's current perimeter (incl. Glovo and Woowa). FY23 GMV presented in constant currency.",
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      "text": "Our business model is based on highly attractive cohorts",
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