Logistics Initiative

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20VC Disclosure

Delivery Hero lost $6M on its first logistics initiative before rebuilding

“The first initiative we did, we lost six million. It looked terrible. And most people have probably given up there, but we shut down that company and rebuilt it again and invested the 1000 of million in logistics.”

Niklas Östberg Mar 12, 2025 ▶ 9:45 Niklas Östberg, Founder @ Delivery Hero: Competing with Uber and Doordash in a Capital Arms Race · 20VC with Harry Stebbings

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Logistics Initiative

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Turn any episode into a week of clips.