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Niklas Östberg

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  1. 20VC with Harry Stebbings1h 12m

    Niklas Östberg, Founder @ Delivery Hero: Competing with Uber and Doordash in a Capital Arms Race

    Niklas Östberg, Harry Stebbings

    Delivery Hero CEO Max Osberg reflects on past strategic errors, including unsustainable overexpansion in Thailand and missed equity opportunities during the 2018-2019 peak, which contributed to significant capital losses and a subsequent 50% stock decline. The discussion outlines a shifted operational philosophy prioritizing unit economics and internal execution over market share expansion, alongside the successful integration of the Glovo acquisition despite initial accounting losses. Looking ahead, the company plans to leverage robotics and generative AI for efficiency while navigating a challenging European regulatory landscape to achieve long-term profitability across its global portfolio.