HelloFresh sees U.S. growth opportunities as pandemic triggers eating at home boom

German meal-kit delivery firm HelloFresh HFGG.DE said on Tuesday it was expanding capacity to keep up with a surge in demand for its products in the United States, and sales worldwide more than doubled in the third quarter.

HelloFresh, which considers the United States as its key market, delivers pre-portioned meal ingredients with recipes to subscribers. Like rivals, such as New York-based Blue Apron APRN.N, the company benefited from a surge in orders in recent months as more people cook at home due to lockdowns.

Reuters