In Asia, where it grew its presence with the acquisition South Korea's largest online food delivery platform Woowa in 2021, it posted a 6.6% fall in GMV. "If opportunities arise along the way, we're happy to look at it and we're happy to consider but that's not the focus," chief executive Niklas Östberg told Reuters in a call when asked if a revised guidance could lead to more acquisitions. The company plans to build better in-app ads on its Glovo brand, available in more than 20 countries such as Spain and Italy, to help restaurants to grow their sales, Östberg added. The company, however, said it expects adjusted core earnings to come at the lower end of its 725 million euros-775 million euros guidance. ($1 = 0.9302 euros) (Reporting by Paolo Laudani and Bernadette Hogg; Editing by Subhranshu Sahu and Janane Venkatraman)