Delivery Hero

Aspex demands Delivery Hero CEO exit and audit over 1.5 billion euro legal risk

Shares in the food delivery company have fallen almost 30% in Frankfurt trading this year

Grab is targeting to complete the migration of users, merchants and drivers to its app by early 2027.

Grab to buy foodpanda’s Taiwan business for US$600 million

The deal marks Grab’s entry into its first market outside South-east Asia

The acquisition would have been one of Taiwan’s largest outside the chip industry, marking a retreat for Delivery Hero from Asia.

Uber disappointed as Taiwan rejects deal for Delivery Hero unit

Uber Technologies said that it remained committed to Taiwan after the island’s antitrust regulator rejected its plan to buy Delivery Hero’s foodpanda business on the island for US$950 million.

The largest food ordering business in the Middle East could sell stock worth more than US$1 billion, Reuters reported earlier this week.

Delivery Hero to list Talabat business in Dubai in December

TALABAT, the Middle East business of Delivery Hero, will list on the Dubai Stock Exchange in mid-December, floating 15 per cent of its issued shares, its German parent said on Sunday (Nov 10), in what...

Founded in 2004 in Kuwait, Talabat has since expanded to serve customers in the United Arab Emirates (UAE), Oman, Qatar, Bahrain, Jordan, Iraq and Egypt, with over six million active customers as of the end of July.

Delivery Hero’s Talabat to launch over US$1 billion Dubai IPO next week: sources

TALABAT, the Middle East business of Delivery Hero, plans to launch its Dubai initial public offering next week, three people familiar with the plans told Reuters, in one of the UAE’s biggest IPOs thi...

Delivery Hero reported third-quarter figures roughly in line with forecasts, reporting 3.2 billion euros (S$4.6 billion) in sales from 12.2 billion euros in gross transactions in the period.

Delivery Hero sees 2024 earnings at low end of previous forecast

DELIVERY Hero tempered profit expectations for the year, a sign of strain in the company’s strategic overhaul in the competitive food delivery market.

Delivery Hero's Middle Eastern unit could help the German delivery company unlock cash upfront and bolster liquidity, analysts say.

Delivery Hero lines up banks for Talabat’s Dubai listing

It plans to list the unit in the fourth quarter, following a pickup in Gulf IPOs