Delivery Hero to reach food delivery break even by 2nd half of 2022
It also announced that it has sold USD 150 million worth of its stake in the Latin-American delivery company Rappi in a series of transactions.
  • By - Nusra
  • / 3 MIN READ
Food delivery brand Deliveroo sees orders up 114% year-on-year
Deliveroo said it was difficult to know how much of the growth was driven by the lack of opportunity to eat out in cafes and restaurants in COVID-19…
  • By - Nusra
  • / 2 MIN READ
Foodpanda expands its operation in Myanmar
Owned by Delivery Hero, Foodpanda launched Pandamart in 2019 in Singapore.
  • By - Nusra
  • / 2 MIN READ
Zomato raises Rs 441 crore funding from Delivery Hero
This round is likely to value the Gurgaon-headquartered company at about $2 billion. 
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Delivery Hero sees Amazon, Uber squeezing online food market
The company claims to be the market leader in 35 of those countries, although it is battling with Takeaway.com for control of its home market,…
Ola Acquires FoodPanda India Business To Further Invest $200 Million
Ola is focused on diversifying its offerings by making an acquisition in the food delivery segment
Delivery Hero debuts 5.5% above offer price at 26.90 euros
The company had priced its initial public offering (IPO) at the top end of the price range, to raise roughly 1 billion euros ($1.14 billion)
Delivery Hero to sell upto 39 million shares in its IPO
The proceeds from the IPO will be used to help Delivery Hero grow and expand as it looks to take on US tech giants that are entering the takeaway…
?Delivery Hero acquires Kuwait-based Carriage
Kuwait-based Carriage, which operates in the Gulf Council countries, would strengthen Delivery Hero's foothold in a region with significant…
?Delivery Hero raises 387 million euros from Naspers
Berlin-based Delivery Hero, had said last month it could consider an initial public offering (IPO) to raise capital to bulk up and face competition…