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Uber is acquiring Delivery Hero's foodpanda delivery business in Taiwan for $950 million. The deal, announced Tuesday (May 14), is expected to close in the first half of next year and comes as D
Delivery Hero shares rallied Tuesday as the German-listed food delivery company agreed to sell its Taiwan business, and a minority stake, to Uber Technologies.
Uber Technologies announced Tuesday that it will buy the Taiwan unit of Delivery Hero's Foodpanda for $950 million in cash. The deal is part of Uber Eats' strategy to expand in Asia, specifically by s
Uber has finalized a deal to acquire the food delivery operations of Delivery Hero in Taiwan. The $1.25 billion transaction includes a $950 million cash payment for Delivery Hero's Foodpanda brand in
Ride-hailing giant Uber said Tuesday it has reached a deal with Delivery Hero SE to buy its Foodpanda delivery business in Taiwan for US$950 million.
Uber will also separately purchase $300 million in newly issued ordinary shares of Delivery Hero.
Manages a position of approximately 3.6% percent in Delivery Hero SE (“Delivery Hero” or the “Company”), including shares and derivatives Supports Delivery Hero's proposed expansion of its Sup
Delivery Hero SE (OTCPK:DLVHF) Q1 2024 Earnings Conference Call April 25, 2024 8:00 AM ET Company Participants Christoph Bast - IR Niklas Ostberg - CEO Emmanuel Thomassin - CFO Conference Call Partici
A now-abandoned deal between two food delivery giants got the attention of Singapore's competition watchdog. The Competition and Consumer Commission of Singapore (CCCS) said Monday (April 1) that it
Singapore's competition watchdog had looked into the likelihood of the now-collapsed talks between Grab Holdings and Delivery Hero raising worries about competition in the food delivery market, the re
Delivery Hero has terminated negotiations with an undisclosed third party regarding the sale of its Foodpanda business in some Southeast Asian markets.
German food delivery company Delivery Hero said on Wednesday that the ongoing talks for the potential sale of its foodpanda business in selected markets in Southeast Asia have been terminated.
Delivery Hero SE (DLVHF) Q4 2023 Sales/ Trading Statement Call Transcript
Delivery Hero CEO Niklas Ostberg says he is happy to hold onto Delivery Hero's Foodpanda unit "forever," suggesting he's not in a rush to sell.
Shares in Delivery Hero increased on Wednesday after the German food delivery company said it had hit its financial goals for 2023 in posting its first-ever full-year profit.
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