Delivery Hero has sold its 4.5% stake in British food ordering platform Deliveroo. The Berlin-based company announced the $97 million sale of its 68 million shares in a news release Monday (Jan. 29)
Delivery Hero (ETR:DHER, OTCQX:DLVHF) selling its stake in Deliveroo removes one of the more plausible potential bidders for the takeaway group, suggests broker Shore Capital. A bookbuild process is b
Germany's Delivery Hero (ETR:DHER, OTCQX:DLVHF) has sold its entire 4.5% stake in UK food delivery peer Deliveroo PLC (LSE:ROO), raising £76.8 million. The news sent shares in Deliveroo down 4.7% in
Delivery Hero SE (ETR: DHER) lost to Just Eat Takeaway in Germany – its home market in 2021. But it remains super committed to expanding in Middle East.
Delivery Hero, the German online food delivery company, said Friday it is taking full ownership of its Saudi subsidiary.

Delivery Hero sees 2023 GMV growth of 5-7%

01:42am, Thursday, 27'th Apr 2023
German online takeaway food company Delivery Hero on Thursday forecast single-digit percentage growth in 2023 gross merchandise value (GMV), citing a "promising start" to the second quarter and expect
Delivery Hero is currently trading at -78% from its all-time high. Delivery Hero posted 9.26% YoY gross merchandise value growth in 4Q which is very strong compared to other major services.
Delivery Hero is a company managing food delivery platforms. Technology investor Prosus owns 25% of the company. Delivery Hero's recent trading update contained strong growth numbers considering hard
Germany's Delivery Hero is offering investors significantly higher interest payments than it has done historically to raise 1 billion euros ($1.07 billion) through a new seven-year convertible bond an
Without proper government-led public health initiatives, healthcare expenditures, including insurance and pharmaceutical drugs, can burden individuals and households.
Analysts at RBC Capital have raised their target price for Delivery Hero (ETR:DHER, OTCQX:DLVHF) to €85 from €75 owing to higher EBITDA forecasts, and reiterate an 'Outperform' rating on the Ger

Delivery Hero: On The Path To Profitability

12:49am, Saturday, 26'th Nov 2022
Delivery Hero lowered its guidance for the year, but remains on track to turn adj. EBITDA positive next year. The transparency and commitment to shareholders by CEO Ostberg was a key positive from the
Delivery hero rallied on Friday, extending gains to head for a 30% gain this week, its strongest weekly rise on record, after the loss-making German takeaway food company delivered an upbeat growth ou

Glovo fined $78M for labor breaches in Spain

10:33am, Thursday, 22'nd Sep 2022
Spain's homegrown on-demand delivery app, Glovo — which since the end of last year has been majority owned by Germany's Delivery Hero — has been fined €79 million (~$79M) for breaches of labor l
Delivery Hero is confident it has taken the correct decisions to reach profitability, said the German online food delivery company's chief financial officer on Tuesday.
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