German online takeaway food company Delivery Hero on Friday forecast a smaller loss for the year as it shifts its focus more firmly to profitability in the improving competitive environment.
Delivery Hero and Glovo have been targeted for antitrust inspections in the European Union. The European Commission announced today that it has carried out unannounced inspections of a number of onlin

EU Antitrust Regulators Raid Delivery Hero, Glovo

11:53am, Wednesday, 06'th Jul 2022
Germany's Delivery Hero and its Spanish business Glovo were raided by European Union antitrust regulators, the online food ordering companies said Wednesday (July 6).
Food deliverer Delivery Hero will drop out of Germany's blue chip stock index DAX replaced by consumer goods maker Beiersdorf from June 20, stock market operator Deutsche Boerse said on Friday.
As fears of the spread of the COVID-19 pandemic lessen, the food delivery industry continued its swift downturn with the news Tuesday (May 10) that Delivery Hero's share price briefly fell below its 2
Delivery Hero CEO and co-founder Niklas Ostberg sheds light on the competition it faces in the food delivery industry.
German online takeaway food company Delivery Hero said on Thursday it was on track to generate a positive adjusted core profit for its food delivery business as early as this year after a spike in its
Delivery Hero said on Monday it had launched a debt financing syndication equal to 1.4 billion euros ($1.55 billion) with proceeds to be used to bolster its liquidity position.
Delivery Hero SE (ETR:DHER) shares tanked more than 30% when it reported the fourth-quarter results earlier this month. Since then, the stock has been on a free fall and is settling at $43.
Delivery Hero CEO Niklas Östberg said he's "truly sorry for all shareholders" after the food delivery firm's stock price plunged 30% on Thursday.
Germany's Delivery Hero fell more than 31% — its largest decline ever — after the food delivery service published projections for the year that were seen as underwhelming. As Bloomberg News report
European food delivery firm Delivery Hero saw its share price plunge Thursday after announcing earnings guidance that disappointed traders.
(Reuters) -German online takeaway food company Delivery Hero said on Thursday it expected its revenue to grow further in 2022, boosted by extensive investments both in food delivery and its rapidly ex
Norway residents will soon have other ways of getting their meals delivered. Delivery Hero, one of the biggest online food delivery companies in Europe, has been remanded for its exclusivity agreement

Delivery Hero Eyes Profits by Next Year

03:50pm, Tuesday, 11'th Jan 2022
Food delivery platform Delivery Hero is expecting to break even during the second half of this year and become profitable next year, according to a company blog post Monday (Jan. 10). “Delivery Hero
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