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DELIVERY HERO GROUP
ET Prime Special Series: Multibagger or IBC - Part 64: An old 2-wheeler supplier that now earns more from a newer businessAt first glance, this auto ancillary company looks like a conventional two-wheeler supplier. But its business mix tells a wider story. A ne...- Unsaid tale of great girl dads & annoying husbandsA friend, dubbed 'Girl Dad Kabir,' excels at doting on his daughter, mastering her world with visible dedication. However, his wife experie...
- Uber raises stake in Delivery Hero ahead of fresh bid, sources sayThe deal with Aspex comes as Uber is working on a new bid to take over the German food delivery company following an indicative €33-per-sha...
- Global Markets | European shares climb to over two-month highs on Iran-US peace optimismThe pan-European STOXX 600 was up 0.61% at 628.93 points, as of 0712 GMT, trading just shy of a record high touched in late February, just ...
- Uber weighs higher bid for Delivery Hero: FTUber's board met to discuss increasing its offer for Delivery Hero after a major shareholder rejected a bid valuing the German firm at over...
- Delivery Hero confirms takeover offer from UberDelivery Hero said last week its U.S. rival had increased its holding to about 19.5% of issued capital from roughly 7%, becoming its larg...
- Delivery Hero CEO to step down amid strategic review, shareholder pressureDelivery Hero's CEO Niklas Oestberg will step down by March 2027. This follows pressure from major shareholders for a strategic review. The...
- Haryana hikes wages after unrest; auto sector faces cost pressureHaryana has increased minimum wages by 35 percent for unskilled workers. This decision follows factory protests and work boycotts by labour...
- Grab to lean on scale, AI to navigate rising fuel costs, CEO saysThe Singapore-based company earlier this year expanded outside Southeast Asia for the first time when it purchased Delivery Hero's Foodpan...
- Grab to buy Delivery Hero's Foodpanda Taiwan business for $600 millionThe Taiwan purchase gives the Singapore-based company a sizeable delivery foothold beyond Southeast Asia in its pursuit of a broader expa...
- Alibaba Group to sell 26.29 crore Zomato shares on November 30The sale will take place at an offer floor price of Rs 60 per share – a 5.59% discount to Tuesday’s closing price of Rs 63.55 on BSE.
- Hero Motors aims to treble exports, international revenue to Rs 3,000 crore by FY24The group said it has further cemmented its place as a reliable supplier in the global market while bringing suppliers and manufacturers un...
- Delivery Hero buys Zomato’s UAE unitZomato’s decision to sell the UAE business comes at a time when it is in talks to raise $500 million to $1 billion in fresh funds.
- Zomato in talks to sell UAE biz to German co for $200mZomato's move is aimed at shoring up capital against Bengaluru-based rival Swiggy.
- Ola's parent company to park Rs 400 crore to boost Foodpanda India logistics & techFoodpanda India was acquired by ANI Technologies, which also owns and operates ride-hailing app Ola, from Delivery Hero Group in a stock de...
- Ola gains a sizeable entry into food delivery segment with FoodPanda acquisitionThe move will also see Ola invest another $200 million, as it takes on rival UberEats and incumbents like Zomato and Swiggy.
- Foodpanda signs up Shah Rukh Khan as brand ambassadorThe deal has been signed at a time when Foodpanda’s German parent, Delivery Hero, is planning to spend a major chunk of its $431 million fu...
- Delivery Hero Holding GmbH acquires FoodpandaDelivery Hero is also acquiring new markets with leading market positions further broadening its geographic footprint, he added.
- Food delivery service Foodpanda acquires rival TastyKhanaThe deal sees Delivery Hero exiting the Indian food services market to focus more on growth markets such as Latin America and Europe.
- Hero Group buys UK's Dalglen for Rs 320 crHero group is planning to grow its BPO services into an international operation through this acquisition.
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