The 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'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 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's CEO Niklas Oestberg will step down by March 2027. This follows pressure from major shareholders for a strategic review. The...

Haryana has increased minimum wages by 35 percent for unskilled workers. This decision follows factory protests and work boycotts by labour...

The ⁠Singapore-based company earlier this year expanded outside Southeast Asia for the first time when it purchased Delivery Hero's Foodpan...

The Taiwan purchase gives ⁠the ⁠Singapore-based company a sizeable delivery foothold beyond Southeast Asia in its pursuit of a broader expa...

The 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.

The group said it has further cemmented its place as a reliable supplier in the global market while bringing suppliers and manufacturers un...

Zomato’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's move is aimed at shoring up capital against Bengaluru-based rival Swiggy.

Foodpanda India was acquired by ANI Technologies, which also owns and operates ride-hailing app Ola, from Delivery Hero Group in a stock de...

The move will also see Ola invest another $200 million, as it takes on rival UberEats and incumbents like Zomato and Swiggy.

The 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 is also acquiring new markets with leading market positions further broadening its geographic footprint, he added.

The deal sees Delivery Hero exiting the Indian food services market to focus more on growth markets such as Latin America and Europe.

Hero group is planning to grow its BPO services into an international operation through this acquisition.