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UBER AND DELIVERY HERO
Prosus considering raising Delivery Hero stake in bid to thwart Uber takeover: ReportDutch tech investor Prosus is looking to buy more shares in Delivery Hero. This move aims to block a takeover bid from Uber. Prosus already...- 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...
- Uber said to study full takeover of European rival Delivery HeroThe ride-hailing giant this week disclosed it had boosted its stake in Frankfurt-listed Delivery Hero. It’s working with advisers to study ...
- Uber to acquire additional 4.5% stake in Delivery Hero: FTUber is set to acquire an additional 4.5% stake in rival Delivery Hero, purchasing approximately 270 million euros ($318.1 million) worth o...
- Robots, drones could slash global food delivery costs to $1 per order, Barclays saysAutonomous food delivery robots and drones could cut costs by several dollars to as low as $1 per order, a shift that could unlock billions...
- Uber seeks Turkish blessing to buy Getir Food from Mubadala, sources sayA sale of Getir Food would mark another step in the exit from Turkey of Mubadala, Abu Dhabi's $330 billion sovereign wealth fund, and would...
- Zomato joins delivery platforms coalition to drive green vehicles adoptionThe coalition's founding charter unites members to dramatically speed up the implementation of zero-emission deliveries by shifting to elec...
- Prosus wins conditional EU antitrust nod for Just Eat Takeaway dealProsus, which is majority owned by South Africa's Naspers, announced the deal in February, banking on its artificial intelligence capabilit...
- Prosus set to win EU nod for $4.74 billion Just Eat deal, sources sayProsus, which is majority owned by South Africa's Naspers, announced the deal in February, banking on its artificial intelligence capabilit...
- Uber to buy controlling stake in Turkey's Trendyol GO food delivery business for $700 millionThe stake purchase from Turkish e-commerce firm Trendyol Group gives Uber control of a platform that serves customers nationwide, deliverin...
- Amazon India gets funds; IT margins hitAmazon has ploughed fresh funds in its Indian marketplace entity. This and more in today’s ETtech Top 5.
- Delivery Hero in $1.25 billion deal with Uber for Foodpanda Taiwan sale, investmentUber will pay $900 million in cash to take over Foodpanda business in Taiwan. Delivery Hero will issue 8.42 million additional shares, whic...
- Temasek unit picks up 1.14% stake in Zomato for Rs 607.60 croreAfter the changing of hands of Zomato shares, Temasek now holds a combined 4% stake in the Gurugram-based company. It bought a 2.86% stake ...
- 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.
- Germany's Delivery Hero takes 5.09% stake in rival DeliverooOnline food platforms such as Delivery Hero, Deliveroo, Uber Eats and Just Eat Takeaway.com have benefited from a surge in demand during pa...
- 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.
- 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.
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