Saturday, November 9, 2024

Delivery Hero

Prosus’ new CEO eyes collaboration opportunities between Swiggy and Delivery Hero

Leadership
Prosus' soon-to-be CEO, Fabricio Bloisi, sees potential for collaboration and synergy between portfolio companies Swiggy and Germany's Delivery Hero. Prosus holds the largest stake in Swiggy, owning 32% of the startup. Additionally, it has played a significant...

Uber to acquire Foodpanda’s Taiwan business for $950 Million

News
Uber Technologies has announced that it will be acquiring Delivery Hero's Foodpanda delivery business in Taiwan for $950 million in cash. Pending regulatory approval and other standard closing conditions, the deal is slated to be completed in...

Delivery Hero calls off Foodpanda sale in Southeast Asia

News
Delivery Hero has halted discussions regarding the potential sale of its Foodpanda business in certain Southeast Asian markets. The German-based online food ordering platform was...

Delivery Hero to shut down tech hubs in Turkiye and Taiwan, re-evaluates workforce in Berlin

News
Germany-based online food delivery company Delivery Hero is set to close its global tech hubs in Turkiye and Taiwan. Additionally, the company is considering reducing...

Chinese delivery giant Meituan eyes major expansion with potential acquisition of Foodpanda

News
Meituan, the prominent Chinese delivery company, is reportedly considering the possibility of acquiring the Foodpanda delivery business in Southeast Asia. This move is part...

Online food ordering giant Delivery Hero anticipates continued growth acceleration throughout 2023

News
Delivery Hero, the German online food ordering and delivery company, has predicted single-digit percentage growth in gross merchandise value (GMV) for 2023. This forecast...

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