Delivery Hero SE
Deliveroo shares soar to three-year high after U.S. giant DoorDash makes takeover bid
Shares of British food delivery firm Deliveroo jumped to their highest level in more than three years on Monday, after the company confirmed it had received a $3.6 billion takeover offer from U.S. firm DoorDash. Deliveroo first made the announcement after European markets closed on Friday. In a follow-up update Monday, it said it was immediately suspending […]
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Delivery Hero vs. Just Eat? One has 60% upside in a ‘winner-takes-all’ market, says Stifel
Berlin-based Delivery Hero and Dutch multinational Just Eat Takeaway are two companies at the center of the ruthless online food delivery sector. Investment bank Stifel examined both stocks and found that one has significant upside amid a fiercely competitive “winner-takes-all” market. Shares of both companies are traded in the U.S. and across Europe. DHER-DE JET-GB […]
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European food delivery giant Delivery Hero plans IPO of its Middle East unit
BERLIN, GERMANY – SEPTEMBER 04: The Delivery Hero office photographed on September 04, 2020 in Berlin, Germany. (Photo by Jeremy Moeller/Getty Images) Jeremy Moeller | Getty Images Entertainment | Getty Images European food delivery firm Delivery Hero says it plans to spin off its Middle East business Talabat and float it on the Dubai stock […]
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Delivery Hero, Glovo targeted in EU cartel investigation
BERLIN, GERMANY – SEPTEMBER 04: The Delivery Hero office photographed on September 04, 2020 in Berlin, Germany. (Photo by Jeremy Moeller/Getty Images) Jeremy Moeller | Getty Images Entertainment | Getty Images BRUSSELS – EU antitrust regulators on Tuesday launched an investigation into German online food takeaway firm Delivery hero and its Spanish unit Glovo on […]
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European stocks edge higher as investors digest U.S. inflation data; Delivery Hero up 24%
Auto stocks lead gains Auto stocks traded 1.2% higher on Tuesday afternoon, leading gains on Europe’s benchmark Stoxx 600 index. Shares of Sweden’s Volvo Car traded more than 6% higher at 2:45 p.m. London time, while France’s Valeo and Forvia rose 5.5% and 4.7%, respectively. — Sam Meredith Stocks open little changed Stocks opened little […]
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Uber to get Foodpanda’s Taiwan company for $950 million, creating a likely monopoly
TAIPEI, TAIWAN – 2021/07/19: A foodpanda shipping male carrying a experience mask rides past a Taiwanese flag forward of the COVID-19 notify Level 3 restriction raise in Taipei. (Photograph by Walid Berrazeg/SOPA Visuals/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Uber Technologies will purchase the Taiwan business of Shipping Hero-owned Foodpanda for […]
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European markets higher on busy week for central bank action
German industrial production suggests ‘end of stagnation’ Better-than-expected German industrial production figures released Monday suggest “an end of stagnation in the first quarter,” Carsten Brzeski, global head of macro at ING, said in a note. Industrial production rose by 2.1% month-on-month in February, well above the 0.3% growth expected by analysts polled by Reuters. “While sentiment […]
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European markets close lower in lackluster short trading week; Ocado down over 8%
Europe stocks close lower European stocks tumbled Friday, with the benchmark Stoxx 600 index shedding 0.88% with all sectors in the red. Germany’s DAX dropped 1.3%, while France’s CAC 40 was 1.1% lower and the U.K.’s FTSE 100 was down 0.8%. Stock Chart IconStock chart icon Stoxx 600 index. U.S. stocks open Friday in the […]
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European markets close higher as momentum returns; Delivery Hero jumps 15%, Volvo Cars up 7%
Stocks on the move: Delivery Hero up 14%, Ocado down 5% Stock Chart IconStock chart icon Delivery Hero share price. Shares of Germany’s Delivery Hero jumped 14% in late afternoon trade after Bloomberg reported that activist investment firm Sachem Head Capital Management had taken a 3.6% stake in the company and may be seeking a […]
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Supply Hero ends talks to market Foodpanda in Southeast Asia after months of negotiations
Insulated food stuff luggage branded with the logo of Foodpanda, a food-shipping and delivery company operated by Supply Hero, sit at the company’s operations heart in Bangkok, Thailand, on Friday, March 16, 2018. Bloomberg | Bloomberg | Getty Photos German meals shipping large Supply Hero announced it has finished negotiations with an undisclosed third celebration […]
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