EU antitrust regulators are seeking feedback from third parties on Prosus' offer to slash its Delivery Hero stake to below 10 ...

Prosus NV has offered to sell down its holding in Delivery Hero SE to help pave the way for regulatory approvals for its ...

By Foo Yun Chee BRUSSELS (Reuters) -Prosus has offered to slash its Delivery Hero stake to below 10% and give up its board ...

Delivery Hero's advanced technology platform, including mobile applications and order management systems, provides a seamless and user-friendly experience for both consumers and restaurant partners.

Delivery Hero continues to be significantly leveraged with a net debt of €2.6 billion and a total debt of €5.7 billion (cash at €3 billion). On February 13, 2023, the company raised a ...

Delivery Hero SE and its Spanish subsidiary Glovo run the risk of hefty European Union fines, after antitrust regulators opened a full scale investigation to determine whether the companies may ...

Delivery Hero agreed last year to buy Woowa in a buyout that throws it a lifeline in an intensely competitive market. Shares in Delivery Hero rose 3.6% after its statement accepting the decision ...

Delivery Hero SE offers online food ordering and delivery services. The €10b market-cap company announced a latest loss of €3.0b on 31 December 2022 for its most recent financial year result.

Delivery Hero has faced its own share of challenges of late. Earlier in 2021, it relaunched services in its native Germany only to pull the plug last month, ceding to rival Just Eat.

Delivery Hero said in November it would achieve a positive adjusted core profit margin on gross merchandise value (GMV) of more than 0.5% in 2023 for the group, including Glovo.

Delivery Hero has been offloading assets in other markets, too, selling its U.K. business to Just Eat for around $300 million.