From July 2018, Delivery Hero held a minority share in Glovo — going on to acquire sole control in July 2022, per the Commission, which noted that this is the first investigation it has ...

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 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 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 cut its full-year revenue forecast to between 9.0 billion and 9.5 billion euros ($9.14 billion-$9.65 billion) from a previous range of 9.5 billion to 10.5 billion.

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 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 delivers approximately 400,000 orders per day. With a business of this scale, during such uncertain times, it was imperative for the company to balance customer satisfaction and ...

Delivery Hero SE plans to buy back around €1 billion ($1 billion) of bonds using proceeds from the recent public listing of Talabat, its Middle Eastern unit.

It exited the Middle East at the same time. Offloading its LatAm operations to Delivery Hero now will leave it with 14 markets — and a fuller focus on Southern and Eastern Europe.

Delivery Hero’s apps processed 1.4 billion orders in the first half of its 2021 fiscal year, a hefty 83% increase compared with the same time 12 months earlier.