Insulated food bags branded with the logo of Foodpanda, a meal-delivery service operated by Delivery Hero, sit at the company’s operations center in Bangkok, Thailand, on Friday, March 16, 2018. Bloomberg | Bloomberg | Getty Images German food delivery giant Delivery Hero announced it has ended negotiations with an undisclosed third party regarding the potential … Read more
Delivery Hero CEO Niklas Östberg speaking at the Noah tech conference in Berlin on June 13, 2019. Krisztian Bocsi | Bloomberg via Getty Images Delivery Hero shares sank Monday morning, extending losses from last week, as investors reacted to preliminary financial results released by the company. Shares were down 8% at one stage during the … Read more
A Deliveroo rider near Victoria station in London, England, on March 31, 2021. Dan Kitwood | Getty Images Shares of German food delivery company Delivery Hero fell to a record low Tuesday after announcing it was selling its minority stake in rival firm Deliveroo. Delivery Hero said late Monday that it would sell 68 million … Read more
