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Delivery Hero plans Dubai IPO of Middle East unit

TMT

30 August, 2024

Delivery Hero plans Dubai IPO of Middle East unit

Delivery Hero is preparing an initial public offering (IPO) of its lucrative Emirati subsidiary Talabat on the Dubai stock exchange, ......

Delivery Hero buys minority stake in grocery delivery startup Gorillas

TMT

19 October, 2021

Delivery Hero buys minority stake in grocery delivery startup Gorillas

Delivery Hero said on Tuesday it had invested $235 million in the Berlin-based grocery delivery company Gorillas, amid a boom ......

Zomato offloading UAE business, marks close of funding round

TMT

04 March, 2019

Zomato offloading UAE business, marks close of funding round

Food-tech unicorn Zomato Media Pvt. Ltd has inked an agreement to sell its UAE business to Delivery Hero while also ......

Naspers-backed Delivery Hero leads Zomato's new funding round

TMT

28 February, 2019

Naspers-backed Delivery Hero leads Zomato's new funding round

Online restaurant discovery and food delivery platform Zomato is raising around $62.25 million (Rs 440.86 crore) in a fresh funding ......

Zomato looks to sell UAE biz; Multiples PE, ICICI Venture eye Torrent brands

General

31 January, 2019

Zomato looks to sell UAE biz; Multiples PE, ICICI Venture eye Torrent brands

Online food delivery and restaurant discovery company Zomato Media Pvt. Ltd is seeking to sell its business unit in the ......

Tracing Rocket Internet's exits in India

TMT

26 December, 2017

Tracing Rocket Internet's exits in India

The two-year-long efforts of Rocket Internet, the German venture capital firm-cum-startup incubator, to sell off Foodpanda India came to fruition ......

Why Ola's Foodpanda buy is unlikely to challenge Swiggy, Zomato dominance

TMT

26 December, 2017

Why Ola's Foodpanda buy is unlikely to challenge Swiggy, Zomato dominance

Ride-hailing firm Ola’s second shot at the food business after acquiring the Indian business of Foodpanda is undoubtedly the most ......

Ola to acquire Foodpanda India, invest $200 mn

TMT

19 December, 2017

Ola to acquire Foodpanda India, invest $200 mn

Homegrown cab-hailing major Ola has agreed to acquire the Indian business of food delivery platform Foodpanda from its Germany-based parent ......

Naspers ups stake in Foodpanda parent Delivery Hero

TMT

28 September, 2017

Naspers ups stake in Foodpanda parent Delivery Hero

South African media firm Naspers increased its investment in online food takeaway firm Delivery Hero on Thursday, buying half the ......

Consolidation in food-tech space signifies maturity: Foodpanda's Saurabh Kochhar

TMT

16 June, 2017

Consolidation in food-tech space signifies maturity: Foodpanda's Saurabh Kochhar

Consolidation signifies maturity and progression and may even be a harbinger of profitability, Foodpanda India CEO Saurabh Kochhar told delegates ......