German on-demand delivery giant Delivery Hero is pulling its food delivery service out of Germany again. At the same time it has announced it will exit the Japanese market, by divesting Foodpanda ...

Uber Technologies on Tuesday announced that it will acquire Delivery Hero’s Foodpanda food delivery business in Taiwan for $950 million in cash. The deal, if it goes through, would be one of ...

Under the deal, Uber will take over the foodpanda business in Taiwan for $900 million in cash and purchase $300 million in newly issued shares of Delivery Hero at 33 euros each, a 30% premium to ...

Delivery Hero, whose operations span more than 50 countries, only started in June with the soft launch of its Foodpanda brand in Berlin and then rolled it out to other cities in August.

Delivery Hero reported a 9% bump in revenues to 10.5 billion euros ($11.2 billion) in 2023, and adjusted EBITDA of 253.3 million euros ($271 million).

Uber Technologies Inc. is buying Delivery Hero SE’s Foodpanda business in Taiwan for $950 million, shoring up its control of a key Asian market as it seeks to expand in the region.

Feb 21 (Reuters) - German food delivery company Delivery Hero (DHER.DE), opens new tab said on Wednesday that the ongoing talks for the potential sale of its foodpanda business in selected markets ...

Foodpanda Logistics Philippines, the brand name of Delivery Hero Logistics Philippines Inc., said it has given over P2.5 million in relief aid to over 5,000 of its partner riders coming from areas hit ...

The Berlin-based food-delivery service said Ola has agreed to invest $200 million in Foodpanda India. Delivery Hero’s Indian business contributed 1.9% of total segment revenue for the first nine ...

Additionally, Delivery Hero is pioneering quick commerce, the next generation of e-commerce, aiming to bring groceries and household goods to customers in under one hour and often in 20 to 30 minutes.

Delivery Hero, whose operations span more than 50 countries, only started in June with the soft launch of its Foodpanda brand in Berlin and then rolled it out to other cities in August.