Delivery Hero SE
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- L. Niklas Oestberg
- Full Time Employees
- 42,711
- Sector
- Consumer Cyclical
- Industry
- Specialty Retail
- Address
- Oranienburger Strasse 70 Berlin Germany 10117
- IPO Date
- May 9, 2018
- Website
- deliveryhero.com
- Similar Companies
- Business
- Delivery Hero SE operates as a German multinational online food ordering and delivery platform, providing a broad range of products and services including food delivery, quick commerce, and advertising services. Its core offerings encompass facilitating food orders through its applications, partnering with over 500,000 restaurants, and managing logistics and delivery operations featuring delivery by motorcycles, bicycles, and cars. The company operates in more than 60 countries spanning Europe, Asia, Africa, Latin America, and the Middle East, with notable brands including Foodora, Glovo, Yemeksepeti, and Foody. Founded in 2011 and headquartered in Berlin, Germany, Delivery Hero has expanded its services beyond food delivery into the quick commerce space, which involves rapid delivery of small batch orders within an hour. Recent significant developments include Delivery Hero's strategic decision to sell its foodpanda delivery business in Taiwan to Uber for $950 million in cash, a transaction expected to close in the first half of 2025. Alongside this, Uber agreed to acquire $300 million in newly issued ordinary shares of Delivery Hero. This divestment marks a focused reallocation of resources to other impactful regions within Delivery Hero’s global footprint. Furthermore, Delivery Hero completed the $4 billion acquisition of South Korea's Woowa Brothers Corp. in 2021 and increased its stake in the Latin American on-demand delivery company Rappi, underpinning its expansion strategy. The company also acquired an additional 39.4% stake in Glovo by mid-2022, solidifying its majority control in the European food delivery market. Delivery Hero operates primarily in the local delivery industry, targeting consumers, restaurants, and retailers needing efficient delivery and quick commerce solutions. Its operations cover various markets with distinct regional brands: Foodora services several European countries including Austria, Finland, and Sweden; Glovo operates in Southern and Eastern Europe; Yemeksepeti is dominant in Turkey; Foody serves Cyprus; and additional services cover extensive parts of Asia, Latin America, and the Middle East. As a technology-driven platform, Delivery Hero integrates marketplace operations with delivery logistics, leveraging digital innovation to expand its service offerings globally. The company is publicly listed and maintains a strong presence in fast-growing urban markets worldwide.
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Uber raises Delivery Hero stake, increasing takeover odds
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US bank says Delivery Hero shares have further to run as Uber and DoorDash circle the Berlin-based group
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Delivery Hero shares rise 10% as rival Uber mulls another takeover bid
Uber weighing higher bid for Germany's Delivery Hero: report