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Delivery Hero

Zomato to sell UAE food delivery biz for US$ 172 mn

Online restaurant guide and food ordering firm Zomato will sell its UAE food delivery business to Germany-headquartered Delivery Hero Group for about US$ 172 million (nearly Rs 1,220 crore), one of the company's largest shareholders Info Edge said Monday.According...

Ola acquires Foodpanda India from Delivery Hero, to pump $200 mn into the biz; CEO Saurabh Kochhar steps down

Ola, one of India’s most popular mobility platform, announced its partnership with Germany based Delivery Hero Group, a leading global online food ordering and delivery marketplace. This deal includes the transfer of Foodpanda’s India business to Ola in an acquisition deal in...

Delivery Hero buys Kuwait-based Carriage

Berlin-headquartered Delivery Hero has agreed to acquire Carriage, the food delivery platform based in Kuwait. Founded by CEO Abdullah Jihad Almutawa, CFO Musab Jihad Almutawa, COO Khaled Youssef Alqabandi, and CTO Jonathan Lau, Carriage currently operates in the Gulf Council...

foodpanda raises € 387 million from Naspers

foodpanda, India’s leading online marketplace for food delivery has shared that Naspers, a global Internet and entertainment group and one of the world’s largest technology investors, is investing EUR 387 million (US $431.45 million) into parent company Delivery Hero,...

Takeaway startup Delivery Hero raises €387 million from Naspers

Online food takeaway firm Delivery Hero, one of Europe’s biggest start-ups, has raised 387 million euros by issuing new shares to South African media and e-commerce firm Naspers. This investment will help fuel Delivery Hero's growth plans. Naspers will also...

Berlin-based Delivery Hero acquires Foodpanda

Rocket Internet-backed Foodpanda is being acquired by Delivery Hero. The financial terms of the transaction haven’t yet been disclosed but the deal is expected to close prior to the end of this year, before 31st December. The deal brings together two...
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H&M opens 61st India store in Pune

The new H&M store is located at Kopa Mall.New Delhi: Swedish fashion brand Hennes & Mauritz (H&M) has opened...
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