Germany’s Delivery Hero is set to become Glovo’s majority shareholder following a deal to acquire an additional 39.4% stake of the Spanish delivery startup, of which it already held 44%.. We ...

German online food takeaway company Delivery Hero and its Spanish unit Glovo were fined 329 million euros ($376 million) for taking part in a cartel which included an agreement not to poach each other ...

More consolidation in the thin-margin food delivery space: Delivery Hero has announced it’s buying the LatinAm operations of Glovo, a Spanish on-demand delivery app. The German company said ...

Spain's Labour Ministry has fined Glovo, the local business of Germany's Delivery Hero , another 56.7 million euros ($62 million) for allegedly violating laws on hiring riders, a source with ...

Delivery Hero's advanced technology platform, including mobile applications and order management systems, provides a seamless and user-friendly experience for both consumers and restaurant partners.

Delivery Hero delivers approximately 400,000 orders per day. With a business of this scale, during such uncertain times, it was imperative for the company to balance customer satisfaction and ...

Delivery Hero agreed last year to buy Woowa in a buyout that throws it a lifeline in an intensely competitive market. Shares in Delivery Hero rose 3.6% after its statement accepting the decision ...

Publicly traded food delivery company Delivery Hero SE has raised 1.25 billion euros, or about $1.5 billion, through a sale of convertible bonds intended to support growth initiatives.

It's not a stretch to say that Delivery Hero SE's (ETR:DHER) price-to-sales (or "P/S") ratio of 1.3x right now seems quite "middle-of-the-road" for companies in the Hospitality industry in Germany ...

Delivery Hero continues to be significantly leveraged with a net debt of €2.6 billion and a total debt of €5.7 billion (cash at €3 billion). On February 13, 2023, ...

LONDON — Delivery Hero's stock market listing could be exactly what Rocket Internet has been looking for. Rocket Internet, which invests in existing internet companies and builds some of its own ...

Delivery Hero SE and its Spanish subsidiary Glovo run the risk of hefty European Union fines, after antitrust regulators opened a full scale investigation to determine whether the companies may ...