Delivery Hero

News
Delivery Hero boss Östberg apologizes to shareholders
His company's shares have been flying low since last week. However, Östberg has stated that he intends to stick to his strategy. The head of food delivery service Delivery Hero, Niklas Östberg, has apologized to his...

News
Delivery Hero becomes majority shareholder in Glovo
The DAX-listed company only announced its withdrawal from the German market at the end of 2020 and recently scrapped the Foodpanda brand. However, Delivery Hero is still involved in other markets and is increasing its...

Magazine
Opinion
Billion-dollar deals, scandals and a tenfold unicorn: a review of 2021
From the German Decacorn to a sexist start-up. The year had a lot to offer, a look back at the biggest success stories - and upsets.

News
Foodpanda has to lay off 300 employees
Following Delivery Hero's announcement that the Foodpanda brand in Germany was to be scrapped, the company will now probably have to lay off 300 employees.

News
Foodpanda gives up in Germany
Berlin is to remain the company's only German location. A so-called "innovation center" is to be built there. It is a bitter setback for Delivery Hero.

News
Delivery Hero invests in gorillas
The start-up has been trying for months to attract investors for a financing round, and now the Berliners have succeeded: The start-up has raised one billion US dollars and Delivery Hero now holds an eight percent...

News
Gorillas stops expansion in the USA
For the time being, the delivery service will not enter a second market in the United States in addition to New York. A deal with competitor Doordash recently fell through due to growth plans.

News
Gorillas said to be worth three billion US dollars
The delivery service has apparently raised 950 million US dollars in a Series C financing round. According to a media report, Delivery Hero led the round.

News
Delivery Hero raises over one billion euros
As the company announced on Thursday evening, Delivery Hero intends to issue convertible bonds to raise capital for its further growth.

News
Delivery Hero about to join Gorillas?
The delivery giant is said to be investing a nine-figure sum in the German unicorn. Good news for Gorillas after another takeover recently fell through.
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