Delivery Hero

News Delivery Hero CEO Östberg apologizes to shareholders His company's stock has been in a tailspin since last week. Östberg, however, declared his intention 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 discontinued the Foodpanda brand. However, Delivery Hero is still involved in other markets and is increasing...
Magazine Opinion Billion-dollar deals, scandals and a tenfold unicorn: the 2021 year in review From 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 After Delivery Hero announced it was shutting down its Foodpanda brand in Germany, the company now looks set 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 For months, the start-up has been trying to attract investors for a financing round, and now the Berliners have succeeded: The start-up raises one billion US dollars, Delivery Hero now holds eight percent of Gorillas...
News Gorillas stops expansion in the USA For the time being, the delivery service will not open up a second market in the United States besides New York. A deal with competitor Doordash recently failed because of the growth plans.
News Gorillas said to be worth three billion US dollars The delivery service has apparently raised $950 million in a Series C funding round. Delivery Hero led the round, according to a media report.
News Delivery Hero raises over one billion euros The company announced Thursday evening that Delivery Hero plans to issue convertible bonds to raise capital for its continued growth.
News Delivery Hero about to join Gorillas? The delivery giant is reportedly putting a nine-figure sum into the German unicorn. Good news for Gorillas after another takeover recently fell through.

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