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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