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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