83 stories found
Corby Spirit and Wine and Delivery Hero have released their latest quarterly earnings updates, providing management commentary on revenue performance and strategic initiatives. Both companies addressed market conditions and operational outlooks during their respective investor presentations.
Food delivery giant Delivery Hero upgraded its financial guidance, citing stronger-than-expected user engagement and expansion in key international markets.
Uber is reportedly set to acquire Germany-based food delivery service Delivery Hero in a deal valued at $14.8 billion, expanding its global delivery footprint. A Yahoo article confirms this acquisition, detailing the $14.8 billion transaction.
Uber is reportedly in a $15 billion deal to acquire Delivery Hero, signaling a significant move in the food delivery market.
Uber has announced its acquisition of German food delivery company Delivery Hero for $14.8 billion. This deal is set to make Uber the largest food delivery player globally outside of China.
Uber is reportedly in a $15 billion deal to acquire Delivery Hero, a move that would create a global giant in the takeout and food delivery industry. This acquisition signifies a major consolidation in the competitive market.
Delivery Hero, the multinational company that owns Glovo, has confirmed advanced negotiations regarding a potential takeover bid from Uber.
Uber's efforts to acquire parts of Delivery Hero's Middle East business face a new challenge as Riyadh-based start-up Ninja is reportedly considering making its own bid.
Uber's pursuit of Delivery Hero is reportedly facing a challenge from investment group Prosus, which has held talks with other shareholders to strengthen its bargaining position.
Uber has purchased Aspex's stake in Delivery Hero, further increasing its ownership in the company amidst an ongoing takeover bid. This acquisition values Delivery Hero at €12 billion.
Uber Eats is reportedly planning a new offer for German food delivery giant Delivery Hero, intensifying competition in the sector, with DoorDash and Prosus also showing interest.
The European Union is reportedly planning a significant fine against Google, while also addressing issues such as agricultural subsidy fraud, reviewing free trade agreements, and discussing responses to industrial policies and migration challenges.
Delivery Hero's stock price surged as the market anticipates a potentially higher takeover offer for the company.
Uber has made an indicative offer of €33 per share to acquire the German food delivery company Delivery Hero, which Delivery Hero has confirmed. This move follows reports of Uber and DoorDash sounding out investors for a potential takeover bid.
Uber has acquired an additional stake in Germany-based Delivery Hero, the parent company of South Korean food delivery app Baemin, making Uber its largest shareholder.
A German business ticker reported that Hornbach gained market share, the Bundeswehr plans a €1 billion truck order from Rheinmetall, Uber became Delivery Hero's largest shareholder, and Commerzbank advised against a Unicredit offer.
Delivery Hero's shares experienced a significant jump following the announcement that Prosus agreed to sell its stake in the company for $395 million.
Niklas Östberg, the Chief Executive Officer of Delivery Hero, has announced his intention to step down from his position by March 2027.
The founder of Delivery Hero has announced his departure from the CEO position, leading to an 18 percent surge in the company's stock.
Investor Aspex is increasing its influence at Delivery Hero, putting pressure on founder and CEO Niklas Östberg over the food delivery service's low profitability.
Uber has increased its stake in the food delivery company Delivery Hero by acquiring a 4.5% share from Prosus for $318 million. This deal strengthens Uber's position in the market.
Ecora Resources has released the key highlights from its second-half earnings call, detailing the company's financial performance and strategic updates.
Delivery Hero, the food delivery giant, is forecasting sustained growth for its operations through the year 2026.
Food delivery service Delivery Hero has announced its expectations for sustained growth over the next few years, extending its positive outlook through 2026.
Delivery Hero anticipates continued growth through 2026, signaling a positive outlook for the food delivery platform's future performance.
Grab is set to enter the Taiwanese market through a $600 million all-cash deal to acquire Delivery Hero’s foodpanda business.
Delivery Hero has announced its decision to sell its Taiwan business to Grab, a significant move in the Asian food delivery and ride-hailing market, as reported by the Wall Street Journal.
Food delivery giant Delivery Hero is reportedly facing pressure from an activist investor who is advocating for a potential breakup of the company.
Uber has officially published its formal offer document to acquire German food delivery company Delivery Hero. The announcement follows Delivery Hero's latest earnings report, which showed a wider-than-expected half-year loss as the market assesses the potential acquisition.
The delivery service market is experiencing rapid growth, with major players like Uber and Delivery Hero increasingly focusing on quick commerce. The trend is reshaping customer expectations and could involve Amazon's expanding role in the sector.
14,8 milliárd dollárért vásárolja fel az Foodora-tulajdonos Delivery Herot az Uber, hogy erősítse az ételkiszállítói üzletágát.
Analysts are largely backing Uber's strategic move to acquire Delivery Hero, viewing it as a disruptive and synergistic development. The acquisition is expected to enhance Uber's 'super app' capabilities.
Uber has reached an agreement to purchase Delivery Hero's global food delivery operations in a deal valued at $14.8 billion, aiming to expand its presence in the international food delivery market.
Australia defeated England to win a record seventh Women's T20 World Cup, while FIFA reversed Folarin Balogun's World Cup red card suspension. Other news included Cristiano Ronaldo's final World Cup appearance and Carlos Queiroz leaving his coaching role.
DA Davidson has reaffirmed its 'Buy' rating on Uber Technologies (UBER) following reports of interest in acquiring Delivery Hero.
El gigante de EE.UU. quiere comprar el propietario de Glovo: otro intento de fusión en un sector que busca ser rentable
Reports suggest Uber is considering a bid for food delivery group Delivery Hero, a move that analysts believe would be an unconventional path for Uber to achieve 'superapp' status.
Uber has made an $11.6 billion takeover bid for Delivery Hero and is exploring options to enhance its offer after initial investor rejection. Other companies like DoorDash are also reportedly interested in the Berlin-based food delivery group.
Delivery Hero shares surged after reports of Uber's $11.6 billion takeover approach for the food delivery company.
Uber is reportedly weighing a higher bid for the food delivery company Delivery Hero after its initial €11.5 billion offer was rejected. The potential acquisition would mark a significant expansion for Uber in the food delivery market.
Uber is reportedly evaluating a potential takeover of Delivery Hero, a move that could have significant implications for Uber's stock performance and market position.
Uber has increased its investment by acquiring an additional stake in the food delivery service Delivery Hero.
Uber has increased its stake in German food delivery service Delivery Hero, making it the largest shareholder in the company.
The CEO of Delivery Hero, the group that owns Glovo, has resigned due to market pressure, marking the end of an era for the company.
Delivery Hero SE and Galaxy Entertainment have both released their first-quarter financial results. The reports detail their performance for the recent quarter.
Prosus is in the process of selling a portion of its stake in Delivery Hero, with the buyer reportedly having specific opinions on the transaction.
Prosus announced its intention to offload a 4.5% stake in Delivery Hero to Uber for €270 million.
Prosus is reportedly considering the sale of a 10% stake in Delivery Hero to Aspex, according to Bloomberg News.
Delivery Hero, the global online food ordering and delivery service, anticipates sustained growth in its operations and market presence through 2026.
Delivery Hero, the food delivery service, has projected continued growth for its operations over the next two years, extending its outlook to 2026.
Delivery Hero anticipates continued growth through the year 2026, signaling a positive outlook for the food delivery company.
Grab Holdings Limited is set to acquire Delivery Hero’s Foodpanda delivery business in Taiwan, expanding its market presence.
Global food delivery giant Delivery Hero has confirmed the sale of its Taiwan food delivery business, Foodpanda Taiwan, to Grab for $600 million, marking Grab's first expansion beyond ASEAN, as reported by the Wall Street Journal and other sources.
Delivery Hero has announced its intention to sell its Taiwan operations to Grab, marking a significant shift in the Asian food delivery market.
Aspex Management wants strategic review sped up and some businesses sold off
The food delivery platform is leaning heavily on subscription models to retain users and defend market share as it navigates intense industry rivalry and potential acquisition talks with Uber.
Uber CEO Dara Khosrowshahi stated that the company's $14.8 billion acquisition of Delivery Hero's foodpanda business in Taiwan is expected to double Uber's mobility and delivery markets.
Uber Technologies expects its deal with Delivery Hero to unlock 50 million new users and generate $1.2 billion in synergies, significantly expanding its market reach.
Uber has acquired the Berlin-based delivery service Delivery Hero, a move that significantly shifts power dynamics in the globally competitive delivery market and expands Uber's presence.
Uber has announced its acquisition of German food delivery company Delivery Hero for a deal valued in the multi-billions, aiming to become the largest food delivery player globally outside of China.
Uber is reportedly in advanced negotiations to acquire Delivery Hero, a German food delivery company. Delivery Hero has confirmed these discussions regarding a potential takeover offer.
Uber is reportedly weighing the sale of certain Delivery Hero assets as part of its strategy to facilitate a full takeover of the company.
Uber is reportedly considering building a delivery service empire, though a full takeover of Delivery Hero is unlikely. Another investor has now expressed interest, intensifying the bidding war.
Uber Technologies (UBER) is reportedly investigating a possible acquisition of Delivery Hero, signaling a strategic move in the food delivery market.
Uber has made an acquisition offer for Delivery Hero, the parent company of Foodora. This potential acquisition could facilitate Uber Eats' entry into Hungary, positioning it as a major competitor to Wolt.
German business news indicates that export expectations have reached their lowest point in over a year, alongside other economic updates including Uber's bid for Delivery Hero, FMC's share buyback, and a temporary halt to LNG plans in Wilhelmshaven.
Uber Technologies made a takeover bid for Delivery Hero, the parent company of Foodora, which was subsequently rejected. Despite the rejection, Delivery Hero's shares surged to an 18-month high following the news of Uber's interest.
Delivery Hero has disclosed that Uber proposed a takeover bid of €33 per share for the company.
Uber has reportedly increased its stake in the food delivery service Delivery Hero.
Uber has significantly increased its stake in Delivery Hero, making it the largest shareholder in the global food delivery company.
Uber has raised its ownership stake in the food delivery company Delivery Hero.
Berlin-based Delivery Hero is reportedly exploring the sale of Woowa Brothers, the company behind South Korean food delivery app Baemin, as part of a broader strategic restructuring effort.
Niklas Östberg, the CEO of Delivery Hero, is set to resign from his position, with the company beginning a search for his successor amidst pressure from activist investors.
Prosus has completed the sale of a 5% stake in the food delivery company Delivery Hero to Aspex Management for approximately $394 million. This transaction represents a significant divestment for the global investment group.
Uber has expanded its stake in the food delivery company Delivery Hero, while Prosus has simultaneously trimmed its holdings in the same company.
Delivery Hero is under significant pressure from an investor due to declining profits and a challenged CEO, with demands for a stronger regional focus.
Delivery Hero, the food delivery service, has announced its expectation for continued growth through the year 2026, outlining its long-term business trajectory.
Delivery Hero, the global online food ordering and delivery service, anticipates continued growth leading up to and through the year 2026.
Delivery Hero, the food delivery giant, has projected continued growth for its business through the year 2026, signaling a positive outlook for its future performance.
Southeast Asian superapp Grab has announced an agreement to acquire Foodpanda Taiwan from German food delivery firm Delivery Hero for $600 million, marking a significant expansion in the Taiwanese market.
Delivery Hero has confirmed and finalized the sale of its Taiwan business operations to Grab, marking a significant transaction in the Asian delivery market.
Dubai Dolphinarium honours delivery heroes with free show access Khaleej Times