Technology - Delivery Hero

Delivery Hero Expects Food Delivery Business Breakeven In Second Half Of 2022

Germany's Delivery Hero SE expects its food delivery business to break even during the second half of 2022, as demand soars with more people eating in sinc...

Delivery Hero Acquires Majority Stake In Spain's Glovo

German food delivery group Delivery Hero has signed an agreement to acquire about a 39.4% stake in Spanish delivery app Glovo.

Delivery Hero Invests €200m In Berlin-Based Gorillas

Delivery Hero has announced that it has invested €200 million in the Berlin-based on-demand delivery startup Gorillas Technologies. The investment...

Delivery Hero Lowers Margin Guidance, Eyes More Investments

Delivery Hero is considering notching up its investments beyond the initial plan, as it seeks to ride the first-half momentum to win more market share, the...

Deliveroo CEO Views Delivery Hero Stake As A 'Financial Investment'

The chief executive of food delivery platform Deliveroo said he had not had any talks with his counterpart at Delivery Hero since the German company took a...

Germany's Delivery Hero Takes Stake In UK Rival Deliveroo

Germany's Delivery Hero has taken a 5.09% stake in online food delivery rival Deliveroo, which has driven the UK-based company's share price to its highest...

Glovo Plans To Remain Independent As Q1 Revenue Jumps

Spain's delivery app Glovo wants to remain independent as it considers going public in around three years, its chief executive said, ruling out merging wit...

Meal-Kit Firm HelloFresh Lowers Expectations For Full Year

German meal-kit delivery firm HelloFresh has said that it no longer expects to break even in the fourth quarter of this year as it plans to invest margin p...

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