Delivery Hero announces $1.5bn financing syndication
The proceeds will be used for the potential refinancing of convertible debt at maturity and working capital.
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Delivery Hero registers 89% surge in 2021 revenues
The company’s annual GMV stood at $40.2bn (€35.4bn), surpassing its own guidance.
Freshly Chopped to open restaurants in six new countries
FFF will hold Freshly Chopped’s master franchise rights until 2032.
Delivery Hero to downsize Foodpanda’s German reach; offload Japan arm
The company has identified new potential markets with better ROI and new verticals.
Delivery Hero agrees to sell Delivery Hero Korea for $687m
By divesting the South Korean unit, Delivery Hero intends to obtain regulatory approval for Woowa Brother acquisition.
How to attract German travellers in the ‘new normal’
As the largest outbound source market globally in 2020, German travellers will be attractive to tourism-related organisations.
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Delivery Hero launches new programme to reduce plastic waste
The programme is Delivery Hero’s first global initiative for minimising carbon emissions produced by plastic packaging.
Choco raises funding to create sustainable food supply chain
Choco intends to improve transparency in the food supply chain to help increase margins in the foodservice sector.