Delivery Hero

DGAP-News: Delivery Hero strengthens its global footprint and acquires Glovo's operations in Latin America

Wednesday, September 16, 2020 - 5:02pm

Delivery Hero strengthens its position in Latin America, adding Peru, Ecuador, Costa Rica, Honduras and Guatemala to its current footprint, and further expanding its existing operations in Argentina, Panama and the Dominican Republic

Key Points: 
  • Delivery Hero strengthens its position in Latin America, adding Peru, Ecuador, Costa Rica, Honduras and Guatemala to its current footprint, and further expanding its existing operations in Argentina, Panama and the Dominican Republic
    Berlin, 16 September 2020 - Delivery Hero SE ("Delivery Hero"), the world's leading local delivery platform, today announced it was entering into an agreement with Glovo, an on-demand delivery start-up, to acquire its operations in Latin America for up to EUR 230 million, including a EUR 60 million performance-based earn-out.
  • Out of these countries, Delivery Hero is already present in Argentina, Panama and the Dominican Republic, and the newly acquired assets in these markets will be transferred to Delivery Hero at closing.
  • With the acquisition of Glovo's operations in Peru, Ecuador, Costa Rica, Honduras and Guatemala, Delivery Hero adds five new countries to its Latin American footprint.
  • Niklas stberg, CEO and Co-Founder of Delivery Hero, said: "Latin America is a region with exceptional growth potential for online delivery.

DGAP-News: Delivery Hero acquires InstaShop - a leading online grocery marketplace in MENA - and publishes H1 2020 report

Thursday, August 27, 2020 - 7:00am

Through this acquisition, Delivery Hero continues to complement its position in grocery delivery and emphasizes the importance of q-commerce.

Key Points: 
  • Through this acquisition, Delivery Hero continues to complement its position in grocery delivery and emphasizes the importance of q-commerce.
  • Delivery Hero has acquired all of the outstanding shares of InstaShop based on a valuation of USD 360 million.
  • The acquisition of InstaShop marks the next step in Delivery Hero's quest to pioneer q-commerce - the next generation of e-commerce.
  • Niklas stberg, CEO and Co-Founder of Delivery Hero, said: "I'm delighted to welcome InstaShop to the Delivery Hero family.

Foodora Riders to Receive Compensation In Light of Exit From Canadian Market

Wednesday, August 26, 2020 - 3:39pm

The settlement between the Riders, Foodora Inc., and Foodora's parent company, Germany-based Delivery Hero SE ("Delivery Hero") and the Canadian Union of Postal Workers ("CUPW", which represents Riders in Toronto and Mississauga) will see Delivery Hero make payments to the Riders to compensate them for the termination of their contracts due to Foodora's sudden exit from the Canadian market.

Key Points: 
  • The settlement between the Riders, Foodora Inc., and Foodora's parent company, Germany-based Delivery Hero SE ("Delivery Hero") and the Canadian Union of Postal Workers ("CUPW", which represents Riders in Toronto and Mississauga) will see Delivery Hero make payments to the Riders to compensate them for the termination of their contracts due to Foodora's sudden exit from the Canadian market.
  • The settlement also resolves ongoing labour claims by the CUPW against Foodora Canada and Delivery Hero that were before the Ontario Labour Relations Board.
  • Koskie Minsky had been consulted earlier by several Riders for advice about compensation for them as a result of job losses.
  • Koskie Minsky proceeded to object to Foodora's proposal on the basis that Riders were not being treated as creditors and therefore would not automatically receive compensation.

CUPW and Foodora Canada Reach Settlement for Workers

Tuesday, August 25, 2020 - 2:00pm

The settlement was finalized by the Canadian Union of Postal Workers (CUPW) and Delivery Hero, the parent company for Foodora Canada.

Key Points: 
  • The settlement was finalized by the Canadian Union of Postal Workers (CUPW) and Delivery Hero, the parent company for Foodora Canada.
  • "This settlement shows what happens when workers have unions fighting for them," says Jan Simpson, CUPW National President.
  • Adds Ivn Ostos, Foodora courier and union organizer: "We're happy to see Foodora has acknowledged its workers deserve a settlement.
  • "Foodora may have left Canada, but the workers are part of CUPW," says Simpson.

Canadian Union of Postal Workers, Koskie Minsky, foodora Canada and Delivery Hero announce settlement with riders

Tuesday, August 25, 2020 - 2:00pm

TORONTO, Aug. 25, 2020 (GLOBE NEWSWIRE) -- Today, foodora Inc. (foodora Canada) a subsidiary of Delivery Hero SE (Delivery Hero), the Canadian Union of Postal Workers (CUPW) and representative counsel for former riders of foodora Canada (the riders) announced a settlement with regards to recent disputes around foodoras exit of the Canadian market.

Key Points: 
  • TORONTO, Aug. 25, 2020 (GLOBE NEWSWIRE) -- Today, foodora Inc. (foodora Canada) a subsidiary of Delivery Hero SE (Delivery Hero), the Canadian Union of Postal Workers (CUPW) and representative counsel for former riders of foodora Canada (the riders) announced a settlement with regards to recent disputes around foodoras exit of the Canadian market.
  • Delivery Hero has agreed to fund a settlement payable to representative counsel and the riders in light of foodoras exit from the Canadian market.
  • This settlement will resolve the ongoing claims by CUPW against foodora Canada and Delivery Hero currently before the Ontario Labour Relations Board, and will provide financial compensation to riders across Canada.
  • CUPW filed an unfair labor practices complaint with the OLRB against foodora Canada, Delivery Hero and others on April 29, 2020.

DGAP-News: Delivery Hero enters the DAX - Germany's leading stock market index

Wednesday, August 19, 2020 - 10:04pm

Deutsche Brse has decided to include Delivery Hero in the DAX (Deutscher Aktienindex), the leading stock market index in Germany, consisting of the 30 largest companies by market capitalization and trading volume, listed on the Frankfurt stock exchange

Key Points: 
  • Deutsche Brse has decided to include Delivery Hero in the DAX (Deutscher Aktienindex), the leading stock market index in Germany, consisting of the 30 largest companies by market capitalization and trading volume, listed on the Frankfurt stock exchange
    Following its IPO in June 2017, Delivery Hero considers the inclusion in DAX as an acknowledgement of the company's business model and growth journey
    Delivery Hero will continue to pursue its global leadership ambitions from Berlin, pioneering quick commerce and working towards delivering anything - locally
    Berlin, 19 August 2020 - Deutsche Brse has announced that Delivery Hero SE ("Delivery Hero"), the world's leading local delivery platform, will be included in the DAX (Deutscher Aktienindex).
  • DAX is the leading German stock market index and consists of the 30 largest companies in terms of market capitalization and trading volume, listed on the Frankfurt stock exchange.
  • Niklas stberg, CEO and Co-Founder of Delivery Hero, said: "Delivery Hero just reported strong financial results for the second quarter of 2020, proving that our strategic decisions continue to result in excellent earnings.
  • Emmanuel Thomassin, Chief Financial Officer of Delivery Hero, said: "Operating in over 40 countries, Delivery Hero is a truly global company.

DGAP-News: Delivery Hero raises full-year guidance after record growth in Q2

Tuesday, July 28, 2020 - 7:00am

Delivery Hero's orders almost doubled (+95% YoY) to a record 281 million in the second quarter, far ahead of its peers.

Key Points: 
  • Delivery Hero's orders almost doubled (+95% YoY) to a record 281 million in the second quarter, far ahead of its peers.
  • Niklas stberg, CEO of Delivery Hero, said: "We are proud of the incredible performance in Q2.
  • Emmanuel Thomassin, CFO of Delivery Hero, said: "Even in these unprecedented times, we have seen record growth across Delivery Hero's markets, putting us in a strong place to build out our global leadership position.
  • Delivery Hero continues to expect regulatory approval for the acquisition of South Korean online food delivery platform BDMJ in the second half of 2020.

DGAP-News: Flash Update: Delivery Hero order numbers close to double amidst COVID-19 pandemic

Thursday, July 2, 2020 - 7:02pm

The press release contains forward looking statements, other estimates, opinions and projections with respect to anticipated future performance of Delivery Hero SE ("Forward-looking Statements").

Key Points: 
  • The press release contains forward looking statements, other estimates, opinions and projections with respect to anticipated future performance of Delivery Hero SE ("Forward-looking Statements").
  • These Forward-looking Statements include all matters that are not historical facts.
  • They appear in a number of places throughout this press release and include statements regarding Delivery Hero SE's intentions, beliefs or current expectations concerning, among other things, Delivery Hero SE's prospects, growth, strategies, the industry in which it operates and potential or ongoing acquisitions.
  • No liability whatsoever is accepted by Delivery Hero SE in respect of the achievement of such Forward-looking Statements and assumptions.

Opportunities in the Online Food Delivery Services Market to 2027, with Focus on Key Players Foodpanda, Grub Hub, DoorDash, Delivery Hero, Just Eat Holding Limited and Deliveroo

Wednesday, June 24, 2020 - 7:00pm

DUBLIN, June 24, 2020 /PRNewswire/ -- The "Online Food Delivery Services - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, June 24, 2020 /PRNewswire/ -- The "Online Food Delivery Services - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.
  • The Global Online Food Delivery Services market accounted for $23, 539.40 million in 2018 and is expected to reach $99,725.97 million by 2027 growing at a CAGR of 17.4% during the forecast period.
  • Some of the key factors propelling the market growth are the increasing use of smart phones, changing consumer lifestyles, and the growth of the food and beverages industry.
  • Some of the key players in Online Food Delivery Services Market include Foodpanda, Pizza Hut, Grub Hub, DoorDash, Swiggy, Meituan Waimai, Zomato, Delivery Hero, Just Eat Holding Limited, Deliveroo, Postmates Inc, Takeaway.com, and Ele.me.

Global Market Outlook for the Online Food Delivery Services Market to 2027 - ResearchAndMarkets.com

Friday, June 19, 2020 - 10:16am

The "Online Food Delivery Services - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Online Food Delivery Services - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.
  • The Global Online Food Delivery Services market accounted for $23, 539.40 million in 2018 and is expected to reach $99,725.97 million by 2027 growing at a CAGR of 17.4% during the forecast period.
  • Some of the key factors propelling the market growth are the increasing use of smart phones, changing consumer lifestyles, and the growth of the food and beverages industry.
  • Some of the key players in Online Food Delivery Services Market include Foodpanda, Pizza Hut, Grub Hub, DoorDash, Swiggy, Meituan Waimai, Zomato, Delivery Hero, Just Eat Holding Limited, Deliveroo, Postmates Inc, Takeaway.com, and Ele.me.