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The Latest Breaking News from Delivery Hero

EU antitrust fines food delivery giants in landmark cartel case

The investigation marks the first-ever EU antitrust case involving a minority shareholding, as well as the first enforcement of EU competition rules concerning labour markets.

Euronews

Prosus launches £3.4bn takeover offer for Just Eat in deal ‘milestone’

Prosus is set to become the fourth largest food delivery group in the world following the takeover.

Evening Standard

Foodpanda delivery service to exit Thailand

Foodpanda will stop operating its platform, food and grocery delivery services in Thailand on May 23, its parent company Delivery Hero announced on Wednesday.

Bangkok Post

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Deliveroo to quit Hong Kong after nine years

The group has agreed the sale of some parts of the business to Delivery Hero’s Singapore-based Foodpanda and will close the remaining operations.

The Independent UK

Just Eat Takeaway.com bought by South Africa’s Prosus in €4bn deal

Food delivery group’s board approves takeover by investor in German rival Delivery Hero

The Guardian - UK

Delivery Firm Glovo Riders In Spain To Become Employees

App-based food delivery firm Glovo's freelance riders in Spain will be hired as employees following pressure from the government to give them labour contracts, its German owners Delivery Hero said Monday.

International Business Times

EU Opens Probe Into Possible Online Food-delivery Cartel

The EU launched an investigation on Tuesday to determine whether online food-delivery companies Delivery Hero and Glovo engaged in anti-competitive practices.

International Business Times

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Comparing 2024 Growth in Uber (UBER) vs. Lyft (LYFT)

The tech industry is witnessing steady growth amid the growing popularity of cloud-based software and the escalating popularity of ride-hailing services. In such a scenario, let’s evaluate the growth potentials of two key players in this space: Uber Technologies (UBER) and Lyft (LYFT). Read on….

StockNews.com

Uber To Buy Delivery Hero's Foodpanda In Taiwan For US$950 Mn

The US giant aims to complete the all-cash acquisition of Foodpanda Taiwan by the first half of 2025, it said in a statement.

International Business Times

Line Man in talks to acquire Foodpanda in Thailand

Food delivery unicorn Line Man Wongnai is in talks to acquire Delivery Hero SE’s Foodpanda in Thailand as it plans for a stock-market debut in the next few years, according to people familiar with the discussions.

Bangkok Post

Dubai delivery workers go on second rare strike this month

Food-delivery workers across Dubai are protesting meager pay and inadequate protections and have walked off the job across the city

The Independent UK

City comment: Could Deliveroo be a tasty takeout target at this price?

Poor old Deliveroo - another week, another new low for the share price.

Evening Standard

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