Delivery Hero

Delivery Hero Sees Single-Digit GMV Growth In 2023

Delivery Hero has forecast single-digit percentage growth in 2023 gross merchandise value (GMV) against a challenging comparison period after parts of Asia...

Delivery Hero Ramps Up Interest Payments To Raise €1bn Convertible Bond

Germany's Delivery Hero is offering investors significantly higher interest payments than it has done historically to raise €1 billion through a new s...

Delivery Hero Reports 2022 GMV Below Expectations

Online takeaway food company Delivery Hero has reported slightly lower-than-expected gross merchandise value (GMV) for 2022, citing foreign currency effect...

Delivery Hero's Glovo To Lay Off 250 Employees Worldwide

Spain's Glovo, part of Germany's Delivery Hero, said it planned to lay off 250 workers globally, citing a drop in orders and inefficiencies after the COVID...

Spain Fines Delivery Hero's Glovo Over Hiring: Source

Spain's Labour Ministry has fined Glovo, the local business of Germany's Delivery Hero, €56.7 million for allegedly violating laws on hiring riders, a...

European Food Delivery Shapes Up With Getir's Gorillas Buy

Grocery-in-minutes company Getir's $1.2 billion deal to buy rival Gorillas is an important step toward consolidation in Europe's food delivery ma...

Delivery Hero Shares Soar On Upbeat 2023 Outlook, Profit Focus

Delivery Hero shares rose as much as 12% on Thursday after the loss-making German takeaway food company forecast a positive adjusted core profit margin for...