Delivery Hero

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...

Delivery Hero Sees Higher Gross Merchandise Value In Q3

German online takeaway food company Delivery Hero has forecast a 7% jump in its third-quarter gross merchandise value (GMV) to €10.6 billion ($10...

Delivery Hero Forecasts Smaller Loss As It Shifts Focus To Profitability

German online takeaway food company Delivery Hero forecast a smaller loss for the year as it shifts its focus more firmly to profitability in the improving...