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$10 Billion European Delivery Hero CEO Niklas Ostberg Says Sorry to Shareholders, Stock Price Plunged 30%
12th February 2022 | Hong Kong
European leading food delivery firm Delivery Hero CEO Niklas Ostberg has said sorry to shareholders with stock price plunging 30% after announcing cautious estimates for 2022. In his tweet: “Today our share price dropped 30%! I’m truly sorry for all shareholders!? I’m in your boat. We will not change our strategy because of the drop but we will work even harder to prove our investment strategy is going to pay off.” Founded in 2011 in Germany and going public in 2017, today Delivery Hero has a market capitalisation of more than $10 billion. Delivery Hero is one of the world’s leading local delivery platform, working with a large global ecosystem of riders, restaurants, shops and partners. It’s global brands include PedidosYa, fedora, talabat, foodpanda and Baedal Minjok.
“ $10 Billion European Delivery Hero CEO Niklas Ostberg Says Sorry to Shareholders, Stock Price Plunged 30% “
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Delivery Hero
Founded in 2011 in Germany and going public in 2017, today Delivery Hero has a market capitalisation of more than $10 billion. Delivery Hero is one of the world’s leading local delivery platform, working with a large global ecosystem of riders, restaurants, shops and partners. It’s global brands include PedidosYa, fedora, talabat, foodpanda and Baedal Minjok.
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