Germany Delivery Hero Middle East Business Talabat Plans Dubai IPO to Raise $1 Billion at $12 Billion to $14.5 Billion Valuation, Talabat Founded in 2004 in Kuwait with Delivery Hero Buying Majority Shareholding in 2015
9th November 2024 | Hong Kong
Germany Delivery Hero ($11.4 billion market value) Middle East business Talabat is planning for a Dubai IPO to raise $1 billion at $12 billion to $14.5 billion valuation. Talabat was founded in 2004 in Kuwait, with Delivery Hero buying a majority shareholding in 2015. In 2022, European leading food delivery firm Delivery Hero CEO Niklas Ostberg 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.
“ Germany Delivery Hero Middle East Business Talabat Plans Dubai IPO to Raise $1 Billion at $12 Billion to $14.5 Billion Valuation, Talabat Founded in 2004 in Kuwait with Delivery Hero Buying Majority Shareholding in 2015 “
$10 Billion European Delivery Hero CEO Niklas Ostberg Says Sorry to Shareholders, Stock Price Plunged 30%
12th February 2022 – 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.
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.
Sign Up / Register
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2024 Investment Day
- March 2024 - Hong Kong
- March 2024 - Singapore
- July 2024 - Hong Kong
- July 2024 - Singapore
- Sept 2024 - Hong Kong
- Sept 2024 - Singapore
- Oct 2024 - Hong Kong
- Nov 2024 - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit
