Delivery Hero Holding GmbH (“Delivery Hero”) announced today the acquisition of Emerging Markets Online Food Delivery Holding S.à r.l. (“foodpanda”). In exchange for all its shares in foodpanda, Rocket Internet SE ("Rocket Internet" or the "Company") received newly issued shares in Delivery Hero increasing its stake in Delivery Hero to c. 37.7% (on a fully diluted basis).
The transaction strengthens Delivery Hero's global leadership position in online food ordering and delivery, with the combined group processing over 20 million orders per month across 47 countries. foodpanda operates in total in 22 countries with market leading positions in 17 of them.
The transaction strengthens Delivery Hero's global leadership position in online food ordering and delivery, with the combined group processing over 20 million orders per month across 47 countries. foodpanda operates in total in 22 countries with market leading positions in 17 of them.
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