Delivery Hero SE

Regulatory Action

CCCS issued set of interim measures directions on Grab’s possible acquisition of Delivery Hero’s business in Singapore

The IMDs ceased to have effect from Feb 23, following information that the possible transaction had been abandoned.

Company in the news

Delivery Hero says talks to sell Foodpanda have failed

Business in Asia, Delivery Hero’s largest market, has stagnated since pandemic-era lockdowns eased.

Company in the news

Delivery Hero-backed Flash Coffee exits Singapore to cut costs

Launched in 2020, Flash Coffee opened at least 20 stores in Singapore and quickly expanded across SEA, Hong Kong and South Korea.

Company in the news

Delivery Hero-backed Flash Coffee exits Singapore to cut costs

Launched in 2020, Flash Coffee opened at least 20 stores in Singapore and quickly expanded across SEA, Hong Kong and South Korea.

F&B sector

Foodpanda’s owner confirms negotiations regarding potential sale in selected Southeast Asian markets

Grab, one of Foodpanda's competitors is Singapore, is considered to be interested in the sale.

Startups, Entrepreneurs, Digital economy

Delivery hero nears agreement to buy Woowa in US$4 bil deal

(Dec 13): Delivery Hero SE has agreed to buy control of Woowa Brothers Corp in a deal that values the operator of South Korea’s biggest food-delivery app at US$4 billion ($5.4 billion).
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