NewsAnchor
NewsAnchor
Grapevine

Delivery Hero Plans IPO of Middle East Unit Talabat in Dubai

  • Delivery Hero to list Talabat on Dubai Financial Market in Q4
  • Company to sell existing shares while retaining majority stake
  • Middle East sales up 31% in Q2, outpacing other regions
  • Analysts suggest IPO proceeds could be used to reduce debt
  • Talabat's GMV reached 5 billion euros last year, serving multiple Middle Eastern countries

Source: Reuters

Post image
2mo ago2K views
Discover more
Curated from across