The IPO’s total offering size has been increased to 4,657,648,125 shares, up from the previously announced 3,493,236,093 shares
Delivery Hero
Delivery Hero’s Talabat IPO set to raise $1.5bn ahead of Dubai listing
Talabat’s IPO is expected to be one of the biggest in the UAE this year
Talabat set to deliver 15% of its stake to the public on DFM
UAE delivery platform has been the star performer of parent company Delivery Hero; Subscription period to open on 19 November
Talabat IPO: Delivery Hero announces plans for Dubai stock market listing
The company plans to list talabat on the Dubai Financial Market (DFM) in the fourth quarter of 2024
Brookfield JV scores huge Dubai office deal as Talabat picks new regional HQ
Merex Investment Group signs lease deal with food delivery firm for its new regional HQ
Delivery Hero’s Saudi rival Jahez prices IPO at top of range
Riyadh has been the hottest market for IPOs in the region in recent years, though neighbouring Abu Dhabi and Dubai are also stepping up efforts
Saudi food delivery firm Jahez eyes IPO of up to $2.4bn
Valuation would vault Jahez into the ranks of the biggest start-ups in the Middle East
Delivery Hero fails in another buy as Saudi-based The Chefz mulls options
Negotiations with Delivery Hero started at the beginning of the year
Delivery Hero, Mrsool CEOs clash on how deal talks collapsed
With more than 100,000 delivery staff and 10 million customers in total, Mrsool plans to invest $300 million in the next five years as it increases its presence in Egypt and throughout the Gulf
Video: Delivery Hero CEO Ostberg on $360m deal to buy Dubai’s InstaShop
Berlin-based food-delivery service Delivery Hero has agreed to buy InstaShop at a $360 million valuation to expand in the Middle East and North Africa.
India-based Zomato said to plan exit from UAE business
UAE was the first market outside India that Zomato launched its food delivery business