Naspers invests EUR 387 mln in Delivery Hero

Friday 19 May 2017 | 09:24 CET | News
Naspers said it be investing EUR 387 million for a minority stake in Germany-based Delivery Hero, a global online food ordering and delivery marketplace, at a valuation in line with Delivery Hero's previous valuation. Naspers will also be represented with one member on Delivery Hero's Supervisory Board. Delivery Hero processed 171 million orders in 2016, up 65 percent from the previous year, positioning it as the leading online food and delivery marketplace in most of the more than 40 countries in which it operates.

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Categories: Internet
Companies: Naspers
Countries: South Africa
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