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General

Rocket Internet builds up food delivery division

Friday 6 February 2015 | 14:06 CET | News
German startup incubator Rocket Internet has bought a 30 percent stake in Delivery Hero and the holdings of seven other food delivery companies in Asia, plus two more in Europe, TechCrunch reported. The new food delivery assets will all become part of a new division encompassing its on-demand food delivery businesses, called the Global Online Takeaway Group. The Delivery Hero stake is valued at EUR 496 million. The incubator declined to comment on the value of the other seven transactions

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Categories: General
Companies: Rocket Internet
Countries: World
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