DGAP-News: Delivery Hero AG / Key word(s): Investment
Delivery Hero AG: Naspers increases stake in Delivery Hero

28.09.2017 / 08:02
The issuer is solely responsible for the content of this announcement.


Berlin, 28 September - Delivery Hero Group ("Delivery Hero"), the leading global online food ordering and delivery marketplace, today announced that Naspers increased its stake in Delivery Hero to 23.6 percent by acquiring 22,359,857 shares that were previously held by Rocket Internet.

Naspers is one of the largest internet investors in the world, holding minority stakes in digital players such as Tencent, Mail.Ru or Flipkart.

Niklas Östberg, CEO of Delivery Hero, said:

"We know the Naspers management team for a couple of years and built very close and trustful relationships. They came in as a long-term shareholder, committed to Delivery Hero, committed to the vision and values of our company and management team. We are excited about their willingness to increase their stake as they have seen our business develop."

 

Bob van Dijk, CEO of Naspers, said:

"Delivery Hero is already the leading online food ordering and delivery marketplace in most of the countries in which it operates and our increased investment demonstrates our confidence in the long-term prospects for the company. The food delivery sector is still underpenetrated and growing rapidly across the world. Many markets have experienced significant traction already, but we believe the potential is far greater in high-growth markets than that observed in the West."

The transaction is subject to regulatory approval, will be funded from existing resources, and is expected to close in the first quarter of 2018.

About Delivery Hero

Delivery Hero is the leading global online food ordering and delivery marketplace with number one market positions in terms of restaurants, active users and orders in more countries than any of its competitors and online and mobile platforms across 40+ countries in Europe, the Middle East & North Africa (MENA), Latin America and the Asia-Pacific region. Delivery Hero also operates its own delivery service primarily in 60+ high-density urban areas around the world. The Company is headquartered in Berlin and has over 6,000 employees in addition to thousands of employed delivery drivers.

For more information, please visit www.deliveryhero.com.

WKN: A2E4K4; ISIN: DE000A2E4K43.

 

Media Enquiries

Bodo v. Braunmühl

Head of Corporate Communications

bodo.braunmuehl@deliveryhero.com



28.09.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Delivery Hero AG
Oranienburger Straße 70
10117 Berlin
Germany
Phone: +49 (0)30 5444 59 000
Fax: +49 (0)30 5444 59 024
E-mail: info@deliveryhero.com
Internet: www.deliveryhero.com
ISIN: DE000A2E4K43
WKN: A2E4K4
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange

 
End of News DGAP News Service

613791  28.09.2017 

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