Shares of German parent Delivery Hero fall 13% in reaction to news
PUBLISHED : 2 Feb 2024 at 18:00
Grab and Foodpanda riders wait for pedestrians at a crossing in Bangkok. (Photo: Nutthawat Wichieanbut)
Shares of the German food delivery group Delivery Hero fell as much as 13% on Friday, the most since May 2022, after a report that a deal to sell part of its Foodpanda business in Southeast Asia had fallen through.
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