Popular Posts Last 7 days_$type=three$meta=0$snip=0$rm=0$count=9$show=/search/label/Popular

Popular Posts Last 30 days_$type=three$meta=0$snip=0$rm=0$count=9$show=/search/label/Popular

Popular Posts Last year_$type=three$meta=0$snip=0$rm=0$count=9$show=/search/label/Popular

Popular Posts All time_$type=three$meta=0$snip=0$rm=0$count=9$show=/search/label/Popular

Islamophobia_$type=carousel$h=350$show=/search/label/Muslim%20World

Saudi Arabia$type=two$count=2$h=250$space=1$icon=1$m=0$sn=0$rm=0$show=/search/label/Muslim%20World

Iran_$type=three$count=3$h=250$space=1$icon=1$m=0$sn=0$rm=0$show=/search/label/Muslim%20World

Palestine$type=three$author=hide$comment=hide$rm=hide$date=hide$show=/search/label/Muslim%20World

Delivery Hero enjoys smooth start on Frankfurt stock market

SHARE:

FRANKFURT AM MAIN -  German food delivery firm Delivery Hero successfully dipped its first toe into the Frankfurt stock market Friday, in an initial public offering highly anticipated by investors.

Shares shot up from their 25.50 euros starting price to trade at 27 euros ($30.81) just after the market opened at 0700 GMT, before falling back to 26.17 euros by 0830.

The starting price would have valued Delivery Hero at around 4.4 billion euros.

"This is a great day. We want to continue to grow very quickly. This is just the beginning," chief executive Niklas Oestberg told journalists on the trading floor.

Just under 1.0 billion euros of stock was on offer, split between newly-issued shares and existing shares from earlier shareholders.

Created in 2011, the firm claims a presence in more than 35 countries worldwide and 6,000 employees, as well as thousands of delivery drivers.

In 2016, Delivery Hero continued to lose money despite boosting revenue 75 percent to 347 million euros.

The company says that it aims to break even by 2019.

Around 35 percent of Delivery Hero is presently owned by Berlin startup incubator Rocket Internet, itself listed on the Frankfurt stock exchange.

COMMENTS

Name

Ads,5,Afghanistan,67,Africa,17,Americas,4,Animals,36,Asia,178,Australia,9,Austria,3,Bahrain,2,Bangladesh,15,Barcelona,1,Belgium,3,Brunei,1,Business,1225,Canada,2,Catalan,80,China,110,Cuba,3,Egypt,21,Europe,204,Fitness,14,France,22,Germany,32,Headlines,11,Health,168,Hillary Clinton,199,Hong Kong,1,Hungary,1,Iceland,1,India,99,Indonesia,8,International,75,Iran,74,Iraq,69,Ireland,2,Islamophobia,19,Israel,8,Italy,2,Japan,26,Jordan,1,Kenya,5,Kosovo,1,Kuwait,3,Lebanon,2,Libya,2,Lifestyle,301,Lithuania,1,Malaysia,12,Malta,1,Maxico,3,Middle East,109,Muslim World,567,Myanmar,31,Nawaz Sharif,5,Nepal,3,Netherlands,2,New Zealand,8,Niger,1,Nigeria,1,Nobel Prize,81,North Korea,47,Norway,1,Opinion,26,Pakistan,1016,Palestine,35,Philippine,11,Pics,66,Poland,2,Popular,1,Qatar,93,Rohingya,118,Russia,36,Rwanda,1,Saudi Arabia,80,Science,144,Serbia,2,Showbiz,346,Somalia,4,South Africa,1,South Korea,5,Spain,48,Sports,1287,Sudan,1,Sweden,1,Switzerland,2,Syria,104,Taiwan,2,Technology,437,Thailand,4,Today IN History,19,Top News,980,Tunisia,1,Turkey,72,U.S.,260,UAE,21,UK,44,Ukrain,2,Venezuela,4,Videos,75,Vietnam,2,World,4657,Yemen,21,
ltr
item
Muslim Global: Delivery Hero enjoys smooth start on Frankfurt stock market
Delivery Hero enjoys smooth start on Frankfurt stock market
https://2.bp.blogspot.com/-x1TFFji_AZE/WVYbuVWscOI/AAAAAAAAaD8/N1mKQL-Xc1oo7HgOff2RONkejtKT4XxJwCLcBGAs/s640/German%2Bfood%2Bdelivery%2Bfirm%2BDelivery%2BHero.jpg
https://2.bp.blogspot.com/-x1TFFji_AZE/WVYbuVWscOI/AAAAAAAAaD8/N1mKQL-Xc1oo7HgOff2RONkejtKT4XxJwCLcBGAs/s72-c/German%2Bfood%2Bdelivery%2Bfirm%2BDelivery%2BHero.jpg
Muslim Global
http://www.muslimglobal.com/2017/06/delivery-hero-enjoys-smooth-start-on.html
http://www.muslimglobal.com/
http://www.muslimglobal.com/
http://www.muslimglobal.com/2017/06/delivery-hero-enjoys-smooth-start-on.html
true
616431133175714168
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy