Berlin, 21 February 2024 – Delivery Hero SE (“Delivery Hero”, the “Company” or the “Group”), the world’s leading local delivery platform, today announced that it has terminated discussions with the main negotiating counterpart regarding a potential sale of its foodpanda business in selected Southeast Asian markets covering Singapore, Malaysia, the Philippines, Thailand, Cambodia, Myanmar and Laos.
When reconfirming ongoing discussions on February 2, 2024, Delivery Hero remained optimistic that it would reach agreeable terms for signing with the main negotiating…