Delivery Hero, a German multinational online food ordering and food delivery company, is being pressed by major shareholders to consider a full sale or break-up after a 53% stock drop and persistent financial underperformance. Investors argue that weak free cash flow, rising debt costs, and tight liquidity make asset divestments more urgent, especially after failed attempts to sell units like Taiwan. The most attractive assets for potential buyers such as Meituan, Grab, or Uber are expected to be Korea (Baemin) and MENA (Talabat), which remain Delivery Hero’s strongest-performing regions.
Delivery Hero Shareholders Said to Push for Sale, Divestment