Delivery Hero ends talks to sell Foodpanda in Southeast Asia after months of negotiations
Publishing timestamp: 2024-02-22 00:54:51
Summary
Delivery Hero ends negotiations to sell Foodpanda business in selected Southeast Asian markets after talks fell through. CEO believes the region is still positioned for profitable growth despite challenges. Delivery Hero remains open to mergers and acquisitions.
Sentiment: NEUTRAL
Keywords: breaking news: technology, delivery hero se, food and drink, business news, grab holdings ltd, technology,
Source: https://www.cnbc.com/2024/02/22/delivery-hero-terminates-foodpanda-sale-talks-in-southeast-asia.html