8 August 2017 - Berlin

Delivery Hero has sold its operations in Georgia

Berlin, 8 August 2017 – Delivery Hero Group (“Delivery Hero”), the leading global online food ordering and delivery marketplace, announced today that it has sold its operations in Georgia to Menu Group (UK) Limited.

Delivery Hero continues to focus on markets with clear leadership positions and the announcement today follows the recent sale of operations in Kazakhstan to Chocofamily Holding (KZ) LLC on 30 April 2017.

The transaction prices were not disclosed.

Both Eastern European markets were operated under the foodpanda brand that Delivery Hero acquired in December 2016.

Niklas Östberg, CEO of Delivery Hero, commented: The teams have done a tremendous job in these countries but our focus is on markets where we achieve a clear leadership and strong market position. Our divestment activities allow us to focus our efforts and resources on the rest of the group where we continue to have significant growth opportunities.”

 

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Media Contact

bodo.braunmuehl 750 x 510

Bodo joined Delivery Hero in 2013. He started as Head of PR, today he is responsible for the company’s corporate communications. Before joining Delivery Hero he worked in the comms area for 20 years, holding various positions in journalism, marketing and PR at companys such as Burda, Springer or Betfair.

Bodo is a graduate of Deutsche Journalistenschule in Munich, and Deutsche Film- und Fernsehakademie Berlin. In addition he holds a Diplom (equiv. to MSc) in Regionalwissenschaften from University of Cologne.

Bodo v. Braunmühl

Corporate Spokesperson