Delivery Hero acquires foodpanda as Rocket Internet shuffles online takeout pack once again

 Rocket Internet has shuffled the online takeout pack of cards once again. This time the publicly-listed German ‘startup factory’ and investor is selling foodpanda to its much larger rival Delivery Hero, of which it also holds a significant stake. A move that should help fatten up Delivery Hero a little more for a long-rumoured planned IPO of its own. Terms of the acquisition… Read More

http://ift.tt/2glyyZJ Delivery Hero acquires foodpanda as Rocket Internet shuffles online takeout pack once again http://ift.tt/2heJ7zk