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Delivery Hero CEO Says Talabat IPO Reveals Undervaluation of Parent Company

Delivery Hero CEO Says Talabat IPO Reveals Undervaluation of Parent Company
6 months ago

In a recent statement, Delivery Hero’s Chief Executive Officer, Niklas Östberg, emphasized that the initial public offering (IPO) of its Middle Eastern subsidiary, Talabat, has unveiled a significant disparity in market valuation between the German parent company and its assets. This comment comes in the wake of Talabat's successful public offering, which has heightened discussions about Delivery Hero's stock performance and overall market presence.

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