Delivery Hero AG (ISIN: DE000A2E4K43) has been listed in the Prime Standard at the Frankfurt Stock Exchange as of today. The issue volume of the IPO was around €996 million. The first price was €26.90, the issue price €25.50.
The IPO was accompanied by Citigroup, Goldman Sachs International and Morgan Stanley with UniCredit, Berenberg, Jefferies and UBS as joint bookrunners. Designated sponsor for Xetra trading is Goldman Sachs International, as the specialist on the Börse Frankfurt venue acts Baader Bank AG.
According to information provided by the company, Delivery Hero is a leading global online food ordering and delivery marketplace with market leading positions in terms of restaurants, active users and orders in more countries than any of its competitors and online and mobile platforms across 40+ countries in Europe, the Middle East & North Africa, Latin America and the Asia-Pacific region. Delivery Hero also operates its own delivery service primarily in 50+ high-density urban areas around the world. The company is headquartered in Berlin and has over 6,000 employees in addition to thousands of employed delivery drivers.