According to the Financial Times, Delivery Hero's board is considering a potential full sale of the company or spinning off its Middle East and South Korea business units through a series of transactions.
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This strategic review could trigger a major structural overhaul for the global food delivery giant. The spin-off plan will focus on its independently operated business units in the Middle East and the South Korean market, where these operations hold significant market share and growth potential. The board is currently weighing several options aimed at maximizing shareholder value and optimizing the company's future strategic direction. Potential transactions may include selling certain regional businesses to strategic investors or executing a spin-off through an independent listing.Market observers have noted that this move may attract the attention of industry competitors, including one particular exchange. Should an overall sale proceed, it could lead to further consolidation within the global food delivery services market. Delivery Hero faces fierce competition and regulatory pressure across many global markets; this strategic review is seen as a critical step for the company to address challenges and refocus on core businesses. A final decision is expected after an in-depth evaluation.
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