Germany’s Delivery Hero takes 5.1% stake in rival Deliveroo
Germany’s Delivery Hero (DHER.DE) has taken a 5.09% stake in online food delivery rival Deliveroo (ROO.L), driving the British company’s share price to its highest since listing on the stock market in March.
SoftBank sells one-third of its stake in Uber!
According to reports, SoftBank, a technology investment firm, is selling roughly one-third of its stake in Uber. SoftBank is selling approximately $2 billion (£1.44 billion) in shares to help offset losses from its investments in Chinese ride-hailing company Didi and other ventures. Didi’s stocks have plummeted in value since its debut in the US market […]
