Delivery Hero Shares Climb After New Guidance, Financing - News Summed Up

Delivery Hero Shares Climb After New Guidance, Financing


By Cristina RocaShares in Delivery Hero SE traded sharply higher Monday after the Berlin-based company said it has secured new financing and that it expects its adjusted earnings for next year to be positive. At 0737 GMT, shares in Delivery Hero were up 13% at EUR47.09. Delivery Hero said it had secured financing totaling 1.4 billion euros ($1.55 billion). The food-delivery platform, which a few months ago said it would take majority control of Spain-based peer Glovo, also issued guidance for 2023. Write to Cristina Roca at cristina.roca@wsj.com(END) Dow Jones NewswiresApril 04, 2022 04:12 ET (08:12 GMT)Copyright (c) 2022 Dow Jones & Company, Inc.


Source: Wall Street Journal April 04, 2022 14:38 UTC



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