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Delivery Hero Is In Talks to Sell Part of Its Asia Business

Delivery Hero Is In Talks to Sell Part of Its Asia Business
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Delivery Hero Is In Talks to Sell Part of Its Asia Business

(Bloomberg) Delivery Hero SE confirmed that it’s in talks to sell part of its business in Southeast Asia, where growth has stagnated since Covid-19 lockdowns eased. Most Read from BloombergVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingFed Set to Pause Rate Hikes, But Don’t Count Out Another IncreaseTrudeau’s Murder Claim Risks Upending US Courtship of IndiaDollar Rally Is Crushing One of the Most Popular Trades of 2023The company is in negotiations to sell the Foodpanda

Line Man in talks to acquire Foodpanda in Thailand

Food delivery unicorn Line Man Wongnai is in talks to acquire Delivery Hero SE’s Foodpanda in Thailand as it plans for a stock-market debut in the next few years, according to people familiar with the discussions.

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