Delivery Hero stocks to SimpleFX
You can now buy or sell Delivery Hero stocks from anywhere.
The multinational online food-delivery service based in Berlin has recently joined DAX30 and is one of Germany’s 30 biggest listed companies.
Startups like Delivery Hero are more attractive margin trading assets than traditional German companies.
Who cares about net profit when you can buy or sell stocks that gained 115% in 4 months, only to drop by 18% in 10 days?
What is Delivery Hero?
Delivery Hero is a multinational company that provides online food delivery services.
Headquartered in Berlin, Germany, it operates websites and mobile applications in more than 40 countries through its brands.
Currently, Delivery Hero is in charge of the delivery services of the affiliated brands through the delivery hero local companies in each country.
By region, Asia and the Middle East account for three-quarters of the total.
Delivery Hero is the second largest in the industry in South Korea, which has acquired 87% of Wow Brothers’ stocks sold by US Goldman Sax (GS.N) and Singapore Government Investment Corporation (GIC), Chinese investment company “Hilhaus House Capital” and US Venture “Sequoia Capital”.
Woowa explained that is was a “lifetime strategy” in a highly competitive market for delivery heroes.
According to European data, the size of the Korean online food delivery service market is 5.9 billion dollars, which has more than doubled in the past five years, and Japan is the second largest after China and the United States and Britain.