Delivery Hero SE’s stock price has increased due to high demand for online food ordering and delivery services, as well as investor optimism about market trends.
Delivery Hero SE reports positive developments, with its stock price increasing and the company successfully concluding an investigation by the European Commission.
Delivery Hero, a German online food delivery giant, has been fined 329 million euros by the European Commission for engaging in cartel practices, including poaching employees and exchanging sensitive information with a rival.
Delivery Hero faces turbulent times due to a record 329 million euro fine from the European Commission for cartel practices and declining stock price amid market volatility.
Delivery Hero SE, a German online food delivery company, has been fined 329 million euros by the European Commission for engaging in cartel practices, including agreeing not to poach employees and exchanging sensitive information.
Delivery Hero SE’s stock price has stabilized, but a significant shift in the company’s voting rights structure, following Goldman Sachs’ acquisition of a substantial stake, has raised concerns about corporate governance and potential undue influence.
Delivery Hero SE’s stock price declined by 0.93% to 24.83 euros after the company announced voting rights information, but its long-term market performance is unlikely to be significantly impacted.
Delivery Hero SE’s stock price has plummeted over the past few years, leaving its long-term prospects uncertain and its future in the online food delivery market uncertain.