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Delivery Hero SE

Morgan Stanley sees opportunities in 2024

by Walter Watson
Morgan Stanley sees opportunities in 2024

2023 has been a good year on the whole for the internet sector, but 2024 will still be “a stock picker’s play,” according to Morgan Stanley. “The internet sector has …

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European markets live updates: stocks, news and data

by Ron Morgan
European markets live updates: stocks, news and data

UK economy worse than previously estimated in third quarter The U.K. economy contracted by 0.1% in the third quarter, the Office for National Statistics said, revising down its previous estimate …

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Deutsche Bank just cut its price target on nearly 30 global stocks — and upgraded 1

by Walter Watson
Deutsche Bank just cut its price target on nearly 30 global stocks — and upgraded 1

Ahead of the upcoming earnings season, Deutsche Bank has cut price targets on nearly 30 European stocks this week and upgraded just one to “buy.” The bank’s biggest cut to …

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Global delivery platform’s shares are set to soar over 100%, says Goldman Sachs

by Walter Watson
Global delivery platform’s shares are set to soar over 100%, says Goldman Sachs

Shares of German food delivery platform Delivery Hero are set to double over the next 12 months, according to analysts from Goldman Sachs. The U.S. investment bank has a price …

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Foodpanda confirms talks to sell part of its Asia business, layoffs

by Ron Morgan
Foodpanda confirms talks to sell part of its Asia business, layoffs

A courier for Foodpanda, a meal-delivery service operated by Delivery Hero AG, checks his smartphone while sitting on a motorcycle at the company’s operations center in Bangkok, Thailand, on Friday, …

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