Talabat, Delivery Hero and IPO

LuLu has officially opened its newest hypermarket in Dubai’s Motor City, marking an important milestone following its highly ...
Lulu Retail Holdings Plc’s shares fell after its $1.72 billion initial public offering, a rarity in the Middle East where listings have typically offered stellar returns in early trading.
Landmark Group executives confirm no immediate IPO plans as the retail giant marks its 50th anniversary, citing financial ...
Its free cash flow increased by 64% year-on-year to US$226mil in the six months ended June. The Dubai IPO could value ...
KSA dominated listing activity with three IPOs The third quarter saw the region’s first non-GCC listing this year in Egypt ...
Delivery firm Talabat, meanwhile, has teed up a Dubai IPO that could value it higher than its parent — Delivery Hero SE.
Dubai-based Talabat and Delivery Hero declined to comment. Stay up to date with the latest news. Follow KT on WhatsApp ...
A total of 3,493,236,093 Shares, each with a nominal value of AED 0.04, will be made available in the Offering ...
Their ascent mirrors the rise of the UAE, which is now home to over 10 million people — a third of them from India ...