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Talabat, IPO
Talabat IPO On Track To Be Year’s Largest Tech Listing
Delivery Hero SE priced its Middle Eastern unit’s initial public offering at the top of its range, putting the deal on pace to be the largest tech sector IPO of the year.
Talabat raises $2 billion in largest global tech IPO in 2024
The offering raised gross proceeds of about AED 7.5 billion (approximately $2 billion), making it the largest global technology IPO in 2024 to date, the largest IPO in the GCC this year, and the first technology sector IPO on DFM.
Talabat wins $2bn IPO, biggest UAE listing of the year
Talabat, the Middle Eastern food delivery service owned by Delivery Hero, priced its IPO on Friday at Dh1.6 a share, the top of the opening range, to raise $2.03bn-equivalent, making it the largest flotation in the United Arab Emirates this year and the second largest in the Persian Gulf Region. The IPO values Talabat at $10.1bn-equivalent.
Talabat set to be UAE's largest IPO this year after offer increased
Talabat, one of the largest food ordering businesses in the Middle East, is set to be the largest initial public offering (IPO) in the United Arab Emirates (UAE) this year after parent firm Delivery Hero on Wednesday announced it had increased the offering.
Delivery Hero's Talabat Sets Dubai IPO Offer Price At Top End
Talabat is to raise about $2 billion from its IPO this year, after Delivery Hero priced the offering at the top end of the indicated range.
Delivery Hero’s Talabat Prices IPO at Top End of Range; Values Firm at $10.1 Billion
Delivery Hero’s Talabat priced its Dubai initial public offering at the top end of the previously announced range, implying a market value of around $10 billion.
Delivery Hero's Talabat sets Dubai IPO price at top end, to raise $2 bln
Talabat, one of the largest food ordering businesses in the Middle East, is set to raise about $2 billion from the largest initial public offering in the United Arab Emirates, after its parent Delivery Hero on Friday priced the offering at the top end of an earlier indicated range.
Delivery Hero sets Talabat's IPO price at about $0.44 per share
The food delivery platform, Delivery Hero, on Friday set a final price for the initial public offering (IPO) of its Middle East online food ordering service Talabat Holding at United Arab Emirate dirham (AED) 1.
Gulf Times
3h
Talabat Holding IPO oversubscribed; raises $2bn, listing expected on December 10
Talabat Holding, the leading on-demand food, grocery, and retail platform, has seen a double-digit oversubscription to its ...
Zawya
16h
Delivery Hero sets final price in Talabat's Dubai IPO at $0.44 per share
Delivery Hero has set the price for the IPO of its Middle Eastern unit, Talabat, at 1.60 UAE dirhams ($0.44) per share. It ...
11h
Delivery Hero CEO Says Talabat IPO Leaves Parent Company ‘Undervalued’
For Delivery Hero SE, the public listing of its Middle Eastern unit brings a much needed cash windfall — and a vexing problem ...
2d
This Year’s Biggest Tech IPO Will Be In Dubai
In a sparse year for listings, the $10.2 billion float of Talabat, a food delivery company, on Dubai’s exchange is set to ...
Zawya
2d
Talabat’s Dubai IPO upsized to $2bln due to investor demand
Food delivery company, which is expected to list on DFM next month, increased its offering from 15% to 20% of share following ...
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