Delivery Hero to Combine European and Asian Businesses, Cut Jobs
- Fewer than 200 employees will be affected by the merger
- A previous deal to sell some of the Asian business fell apart
A Foodora courier.
Photographer: John MacDougall/AFP/Getty ImagesThis article is for subscribers only.
Delivery Hero SE is merging three of its businesses across Europe and Asia to cut costs and simplify its operations as the German food delivery business looks for ways to revive growth.
The company will combine two of its European business teams — Foodora and Yemeksepeti — with its Asian business, Foodpanda, Delivery Hero said in a statement on Wednesday. The company said it will cut fewer than 200 employees as part of the merger. The company said it had about 48,000 employees across all of its businesses in 2023, including almost 20,000 in delivery and food processing.