Rocket sells Foodora to Delivery Hero
After the food ordering website Delivery Hero started working on its own food delivery service called Urban Taste, it now bought Foodora, a competitor of Deliveroo. The food delivery startups mentioned above all work with restaurants that don’t have their own delivery service. Buying Foodora from Rocket Internet only makes sense: Though it launched just last year, it is already active in 15 countries.
Details of the remain undisclosed.
HelloFresh raises €75 million round
Berlin-based meal kid service HelloFresh raises a €75 million round which leads to a €2.6 billion valuation. The startup was founded in 2011 and is preparing for an IPO, probably later this year. The investment comes from the Scottish investment company Baillie Gifford.