The e-commerce holding group has now sold nearly $1.2bn of its shares in the publicly-listed food delivery platform, having invested $568m in 2015.
E-commerce holding group Rocket Internet has sold about 5.7 million shares in Delivery Hero, the Germany-based food ordering platform that went public in July 2017, for approximately €197m ($242m) in total.
The sale valued the shares at roughly €34.50 each, a substantial jump from the IPO price of €25.50.
Delivery Hero operates an online service where users can order food to be delivered from a network of local restaurants and eateries. It increased the number of orders on its…
