The Rocket Internet-owned Global Online Takeaway Group sold some $148m in shares, as the online food ordering platform floated at the top of its range.
Germany-based online food ordering platform Delivery Hero has gone public in a €996m ($1.13bn) initial public offering that gave a partial exit to e-commerce holding company Rocket Internet.
The IPO consisted of 18.95 million newly issued shares, 15 million shares held by existing investors and 5.09 million shares held by the Rocket Internet-founded Global Online Takeaway Group (GOTG), all priced at €25.50 each, at the top of the €22.00 to €25.50 range.
The shares, issued in Germany and Luxembourg, equated…