Talabat, the German Delivery Hero, Prepares its Introduction to the Dubai Stock Exchange. Talabat is a Specialized Platform Operating in Several Countries of the Region, Including Kuwait, the United Arab Emirates, Qatar, Egypt, Oman, Bahrain, Iraq, and Jordan. Its Strength Lies in the Abundance of Choices, with a Wide Variety of Cuisines and Restaurants, Ranging from Global Franchises to Local Concepts. The Listed Companies Suffered in Recent Years, Investors Began to Shun the Values of Delivery After a Pandemic-Driven Slump. At the Middle, this Business Took Off and Good Indicators Were Seen. Talabat is Effectively the Daughter Company of the Group that Showed Rapid Growth. According to Recent Figures, the Revenues of DeliveryHero in the MENA Region Reached 874 Million Euros in the Second Quarter of 2024. Last Year, the Company's Value Reached 5 Billion Euros. The Operation Allowed the Company to Recover Liquidity, Very Useful for the Parent Company that Has a Large Debt of 4 Billion Euros. The Company's Strategy Was Appreciated by the Market, and the Parent Company Gained 10% After the IPO.
