Delivery Hero, the worldwide network of online food ordering sites, currently operating in 33 markets and with more than 300,000 participating restaurants, just announced the possibility of going public next year.
The Berlin-based company was funded in 2011 by Niklas Östberg with a vision to transform the way people order food online. Delivery Hero claims its platform is “the easiest way to your favourite food. Choice, convenience, reliability, and quality are the key benefits for our customers.”
Delivery Hero aims to provide people with the easiest way to their favorite food. This mission is backed up by Team Europe Ventures Partner & Co-Founder, Kolja Hebenstreit among other investors, totaling up to more than $1 billion in equity funding.
According to reports from Reuters, founder and CEO Niklas Östberg told German weekly
“We’re in no hurry. Could it happen next year? Quite possibly. But in the end it will depend on whether we find the market conditions that we think will support our long-term vision, We have the size and earnings power that is needed”