Talabat Falls in Dubai Debut

Delivery Hero’s Talabat Starts Trading in Dubai, Set to Be Largest Tech IPO in the Region
Shares in Delivery Hero subsidiary Talabat reversed direction and recently were trading lower as the company debuted on the Dubai stock exchange, but still was set to be the largest global technology IPO in the region.
Delivery Hero's Talabat Shares Jump on Dubai Stock Market Debut
Shares in Delivery Hero's Middle East subsidiary, Talabat, rose on the company's first day of trading on the Dubai stock exchange. The stock is currently trading around 1.70 U.A.E. dirham compared with its initial public offering price of 1.60 dirham announced on Nov. 29, having peaked at 1.72 dirham.
Shares of Delivery Hero sink as unit Talabat debuts on Dubai Market
Investing.com -- Shares of Delivery Hero fell over 10% on Tuesday as its unit, Talabat, made its debut on the Dubai Financial Market, raising $2 billion in its initial public offering.
Delivery Hero's Talabat sets Dubai IPO price at top end, to raise $2 bln
Talabat, one of the largest food ordering businesses in the Middle East, is set to raise about $2 billion from the largest initial public offering in the United Arab Emirates, after its parent Delivery Hero on Friday priced the offering at the top end of an earlier indicated range.
Talabat plunges over 7.5% in Dubai trading debut after $2bn IPO
The company’s shares opened at Dhs1.70, higher than the price at which Germany’s Delivery Hero sold 4.7 billion shares last month
Delivery Hero sets final price in Talabat's Dubai IPO at $0.44 per share
Delivery Hero has set the price for the IPO of its Middle Eastern unit, Talabat, at 1.60 UAE dirhams ($0.44) per share. It will raise AED 7.5 billion ($2 billion) in gross proceeds from its IPO on the Dubai financial Market (DFM).
Delivery Hero Stock: Dubai IPO Expanded Amid Strong Demand
Delivery Hero has significantly increased the scope of its planned initial public offering (IPO) for its subsidiary Talabat on the Dubai Financial Market. Responding to exceptional demand from institutional investors,
Delivery Hero's Talabat subsidiary begins trading on Dubai exchange
Shares in Delivery Hero's Middle East subsidiary Talabat began trading in Dubai on Tuesday. The Germany-based food delivery platform is raising around $2 billion through Talabat Holding's initial public offering (IPO) on the Dubai stock exchange.
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Europe stocks close lower to snap eight-session winning streak; Delivery Hero down 12%
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Talabat Rises in Dubai Debut After Gulf’s Biggest IPO for 2024
Talabat Holding Plc advanced in its Dubai trading debut after raising more than $2 billion in the largest initial public ...