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.
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'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.
Shares of Delivery Hero sink as unit Talabat debuts on Dubai Market
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.  Despite its record-breaking size in both the tech sector and the GCC region this year,
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.
Talabat Drops in Dubai Debut After Gulf’s Biggest 2024 IPO
Talabat Holding Plc gave up early gains in the food delivery firm’s trading debut to turn negative after raising more than $2 ...
Delivery Hero’s Talabat Prices IPO at Top End of Range; Values Firm at $10.1 Billion
Delivery Hero’s Talabat priced its Dubai initial public offering at the top end of the previously announced range, implying a ...
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Delivery Hero Seeks Up to $1.5 Billion From Talabat’s Dubai IPO
(Bloomberg) -- Delivery Hero SE is seeking ... a Bloomberg News report. The final offer price will be announced on Nov. 29 and shares are set to start trading in Dubai on Dec. 10.
Dubai’s Mega Tech IPO Solidifies Turnaround That Began in 2021
German food delivery giant Delivery Hero SE’s Middle Eastern unit is set to start trading in Dubai next week, solidifying a ...
Europe stocks close lower to snap eight-session winning streak; Delivery Hero down 12%
European markets were back in negative territory Tuesday as investors geared up for the latest U.S. inflation report this ...