Rocket Internet Ups Stake In Foodpanda And Delivery Hero As ‘Global Online Takeaway Group’ Gets Fatter — techcrunch.com

What do we have here? Rocket Internet, the publicly-listed German ‘startup factory’ and e-commerce behemoth, has once again increased its stake in Delivery Hero, the online take-out delivery service that competes with its own Foodpanda, along with recently IPOed Just Eat. Rocket Internet is also announcing an increased investment and (now majority) stake in Foodpanda itself, with both moves part of a strategy to build out its Global Online Takeaway Group, a roll up of all its food delivery companies.

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