Delivery Hero and Talabat's planned IPO: Strong expansion in the Middle East delivery market

Delivery Hero SE, the German leader in delivery services, announced its intention to launch its Middle East subsidiary Talabat to the Dubai Stock Exchange, where it would sell approximately 15% stake in Talabat could raise up to USD 1 billion. The estimated value of Talabat is $12 billionwhich would make the IPO one of the most significant in the region this year. The aim is not only to attract investors but also to strengthen the company's position in the fast-growing Middle East market.

Strong dividend policy and growth potential

Talabat represents an attractive opportunity for potential investors due to its planned dividend policywhich is expected to pay out up to 90% of net profit. The first dividend of USD 100 million is scheduled for April 2025. 6 billion USD, the company has great potential for long-term growth.

Competitive environment and strategic acquisitions

The delivery services market in the Middle East is highly competitive, especially with the presence of companies such as Jahez from Saudi Arabia and Chinese companies Meituan. However, Talabat is backed by strategic acquisitions, such as taking over the delivery division of Indian company Zomato in the United Arab Emirates in 2019 and the InstaShop platform in 2020. These moves have enabled Delivery Hero to expand its reach and strengthen Talabat's position in the region.

The importance of IPOs and the role of global financial institutions

Talabat's IPO is backed by reputable banks, including Emirates NBD Capital, JPMorgan Securities a Morgan Stanley. This collaboration demonstrates the importance of IPOs for Delivery Hero and the importance of Middle East markets for international investors.

Conclusion

Talabat's IPO represents one of the key events for regional equity markets, particularly given the growth potential of delivery services and the interest in investing in this dynamic sector. The success of the IPO may strengthen Delivery Hero's position in the Middle East market and attract more investors' interest in the region.