Germany’s Delivery Hero buys stake in British company Deliveroo

Germany’s Delivery Hero has acquired a 5.09 percent stake in online food delivery rival Deliveroo. Thanks to this, the UK-based company’s share price reached a new height since listing on the stock market in March. Online food platforms such as Delivery Hero, Deliveroo, Uber Eats and Just Eat Takeaway.com have profited from a surge in demand during pandemic lockdowns, but some experts say this will change as restaurants reopen.