Delivery Hero SE has set the IPO price for Talabat Holding, its Middle Eastern unit, at AED 1.60 ($0.44) per share. This pricing positions the IPO to potentially become the largest listing in the United Arab Emirates for the year.
This decision reflects strong investor interest and confidence in the growth prospects of Talabat, a leading food delivery service in the region. The IPO is expected to attract significant attention from both local and international investors, further solidifying the company's presence in the competitive Middle Eastern market.