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Yoni Osherov has joined Entrée Capital as a general partner, following his role as chief revenue officer at monday.com, where he significantly contributed to its growth from $10 million to over $1 billion in annual recurring revenue and its public listing in 2021. With over a decade at Verint managing a $60 million business unit, Osherov brings extensive experience to the venture capital firm, which manages $1.25 billion across nine funds and has a diverse portfolio of over 180 companies, including monday.com, Deliveroo, Stripe, and Glovo.
Paul Wilkinson has transitioned from Deliveroo, where he served as Product Director for Grocery/Retail Partners, to Lloyds Banking Group as Customer Rewards and Loyalty Director. He expressed excitement about applying his experience in retail banking, aiming to enhance customer tools and services. Wilkinson's background includes roles at Amazon and Tesco, highlighting his expertise in product management and innovation.
India's unicorn landscape has evolved rapidly, with 70 new billion-dollar startups emerging between 2021 and 2024, contrasting the decade it took to create the first 30. However, the pace has slowed, resembling a more methodical approach akin to Test cricket, as some unicorns face challenges, like Byju’s nearing insolvency. Meanwhile, Agros, a solar-powered irrigation startup, secured $4.25 million in funding to expand its services across Southeast Asia, aiming to partner with 30,000 farmers by 2027.
Deliveroo will exit the Hong Kong market after nine years, ceasing operations on April 7. The British food delivery platform is selling selected assets to rival foodpanda, citing market-specific challenges and a strategic review as reasons for its departure. Foodpanda’s parent company, Delivery Hero, will integrate Deliveroo’s customers, riders, and select restaurant and grocery partners into its platform.
Shares in online food delivery services saw increased demand, with Delivery Hero leading the MDax with a 5% rise, surpassing the 21-day moving average. UBS maintains a buy recommendation for Delivery Hero, projecting a price target of 55 euros, indicating potential for significant growth. Other companies in the sector, including Hellofresh, Just Eat Takeaway, and Deliveroo, also experienced price gains, reflecting positive market sentiment ahead of Delivery Hero's upcoming quarterly figures.
Shares in online food delivery services surged, with Delivery Hero leading the MDax with a 5% increase, surpassing the 21-day moving average. Hellofresh also saw a rise of 2.6%, while Just Eat Takeaway and Deliveroo gained 2.9% and 1.3%, respectively. UBS maintains a buy recommendation for Delivery Hero, projecting a price target of 55 euros, supported by stable market share data for its South Korean subsidiary, Baemin, and expectations for positive quarterly results.
Shares in online food delivery services surged, with Delivery Hero leading the MDax with a 5% increase, surpassing the 21-day moving average. UBS maintains a buy recommendation for Delivery Hero, projecting a price target of 55 euros, indicating potential for significant growth. Other companies like Hellofresh, Just Eat Takeaway, and Deliveroo also saw gains, reflecting positive market sentiment ahead of Delivery Hero's quarterly results.
Shares in online food delivery services are experiencing strong demand, with Delivery Hero's stock rising 5% and surpassing the 21-day moving average, a key trend indicator. UBS maintains a buy recommendation for Delivery Hero, setting a price target of 55 euros, suggesting potential for significant growth. The market for its subsidiary Baemin in South Korea shows stability, with continued double-digit growth, and anticipation builds for the company's upcoming quarterly results.
Shares in online food delivery services saw significant demand, with Delivery Hero rising 5% and surpassing the 21-day moving average, a key trend indicator. UBS maintains a buy recommendation for Delivery Hero, projecting a price target of 55 euros, while Hellofresh, Just Eat Takeaway, and Deliveroo also experienced gains. Anticipation builds for Delivery Hero's upcoming quarterly figures, which could further influence the sector's performance.
Analysts have made several notable recommendations, including JP Morgan maintaining an Underweight rating for Adecco with a reduced target of CHF 19.60, while Air France-KLM was downgraded by Barclays to Underweight with a target of EUR 7. ArgenX received a buy rating from HC Wainwright & Co, raising its target to 717 USD, and BioMérieux was upgraded to Outperform by Oddo BHF with a target of EUR 132. Other significant changes include upgrades for Deliveroo and Orange, while OVH Groupe remains a sell with a raised target of EUR 8.50.
Deliveroo plc
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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08:48 15.01.2025
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