{"id":661962,"date":"2025-03-09T00:00:00","date_gmt":"2025-03-09T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/03\/09\/talabat-fully-acquires-instashop-from-parent-company-delivery-hero-for-usd-32-mn\/"},"modified":"2025-03-09T00:00:00","modified_gmt":"2025-03-09T00:00:00","slug":"talabat-fully-acquires-instashop-from-parent-company-delivery-hero-for-usd-32-mn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/03\/09\/talabat-fully-acquires-instashop-from-parent-company-delivery-hero-for-usd-32-mn\/","title":{"rendered":"Talabat fully acquires Instashop from parent company Delivery Hero for  USD 32 mn"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>DFM-listed Talabat acquired 100% of Dubai-based on-demand online grocery delivery <\/strong><strong>platform <\/strong><strong><a target=\"_blank\" href=\"https:\/\/instashop.com\/en-ae\" style=\"\" rel=\"noopener\">Instashop<\/a><\/strong> in a USD 32 mn related-party transaction with its Berlin-based parent company and majority shareholder Delivery Hero as part of a restructuring push, it said in a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/3\/504.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a>. Instashop will continue to operate as an independent brand, under Talabat\u2019s grocery and retail vertical. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The cash-based transaction was financed by Talabat\u2019s internal reserves,<\/strong> with the amount reflecting Instashop\u2019s capital amount rather than its fair value. The company was valued at USD 360 mn \u2014 USD 270 mn paid upfront, with the rest deferred and tied to Instashop\u2019s future performance \u2014 when it was <a target=\"_blank\" href=\"https:\/\/www.deliveryhero.com\/newsroom\/delivery-hero-acquires-instashop-and-publishes-h1-2020-report-2\/\" style=\"\" rel=\"noopener\">bought<\/a> by Delivery Hero in 2020 \u2014 making it a favorable acquisition for Talabat\u2019s shareholders. Instashop operates in the UAE and Egypt.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Talabat listed a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/ab190a7c-8bb4-4c31-97fb-b8738aa0982b\/talabat-raises-aed-7.5-bn-in-world%25e2%2580%2599s-biggest-tech-ipo-of-the-year\" style=\"\" rel=\"noopener\">20% stake on the DFM<\/a> in a USD 2 bn IPO last December.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s all about creating synergies: <\/strong>Talabat expects the transaction to result in operational and technology synergies across both businesses, with streamlined delivery and product operations once integration, which is currently underway, is complete.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The acquisition put Talabat\u2019s gross merchandise value \u2014 the total value of all goods sold <\/strong><strong>\u2014 in 2024 at USD 2.5 bn<\/strong> on a pro forma basis. Instashop\u2019s GMV rose 16% y-o-y to USD 631 mn last year, equivalent to 8% of talabat's 2024 GMV, with positive and improving EBITDA margins, according to the statement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Market reax: <\/strong>Talabat\u2019s stock closed down 0.7% on Thursday following the news to trade at AED 1.53.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Instashop will continue to operate as an independent brand, under Talabat\u2019s grocery and retail vertical<\/p>\n","protected":false},"author":1,"featured_media":661963,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7363],"tags":[72,7128,1352],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-661962","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch","tag-enterpriseam","tag-ma-watch","tag-talabat","wpautop","entry"],"acf":{"mongo_id":"8d4bdc04-0d3f-441a-b77d-6cc6cc6ad59f","order":"5","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/3\/582.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Talabat fully acquires Instashop from parent company Delivery Hero for USD 32 mn","related_issue":[661954],"teaser":"Instashop will continue to operate as an independent brand, under Talabat\u2019s grocery and retail vertical","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/3\/.d8799ce3-4410-4a15-a61c-8df62fc7c6f1.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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Global Founders Capital, Foundation Ventures, Raed Ventures, MSA Capital and Goodwater Capital all participated in the round, which the Cairo-based company says is the largest-ever pre-seed round in the\u2026","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/417.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":566289,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/the-future-of-grocery-shopping-is-here\/","url_meta":{"origin":661962,"position":3},"title":"The future of grocery shopping is here","author":"enterpriseam admin","date":"9 June 2021","format":false,"excerpt":"Remember how the prospect of a trip to the supermarket used to be a barrier to satisfying your late-night cravings? Ultrafast grocery delivery apps could make that a thing of the past. A new generation of startups are tapping into the ultrafast grocery delivery market \u2014 which is valued at\u2026","rel":"","context":"In &quot;ON THE HORIZON&quot;","block_context":{"text":"ON THE HORIZON","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-horizon\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/453.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":662328,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/03\/14\/inflation-hits-lowest-level-in-nearly-3-years\/","url_meta":{"origin":661962,"position":4},"title":"Inflation hits lowest level in nearly 3 years","author":"enterpriseam admin","date":"14 March 2025","format":false,"excerpt":"Good morning, friends, and welcome to the weekend. We hope this warm Friday treats you well.We\u2019re halfway through Ramadan, which means it\u2019s time to tackle a small but significant aspect of our gatherings: excess desserts. 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