{"id":82984,"date":"2024-12-10T00:00:00","date_gmt":"2024-12-10T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2024\/12\/10\/talabats-net-income-jumps-44-5-in-9m-2024\/"},"modified":"2024-12-10T00:00:00","modified_gmt":"2024-12-10T00:00:00","slug":"talabats-net-income-jumps-44-5-in-9m-2024","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2024\/12\/10\/talabats-net-income-jumps-44-5-in-9m-2024\/","title":{"rendered":"Talabat\u2019s net income jumps 44.5% in 9M 2024"},"content":{"rendered":"

Delivery Hero\u2019s Middle East unit Talabat\u2019s net income rose 44.5% y-o-<\/strong>y to AED 1.1 bn in 9M 2024<\/strong>, while revenues for the period increased 26.7% y-o-y to AED 5.7 bn, according to the company\u2019s financial statements (pdf)<\/a>.<\/p>\n

(** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n

REMEMBER- <\/strong>The company \u2014 which debuts on the DFM today \u2014 raised c. USD 2 bn in its IPO on the DFM<\/a>, pricing the offering at the top of the range. The IPO, which saw double-digit oversubscription, marks the largest tech listing globally so far this year and the biggest IPO in the GCC in 2024. It is also the DFM's first-ever tech IPO.<\/p>\n","protected":false},"excerpt":{"rendered":"

Delivery Hero\u2019s Middle East unit Talabat\u2019s net income rose 44.5% y-o-y to AED 1.1 bn in 9M 2024, while revenues for the period increased 26.7% y-o-y to AED 5.7 bn, according to the company\u2019s financial statements (pdf). (** Tap or click the headline above to read this story with all of the links to our […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","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":[175],"tags":[425,448,174],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-82984","post","type-post","status-publish","format-standard","hentry","category-earnings-watch","tag-delivery-hero","tag-earnings","tag-earnings-watch","wpautop","entry"],"acf":{"mongo_id":"281ca74d-4480-4ede-a699-a52602c6de75","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/11\/1777.jpgbr!_StoryDek_!%20The%20company%20debuts%20on%20the%20DFM%20today","photo_position":"above","homepage_title":"","full_issue_title":"Talabat\u2019s net income jumps 44.5% in 9M 2024","related_issue":[82969],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/12\/.08ed21c7-1504-48ff-bca5-071f2be8779f.mp3"},"yoast_head":"\nTalabat\u2019s net income jumps 44.5% in 9M 2024 - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/2024\/12\/10\/talabats-net-income-jumps-44-5-in-9m-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Talabat\u2019s net income jumps 44.5% in 9M 2024\" \/>\n<meta property=\"og:description\" content=\"Delivery Hero\u2019s Middle East unit Talabat\u2019s net income rose 44.5% y-o-y to AED 1.1 bn in 9M 2024, while revenues for the period increased 26.7% y-o-y to AED 5.7 bn, according to the company\u2019s financial statements (pdf). 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