Talabat raises AED 7.5 bn in world’s biggest tech IPO of the year
The IPO was priced at the top of the range
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The IPO was priced at the top of the range
The company saw strong demand from anchor investors
The company is on track to raise up to USD 1.5 bn
The IPO is the second-biggest in the UAE this year
Delivery Hero is offering 95% of the IPO to institutional investors
Talabat’s valuation could reach EUR 13.5 bn
Talabat to raise some USD 1 bn from the IPO
The offering comes as Delivery Hero looks to boost its share price and support its balance sheet
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