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PRESS RELEASE: Delivery Hero welcomes Woowa to the group - all closing actions taken

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DGAP-News: Delivery Hero SE / Key word(s): Mergers & Acquisitions/Joint Venture
Delivery Hero welcomes Woowa to the group - all closing actions taken
2021-03-03 / 08:30
The issuer is solely responsible for the content of this announcement.
. Following the written decision by the Korea Fair Trade Commission on February 2nd 2021, Delivery Hero has taken all
actions to close the transaction in relation to Woowa Brothers Corp., South Korea's largest online food delivery
platform
. As part of the transaction, Delivery Hero and the management of Woowa have entered into a strategic partnership
regarding the operations of Delivery Hero and Woowa in the Asia Pacific region
. Together, Delivery Hero and Woowa will be able to mutually leverage market insights, technology and operational
best practices
Berlin, 3 March 2021 - Following the official written decision by the Korea Fair Trade Commission, Delivery Hero SE
("Delivery Hero") yesterday took all actions to close the transaction in relation to Woowa Brothers Corp. ("Woowa").
The Delivery Hero share capital increase and the subsequent admission for trading is pending.
Niklas Östberg, CEO and Co-Founder of Delivery Hero, said: "After announcing that we were entering into a strategic
partnership with Woowa in December 2019, I am now incredibly excited to start working together. It is an honour to
welcome Bongjin Kim and his team to our family of founders and entrepreneurs. He is an exceptional leader with values
that closely align with Delivery Hero's. We truly believe that our partnership with the management of Woowa will have a
positive impact in Korea and on the global delivery industry as a whole."
As part of the transaction, Delivery Hero and the Woowa management are moving into a strategic partnership regarding
the operations of both companies in Asia. Together, Delivery Hero and Woowa will be able to mutually leverage market
insights, technology and operational best practices.
ABOUT DELIVERY HERO
Delivery Hero is the world's leading local delivery platform, operating its service in more than 40 countries across
Asia, Europe, Latin America, the Middle East and North Africa. The company started as a food delivery service in 2011
and today runs its own delivery platform on four continents. Additionally, Delivery Hero is pioneering quick commerce,
the next generation of e-commerce, aiming to bring groceries and household goods to customers in under one hour and
often in 10-15 minutes. Headquartered in Berlin, Germany, Delivery Hero is listed on the Frankfurt stock exchange since
2017, and became part of the leading index DAX (Deutscher Aktienindex) in 2020. For more information, please visit
www.deliveryhero.com.
ABOUT WOOWA
Woowa operates South Korea's leading online food delivery platform under its brand "Baedal Minjok." Woowa ceaselessly
works to innovate the food-tech industry through, amongst others, crowd-sourcing rider systems, robotics technology,
and virtual kitchens. Woowa has also launched an instant grocery delivery service called "B Mart", which provides
grocery delivery services under 30 minutes. Woowa has operations in South Korea, Vietnam and Japan.
MEDIA CONTACT
Sigrid Dalberg-Krajewski
Senior Director, Communications
+49 170 56 35 160
press@deliveryhero.com
INVESTOR RELATIONS CONTACT
Daniel Fard-Yazdani
VP, Head of Investor Relations
+49 175 55 26 027
ir@deliveryhero.com
DISCLAIMER
This release may contain forward looking statements, estimates, opinions and projections with respect to anticipated
future performance of Delivery Hero SE ("forward-looking statements"). These forward-looking statements can be
identified by the use of forward-looking terminology, including the terms "believes," "estimates," "anticipates,"
"expects," "intends," "may," "will" or "should" or, in each case, their negative, or other variations or comparable
terminology. These forward-looking statements include all matters that are not historical facts. Forward-looking
statements are based on the current views, expectations and assumptions of the management of Delivery Hero SE and
involve significant known and unknown risks and uncertainties that could cause actual results, performance or events to
differ materially from those expressed or implied in such statements. Forward-looking statements should not be read as
guarantees of future performance or results and will not necessarily be accurate indications of whether or not such
results will be achieved. Any forward-looking statements included herein only speak as at the date of this release. We
undertake no obligation, and do not expect to publicly update, or publicly revise, any of the information,
forward-looking statements or the conclusions contained herein or to reflect new events or circumstances or to correct
any inaccuracies which may become apparent subsequent to the date hereof, whether as a result of new information,
future events or otherwise. We accept no liability whatsoever in respect of the achievement of such forward-looking
statements and assumptions.
2021-03-03 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: Delivery Hero SE
Oranienburger Straße 70
10117 Berlin
Germany
Phone: +49 (0)30 5444 59 105
Fax: +49 (0)30 5444 59 024
E-mail: ir@deliveryhero.com
Internet: www.deliveryhero.com
ISIN: DE000A2E4K43
WKN: A2E4K4
Indices: DAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; London, OTC QB, OTC QX, SIX, Vienna Stock
Exchange
EQS News ID: 1172642

End of News DGAP News Service

1172642 2021-03-03

END) Dow Jones Newswires

March 03, 2021 02:31 ET ( 07:31 GMT)
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